Question 1

Is Collinsville a nice place to live?

Accepted Answer

Collinsville is a small rural mining town in the Bowen Basin, with a compact main street and community facilities that serve nearby mines and cattle properties.

It is an older community, with 42.9% of homes owned outright, and everyday life centres on outdoor pursuits such as horse riding, four-wheel driving and bushwalking alongside local sporting clubs and community events. The Collinsville Community Hub and Showgrounds precinct has been funded and is planned to consolidate the customer service centre, library, shape-up shed, community hall, telecentre, meeting rooms, amenities and tourism information.

Question 2

Is it expensive to live in Collinsville?

Accepted Answer

A typical local household in Collinsville earned about $1,271 a week at the last Census. With house rents around $460 a week, renting a house would take about 36% of that weekly household income, roughly a third and a sizeable share of income. If you're renting, that rent share is the figure that matters when weighing how expensive Collinsville is for you.

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 Collinsville a good place to invest?

Accepted Answer

Collinsville has seen substantial movement in its house market over the past 12 months: median house values rose 32.9% while house rents increased 15.0%. For houses, that means the change in value relates to capital growth and the change in rent relates to rental income, with capital growth rising by a noticeably larger margin than rents over the period.

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	32.9%	N/A
Sold Past 3 months	8	N/A
Median days on market Past 12 months	55	N/A
Average rent Past 12 months	$460	N/A
Change in rent Past 12 months	15.0%	N/A

	Suburb	QLD
Median age years	43	38
Median household income weekly	$1,271	$1,675
Couples with children share of families	36.6%	41.2%
Couples without children share of families	46.7%	40.3%
One-parent families share of families	15.9%	16.8%
Homes owned outright share of homes	42.9%	30.1%
Homes with a mortgage share of homes	18.9%	35.6%
Homes rented share of homes	38.2%	34.3%

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