Question 1

Is Coonarr a nice place to live?

Accepted Answer

Coonarr is a small rural locality of open farmland and pockets of native bush, with low-density homes on acreage. Life follows a quiet country rhythm and it tends to attract people who want space for hobby farming, keeping horses or a more private lifestyle away from town. Housing is dominated by standalone houses, sheds and rural outbuildings, and there are limited services within the locality, so residents drive to nearby towns for shops, schools and medical care using local roads.

With 257 residents, a median age of 55 and a high rate of owner-occupation (56.5% owned outright and 34.8% owned with a mortgage), Coonarr reads as a settled, owner-occupied community dominated by couples without children. There are no schools in the locality; the nearest government primary is in Alloway and the nearest government secondary is Bundaberg State High School. Whether it suits you comes down to how much you value space and rural living versus immediate access to services.

Question 2

Is it expensive to live in Coonarr?

Accepted Answer

There haven't been enough recent sales or rentals in Coonarr to publish reliable median house or unit prices or average rents. The only available figure is the ABS median total household income at the most recent Census, which was $958 a week, and without current prices or rents it's not possible to say how expensive housing is in Coonarr 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 Coonarr a good place to invest?

Accepted Answer

Coonarr hasn't had enough recent sales to put reliable figures on how house or unit prices and rents moved over the past year. Without that information, there isn't a clear picture of how the suburb has performed as an investment.

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