Question 1

Is Bluewater a nice place to live?

Accepted Answer

Bluewater is a laid-back coastal-rural suburb north of Townsville, set around sandy foreshore, tidal creeks and pockets of bushland. It has a low-density, semi-rural feel with broad blocks and a mix of older seaside cottages and newer family homes, so residents tend to be families and people seeking a quieter lifestyle, including retirees. Outdoor life is the draw, with easy access to beach and estuary activities, bush walking and alfresco living. A small village-style strip and community facilities meet everyday needs, and road links along the Bruce Highway keep the city accessible.

Bluewater is a small community of 1,085 people with a median age of 41. The typical household income is $1,891 a week, which is about $98,332 a year.

The suburb is strongly family-oriented: couple families with children are the largest group at 44.9%, and together with couple families without children (38.9%) they make up more than eight in ten families. One-parent families account for 13.3%, and other families 3.0%.

Homes in Bluewater are predominantly owner-occupied: 32.5% are owned outright and 54.9% are owned with a mortgage, a combined 87.4%, while 12.6% of dwellings are rented.

Question 2

Is it expensive to live in Bluewater?

Accepted Answer

Bluewater 4818 hasn't had enough recent sales or rentals to publish reliable house or unit price and rent figures, so there isn't a clear picture of how expensive it is to live there compared with local incomes. The only available number is the suburb's median total household income at the last Census, $1,891 a week, and that alone doesn't let us say how housing costs stack up against what people there earned at the last Census.

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 Bluewater a good place to invest?

Accepted Answer

House values in Bluewater rose 10.3% over the past 12 months, a strong increase in what a house here is worth. For someone weighing Bluewater as an investment, that figure speaks to capital growth over the year; if rental income is your priority, there isn't enough recent rent data for the suburb to show how rents moved. Whether that level of capital growth suits your investment goals depends on your personal objectives and circumstances.

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	10.3%	N/A
Sold Past 3 months	8	N/A
Median days on market Past 12 months	30	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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