Question 1

Is Chinderah a nice place to live?

Accepted Answer

Chinderah is a relaxed riverside village on the Tweed River with a small commercial strip and a marina, so boating, fishing and riverfront walking are part of everyday life. Housing is a mix of older single-storey homes, riverside blocks and caravan and holiday parks, which gives the area a blend of permanent residents and seasonal visitors and a quietly coastal, waterside feel. There is easy access to nearby beaches and the Pacific Highway and local roads link across the Queensland border.

The community numbers 1,639 people and has a median age of 62, with couple households predominant and about five in six homes owner-occupied. Recent local open-space works upgraded Turnock Park and John Oxley Park, and major road upgrades for the Tweed Coast Road are being progressed. That combination makes Chinderah a settled, waterside suburb that will suit people who value boating and quiet riverside life; whether it suits you depends on what you want from a neighbourhood.

Question 2

Is it expensive to live in Chinderah?

Accepted Answer

In Chinderah, a house renting for about $540 a week would take roughly 75.1% of a typical local household's weekly income as recorded at the most recent Census. On these figures that is a large share of income, so renting a house here would absorb most of what a typical household earned at the last Census.

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 Chinderah a good place to invest?

Accepted Answer

House values in Chinderah rose 55.8% over the past 12 months, a strong increase, while house rents increased 8.0% over the same period, a solid rise. Put simply, the price growth for houses this year has far outpaced the rise in the rent those houses earn.

If your priority is capital growth, the house value change is the most relevant figure; if rental income matters more, the rent change is the one to consider. Whether that balance suits your own goals and circumstances is for you to weigh up.

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	55.8%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	101	N/A
Average rent Past 12 months	$540	N/A
Change in rent Past 12 months	8.0%	N/A

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