Question 1

Is Fishermans Paradise a nice place to live?

Accepted Answer

Fishermans Paradise is a small coastal locality near Kiama and Gerringong, centred on a quiet strip of beach, rocky platforms and coastal headlands that attract local anglers and people after a low-key seaside retreat. The suburb is made up mainly of low-rise beach cottages and holiday rental homes, so the resident mix includes long-term locals alongside weekend visitors and retirees. There are limited shops immediately nearby, with most daily services, cafes and schools located in neighbouring Gerringong and Kiama, and the area has easy access to the Princes Highway and regional rail links.

The community numbers 491 people with a median age of 50, and a typical household income of $1,016 a week. Families form the bulk of households, with couple families without children the largest group, and over four in five homes are owner-occupied. Local volunteers and council plans are focused on extending the foreshore reserve and protecting coastal wetlands, and residents are pursuing a community hall, playground upgrades, a rebuilt boardwalk and a safe swimming zone; there are also proposals for shared-user paths and a Conjola Park jetty and kayak launch backed by a bushfire-recovery grant. Whether it suits you will come down to how much you value a quiet beachside setting and close regional links.

Question 2

Is it expensive to live in Fishermans Paradise?

Accepted Answer

A typical household in Fishermans Paradise earned $1,016 a week at the last Census. A house rent of $485 a week would take about 47.8% of that income, a large share of a typical local household's weekly earnings, so if you're renting that rent share is the figure that matters.

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 Fishermans Paradise a good place to invest?

Accepted Answer

The standout figure over the past 12 months is the house market: house values in Fishermans Paradise fell by 20.1%, a strong decline in capital value over the year.

For anyone weighing Fishermans Paradise as an investment, that 20.1% fall is the central number for capital growth to consider; whether it suits your objectives and circumstances is for you to decide.

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	-20.1%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	48	N/A
Average rent Past 12 months	$485	N/A
Change in rent Past 12 months	N/A	N/A

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