Question 1

Is Fishermans Paradise a nice place to live?

Accepted Answer

Fishermans Paradise is a small South Coast locality centred on nearby water and foreshore reserves that are used for fishing, walking and birdwatching.

The community is older, with incomes below the NSW median and a large share of couple families without children (52.7% of families). Roads and public transport links connect to shopping and services in surrounding centres, local green spaces support relaxed outdoor recreation, and Shoalhaven City Council has installed new fishing-facility infrastructure, including a fish-cleaning table by the foreshore.

Question 2

Is it expensive to live in Fishermans Paradise?

Accepted Answer

On the figures, a typical household in Fishermans Paradise earned about $1,016 a week at the last Census. With house rent around $480 a week, renting a house here would use roughly 47% of a typical local household's weekly income, which is a large share of income; if you're renting rather than buying, that rent share is the number 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

In Fishermans Paradise, median house values fell 19.7% over the past 12 months. That movement is the change in house values, so it relates to capital growth for houses. There isn't enough recent information here to report how rents or unit values moved, so those parts of the market aren't reflected in this figure.

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	-19.7%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	48	N/A
Average rent Past 12 months	$480	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	NSW
Median age years	50	39
Median household income weekly	$1,016	$1,829
Couples with children share of families	28.1%	44.7%
Couples without children share of families	52.7%	37.9%
One-parent families share of families	17.1%	15.8%
Homes owned outright share of homes	46.3%	32.6%
Homes with a mortgage share of homes	36.1%	33.6%
Homes rented share of homes	17.6%	33.7%

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