Question 1

Is Cashmere a nice place to live?

Accepted Answer

Cashmere is a semi-rural suburb on the lower slopes of the D'Aguilar Range, with leafy paddocks, pockets of native bush and an acreage lifestyle. Homes are typically on larger blocks and appeal to families, horse owners and buyers after space and privacy rather than dense urban living. It is a community of 4,970 people with a median age of 40, and families dominate the household mix while most homes are owner-occupied.

Everyday needs are met by nearby suburban centres such as North Lakes and Morayfield for shopping, schools and services, and most travel in and out of Cashmere is by car. There are some local road improvement and fauna-crossing works planned or under way, and Moreton Bay Libraries runs a mobile library that stops fortnightly at Cashmere Village Shopping Centre on Warra Lane. Whether it suits you will come down to how much you value space, privacy and a quieter, acreage-style setting.

Question 2

Is it expensive to live in Cashmere?

Accepted Answer

Buying looks much more stretched against local incomes than renting in Cashmere. A median house price of $1,525,000 is about 9.9 times a typical local household's annual income at the last Census (weekly household income $2,950), which places buying well above what local households earned at that time. By comparison, a house rent of $880 a week would take roughly 29.8% of a typical local household's weekly income at the last Census, a moderate share of income. If you're weighing options, the rent share is the immediate measure of what renting would mean for weekly cashflow, while the price multiple shows how buying sits against local earnings.

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 Cashmere a good place to invest?

Accepted Answer

The house market in Cashmere has seen a strong rise over the past 12 months, with median house values up 16.3%.

House rents also increased, up 6.0% over the year, a solid gain for rental income. Because the value increase was larger than rent growth, capital growth has been the stronger performer for houses in Cashmere this year. Whether that balance fits your objectives depends on whether you prioritise capital gains or 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	$1.52M	N/A
Change in value Past 12 months	16.3%	N/A
Sold Past 3 months	12	N/A
Median days on market Past 12 months	26	N/A
Average rent Past 12 months	$880	N/A
Change in rent Past 12 months	6.0%	N/A

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