Question 1

Is Boyne Island a nice place to live?

Accepted Answer

Boyne Island has a relaxed riverfront character with mangrove-lined banks, river parks and riverside housing, and a bridge linking it to neighbouring Tannum Sands.

Couples with children are the largest family group and most homes are owner-occupied, with a median age of 37. Everyday needs are met by a compact shopping centre and community and sporting facilities, and river parks and riverside lots provide outdoor space; construction has commenced on the Boyne Tannum Aquatic Centre.

Question 2

Is it expensive to live in Boyne Island?

Accepted Answer

Housing costs in Boyne Island sit differently for renters and buyers. A typical local household earned about $1,870 a week at the last Census. House rents averaging $590 a week would take roughly 32% of that weekly income, a sizeable share, while unit rents of about $440 a week would take roughly 24%, a moderate share.

The median house price of $627,599 works out to about 6.5 times a typical local annual household income, which sits well above local incomes. If you're renting rather than buying, the rent shares are the most relevant figures; if you're looking to buy, the price multiple shows how housing costs compare with what a typical local household earns.

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 Boyne Island a good place to invest?

Accepted Answer

Unit values led the way in Boyne Island over the past 12 months, jumping 23.3%, while house values also rose strongly, up 17.4%.

Rents rose more modestly: unit rents increased a solid 7.3%, and house rents rose slightly, up 1.7%. For both houses and units, capital growth outpaced rental income growth by a large margin. That contrast matters if you are weighing capital growth against rental income.

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	$628K	N/A
Change in value Past 12 months	17.4%	23.3%
Sold Past 3 months	21	3
Median days on market Past 12 months	15	27
Average rent Past 12 months	$590	$440
Change in rent Past 12 months	1.7%	7.3%

	Suburb	QLD
Median age years	37	38
Median household income weekly	$1,870	$1,675
Couples with children share of families	42.3%	41.2%
Couples without children share of families	40.5%	40.3%
One-parent families share of families	16.2%	16.8%
Homes owned outright share of homes	26.7%	30.1%
Homes with a mortgage share of homes	40.3%	35.6%
Homes rented share of homes	33.0%	34.3%

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