Question 1

Is Clermont a nice place to live?

Accepted Answer

Clermont is a rural town in Central Queensland that serves surrounding cattle country and mining activity, and its compact main street features older brick and timber commercial buildings.

It is a community where couples with children are the largest family group, most homes are owner-occupied and 2,952 people live in Clermont. Local life centres on community facilities, shops and sporting clubs, road and rail links connect Clermont to other regional centres, and nearby bushland and dams provide outdoor recreation. Queensland Health delivered renal dialysis treatment spaces at the Clermont Multipurpose Health Service, completed as part of a regional program.

Question 2

Is it expensive to live in Clermont?

Accepted Answer

A typical local household in Clermont earned about $1,867 a week at the most recent Census, so this income reflects that time rather than necessarily today. With house rent around $485 a week, renting a house would use about 26% of a typical local household's weekly income, which is a moderate share.

The median house price of $337,500 works out to about 3.5 times a typical local annual household income, so buying sits at a relatively affordable multiple against local incomes. If you are renting rather than buying, the rent share is the figure that matters; if buying, the purchase multiple is the key number. 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 Clermont a good place to invest?

Accepted Answer

What stands out in Clermont over the past 12 months is that both house and unit values rose strongly: house values climbed 16.4% while unit values increased 21.8%.

House rents also climbed a strong 21.2%, so rental income on houses grew faster than house capital value. Unit capital growth outpaced house capital growth, with units up 21.8% compared with 16.4% for houses.

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	$338K	N/A
Change in value Past 12 months	16.4%	21.8%
Sold Past 3 months	14	1
Median days on market Past 12 months	98	N/A
Average rent Past 12 months	$485	N/A
Change in rent Past 12 months	21.3%	N/A

	Suburb	QLD
Median age years	36	38
Median household income weekly	$1,867	$1,675
Couples with children share of families	44.0%	41.2%
Couples without children share of families	43.1%	40.3%
One-parent families share of families	12.0%	16.8%
Homes owned outright share of homes	31.4%	30.1%
Homes with a mortgage share of homes	26.2%	35.6%
Homes rented share of homes	42.5%	34.3%

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