Question 1

Is Farnborough a nice place to live?

Accepted Answer

Farnborough has shoreline reserves, nearby harbour access for boating and fishing, and a local primary school, Farnborough State School.

The community is long-established with many owner-occupiers — 53.7% of homes are owned outright, couples without children make up 47.3% of families and 469 people live in Farnborough. Daily shopping and services are found in neighbouring Yeppoon and local roads connect the suburb to the wider Capricorn Coast and regional network; walking tracks and reserves support an outdoor-oriented lifestyle. The Farnborough Beach Traffic Management Project trialled a temporary night-time closure of a beach section and council officers have been reviewing enforcement footage from that trial.

Question 2

Is it expensive to live in Farnborough?

Accepted Answer

There haven't been enough recent sales or rentals in Farnborough to produce reliable current figures for house and unit prices or typical rents. The suburb's median household income was $1,472 a week at the most recent Census, so it's not possible from the available data to say how housing costs compare 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 Farnborough a good place to invest?

Accepted Answer

Farnborough hasn't had enough recent sales to publish reliable figures for how house or unit prices and rents have moved, which is common in smaller or quieter markets. Without those figures, there isn't a clear picture of how it 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

	Suburb	QLD
Median age years	49	38
Median household income weekly	$1,472	$1,675
Couples with children share of families	40.3%	41.2%
Couples without children share of families	47.3%	40.3%
One-parent families share of families	12.4%	16.8%
Homes owned outright share of homes	53.7%	30.1%
Homes with a mortgage share of homes	36.0%	35.6%
Homes rented share of homes	10.4%	34.3%

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