Question 1

Is Burnside a nice place to live?

Accepted Answer

Burnside sits beside Nambour on the Sunshine Coast hinterland and has a quietly domestic, semi-rural feel with mostly single-storey homes on tree-lined streets and pockets of creekside parkland. It is a community of 3,104 people with a median age of 37 and is weighted towards couple families; together, couple families with and without children make up 83.0% of families. Housing mixes older weatherboard and brick homes with some newer townhouse infill, and about four in five dwellings are owner-occupied.

Day-to-day life centres on easy access to Nambour's shops, services and train station, road links to larger Sunshine Coast centres, and local facilities such as Burnside State High School, which has funding for a new performing arts facility. The Nambour place revitalisation and the Beerburrum to Nambour rail upgrade are progressing, and nearby Nambour General Hospital has completed major redevelopment works. Whether Burnside suits you will come down to how much you value a settled, semi-rural neighbourhood with close access to town amenities and transport.

Question 2

Is it expensive to live in Burnside?

Accepted Answer

At $840 a week, house rent in Burnside would take about 51.7% of a typical local household's weekly income as recorded at the most recent Census, which is a large share of income.

A median house price of $1,000,000 works out to about 11.8 times a typical local annual household income at the last Census, which sits well above local incomes. On these figures, buying a house in Burnside is more stretched against local incomes at the last Census than renting is, and 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 Burnside a good place to invest?

Accepted Answer

House rents in Burnside climbed 23.5% over the past 12 months, while house values rose 14.9% in the same period. In other words, rental income for houses increased faster than house prices did over the year.

If you are weighing Burnside up as an investment, the value change is the capital growth figure and the rent change is the rental income figure; if rental income is your priority, that 23.5% rise is the more relevant number. Whether that balance suits your goals and circumstances is for you to judge.

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	$1M	N/A
Change in value Past 12 months	14.9%	N/A
Sold Past 3 months	13	N/A
Median days on market Past 12 months	15	N/A
Average rent Past 12 months	$840	N/A
Change in rent Past 12 months	23.5%	N/A

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