Question 1

Is Belgian Gardens a nice place to live?

Accepted Answer

Belgian Gardens is an inner Townsville suburb near The Strand, known for its tree-lined streets, parkland along Cleveland Bay and the elevated ridgeline of Castle Hill.

Couples with children are the largest family group and most homes are owner-occupied, with 2,073 people recorded at the 2021 Census. Small shops and cafes meet day-to-day needs and regular bus services link residents with the city centre and surrounding precincts, while parks and Castle Hill provide walking and outlooks; the Belgian Gardens Cemetery is being expanded, with construction underway.

Question 2

Is it expensive to live in Belgian Gardens?

Accepted Answer

A typical local household in Belgian Gardens earned about $1,638 a week at the most recent Census. With average house rent at $650 a week, renting a house would take about 40% of that weekly income, a sizeable share, while renting a unit at $500 a week would take about 31% of income.

The median unit price of $520,000 works out to about 6.1 times a typical local annual household income, which sits well above local incomes. On these figures, buying a unit is the more stretched option against what typical households in Belgian Gardens earned at the last Census; whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Belgian Gardens a good place to invest?

Accepted Answer

In Belgian Gardens over the past 12 months, house rents climbed a strong 18.2% while house values rose a modest 4.5%, and unit values increased strongly by 11.8% while unit rents fell 3.8%.

Put simply, the recent house movement shows rental income outpacing capital growth, whereas for units capital growth has outstripped rental income; which outcome matters more will depend on whether you prioritise rental returns or value growth.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	$520K
Change in value Past 12 months	4.5%	11.8%
Sold Past 3 months	7	11
Median days on market Past 12 months	32	17
Average rent Past 12 months	$650	$500
Change in rent Past 12 months	18.2%	-3.8%

	Suburb	QLD
Median age years	40	38
Median household income weekly	$1,638	$1,675
Couples with children share of families	41.6%	41.2%
Couples without children share of families	39.2%	40.3%
One-parent families share of families	17.7%	16.8%
Homes owned outright share of homes	28.3%	30.1%
Homes with a mortgage share of homes	28.3%	35.6%
Homes rented share of homes	43.3%	34.3%

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