Question 1

Is Clermont a nice place to live?

Accepted Answer

Clermont is a rural service town in Central Queensland’s inland mining and grazing country. Everyday life revolves around a compact main street of well-worn heritage buildings, a pub, local shops and community facilities, and outside those amenities people take part in outdoor recreation, sporting clubs and regional events. Housing ranges from traditional timber Queenslanders on generous blocks to more modest modern homes, and sealed regional roads make the town a practical base for people working in agriculture or mining and for exploring the surrounding countryside.

The community of 2,952 people has a median age of 36 and is weighted towards couple families, both with and without children. Homes are more often owner-occupied than rented, though renting remains significant. Recent and planned council and government projects — including a state high school upgrade, a new police station, saleyards and showgrounds revitalisation, a Country Universities Centre fit-out, a treated-water reservoir and a museum rebrand — add to local facilities. Whether Clermont suits you will come down to the lifestyle and work you have in mind.

Question 2

Is it expensive to live in Clermont?

Accepted Answer

Buying in Clermont sits at about 3.6 times a typical local household's annual income at the last Census, based on a median house price of $352,500 and a Census household income of $1,867 a week. That multiple is relatively affordable against local incomes.

Rents run to $450 a week for houses and $350 a week for units, so against the same Census household income house rent would take about 24.1% of weekly income (a moderate share) while unit rent would take about 18.7% (a modest share). If you're renting rather than buying, those rent shares are the figures that matter when judging cost.

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

Unit values in Clermont climbed 16.5% over the past 12 months, the largest movement in the figures, while house values also rose strongly, up 10.9%. House rents jumped 12.5% over the year, slightly outpacing house value growth, so rental income on houses rose at a marginally faster rate than their capital growth this year. Whether that balance fits your investment 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	$353K	N/A
Change in value Past 12 months	10.9%	16.5%
Sold Past 3 months	12	1
Median days on market Past 12 months	110	N/A
Average rent Past 12 months	$450	$350
Change in rent Past 12 months	12.5%	N/A

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