Question 1

Is Gregory River a nice place to live?

Accepted Answer

Gregory River sits beside the Gregory River near the Coral Sea and is dominated by flat agricultural land of sugarcane and grazing paddocks.

With 427 residents, the community is made up of small acreage and farming lots where many households are buying their homes and many own their homes outright; couples with children make up 45.2% of families. Residents look to nearby Ayr and Home Hill for shops, schools and services, with regional roads linking properties to those centres. The Gregory River Bridge replacement on Dingo Beach Road was completed, replacing the former single-lane timber bridge with a two-lane concrete structure.

Question 2

Is it expensive to live in Gregory River?

Accepted Answer

Median household income in Gregory River was $1,775 a week at the most recent Census. There haven't been enough recent property sales or rentals in Gregory River to publish reliable house or unit prices or rents, so it isn't possible to describe how expensive it is to live here 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 Gregory River a good place to invest?

Accepted Answer

Gregory River hasn't had enough recent sales to publish reliable figures on how house or unit values and rents have changed. Without that information, 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	2	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	40	38
Median household income weekly	$1,775	$1,675
Couples with children share of families	45.2%	41.2%
Couples without children share of families	42.3%	40.3%
One-parent families share of families	12.5%	16.8%
Homes owned outright share of homes	44.6%	30.1%
Homes with a mortgage share of homes	50.4%	35.6%
Homes rented share of homes	5.0%	34.3%

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