Question 1

Is Burua a nice place to live?

Accepted Answer

Burua is a rural locality of open paddocks, hobby farms and low-density housing with pockets of native eucalypts and cleared grazing land.

Many households in Burua are buying their homes and incomes are above the Queensland median, with couple families with children accounting for 51.0% of families. Faith Baptist Christian School is located in the locality, and the area is included in Gladstone Regional Council’s Our Place Our Plan, with council having resolved to amend the Local Government Infrastructure Plan to include Map 2c (Beecher/Burua) that sets out priority infrastructure and charge-area mapping.

Question 2

Is it expensive to live in Burua?

Accepted Answer

There haven't been enough recent sales or rentals in Burua to publish reliable house or unit prices or typical rents, so it's not possible to say from the available data how expensive it is to live there compared with local housing costs. The median household earned $2,430 a week at the most recent Census, but that single income figure alone doesn't let us judge affordability against current property prices or rents.

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 Burua a good place to invest?

Accepted Answer

House values in Burua edged up 1.7% over the past 12 months. On a house, that movement represents a slight increase in capital value.

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	1.7%	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	39	38
Median household income weekly	$2,430	$1,675
Couples with children share of families	51.0%	41.2%
Couples without children share of families	40.8%	40.3%
One-parent families share of families	8.2%	16.8%
Homes owned outright share of homes	26.4%	30.1%
Homes with a mortgage share of homes	60.6%	35.6%
Homes rented share of homes	13.0%	34.3%

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