Question 1

Is Eureka a nice place to live?

Accepted Answer

Eureka is a semi-rural locality in Queensland’s Fraser Coast, within the Hervey Bay postcode area. It has a country feel, with larger blocks, open paddocks and pockets of native bush, and a mix of rural homes and low-density residential lots that tend to appeal to families, hobby farmers and people seeking a quieter lifestyle. Day-to-day shopping, schools and medical services are found in nearby town centres, and local roads provide straightforward links to the coast and wider Fraser Coast amenities.

The community is small, with 223 people, a median age of 51 and a median household income of $1,166 a week (about $60,600 a year). Families are strongly weighted towards couples — 57.1% are couple families without children and 34.9% are couple families with children, while one-parent families make up 7.9%. Homes are overwhelmingly owner-occupied, about 92.7% owned outright or with a mortgage and renters 7.4%. There are no schools in Eureka; the nearest government primary and secondary schools are in Childers, and no significant new infrastructure or development projects are reported for the locality.

Question 2

Is it expensive to live in Eureka?

Accepted Answer

There haven't been enough recent sales or rentals in Eureka to publish reliable house or unit prices or typical rents. The ABS median total household income at the most recent Census was $1,166 a week, but without current price or rent figures it's not possible to say how housing costs sit against 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 Eureka a good place to invest?

Accepted Answer

There haven't been enough recent sales in Eureka 4660 to publish reliable 12-month figures for how house or unit values and rents have moved. Without those published movements, it isn't possible to describe how Eureka has performed as an investment over the past year.

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.

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