Question 1

Is Castle Hill a nice place to live?

Accepted Answer

Castle Hill centres on a granite monolith and bushland reserve, with walking tracks and lookouts giving sweeping views over Townsville and Cleveland Bay.

Castle Hill is an older community with incomes above the median for Queensland and many households owning their homes outright.

Couples with children make up 46.8% of families while couples without children account for 44.7%. At the 2021 Census, 972 people lived in Castle Hill.

Castle Hill and Queensland

	Suburb	QLD
Median age years	46	38
Median household income weekly	$3,781	$1,675
Couples with children share of families	46.8%	41.2%
Couples without children share of families	44.7%	40.3%
One-parent families share of families	8.5%	16.8%
Homes owned outright share of homes	47.3%	30.1%
Homes with a mortgage share of homes	39.5%	35.6%
Homes rented share of homes	13.2%	34.3%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Question 2

Is it expensive to live in Castle Hill?

Accepted Answer

Castle Hill hasn't had enough recent sales or rentals to publish reliable house or unit prices or rents. The only local figure available is the median total household income of $3,781 a week from the most recent Census, so without price or rent data it's not possible to describe how expensive it is to live in Castle Hill compared with local incomes.

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 Castle Hill a good place to invest?

Accepted Answer

Over the past 12 months, house values in Castle Hill edged up by 1.0%. That is a slight increase in capital value for houses, and there isn't enough recent data here to report how unit values or rents moved.

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	1.0%	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	98	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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