Question 1

Is Hideaway Bay a nice place to live?

Accepted Answer

Hideaway Bay is a small coastal locality on the Coral Sea near the Whitsunday Islands, with a relaxed maritime character centred on fishing, boating and direct recreational boat access.

The community is older, with couples without children at home common and many households owning their homes outright; 232 people live in Hideaway Bay. A compact mix of local shops and holiday facilities meets day-to-day needs, larger service centres a short drive away provide broader shopping, schools and medical services, and a Dingo Beach to Hideaway Bay nature walk has been proposed to create new trails linking the two communities, subject to design, costing and grant funding.

Question 2

Is it expensive to live in Hideaway Bay?

Accepted Answer

A typical household in Hideaway Bay had a weekly income of $1,125 at the most recent Census. There haven't been enough recent property sales or rentals in Hideaway Bay to publish reliable price and rent figures, so it's not possible to say 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 Hideaway Bay a good place to invest?

Accepted Answer

Hideaway Bay's median house value rose a strong 14.6% over the most recent 12 months, which is a measure of capital growth for houses. There isn't enough recent data here to report on unit values or on house or unit rents.

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	14.6%	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	76	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	63	38
Median household income weekly	$1,125	$1,675
Couples with children share of families	24.4%	41.2%
Couples without children share of families	70.5%	40.3%
One-parent families share of families	5.1%	16.8%
Homes owned outright share of homes	66.3%	30.1%
Homes with a mortgage share of homes	30.8%	35.6%
Homes rented share of homes	2.9%	34.3%

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