Question 1

Is Bloomsbury a nice place to live?

Accepted Answer

Bloomsbury is a small rural locality of farms and low-density properties, served by the North Coast railway at Bloomsbury railway station and with the Bloomsbury water pipeline project under construction.

With 539 residents, it is an older community with incomes below the Queensland median and many households owning their homes outright, and couple families without children are the largest family type. Local services are limited, so people travel to nearby regional centres for shopping, schooling and health care, while straight roads, wide verges and access to coastal and river fringe environments support outdoor recreation and the local agricultural economy.

Question 2

Is it expensive to live in Bloomsbury?

Accepted Answer

In Bloomsbury, a typical household earned about $1,125 a week at the most recent Census. There haven't been enough recent sales or rentals to publish reliable house or unit prices or rent figures for Bloomsbury, so it's not possible to say how expensive housing is there compared with local incomes.

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 Bloomsbury a good place to invest?

Accepted Answer

Bloomsbury hasn't had enough recent sales to put reliable figures on how house or unit values and rents have moved. Without that information, there isn't a clear picture of how it has performed as an investment.

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	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	QLD
Median age years	50	38
Median household income weekly	$1,125	$1,675
Couples with children share of families	36.7%	41.2%
Couples without children share of families	51.7%	40.3%
One-parent families share of families	11.6%	16.8%
Homes owned outright share of homes	42.4%	30.1%
Homes with a mortgage share of homes	42.9%	35.6%
Homes rented share of homes	14.7%	34.3%

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