Question 1

Is Kawana a nice place to live?

Accepted Answer

Kawana, QLD 4701 is an established residential suburb of Rockhampton with broad, tree-lined streets and a quietly domestic character. Housing ranges from older weatherboard and brick homes on generous blocks to pockets of newer infill, and the area is popular with families and people after a practical suburban pace. The community numbers 4,434 people with a median age of 38, and most homes are owner-occupied (61.1%), while a substantial share are rented.

Everyday needs are met by local shops, parks and sporting fields, with Ergon Park listed as a public reserve, and arterial roads provide straightforward access to the city and surrounding region. Kawana is affected by the Rockhampton Ring Road project, which has delivered the Lion Creek Bridge and includes a planned third bridge with shared active transport links to improve connectivity to destinations such as Rockhampton Base Hospital and the airport. Whether Kawana suits you will come down to whether you want an established, convenient suburb with housing and amenities that suit families and longer-term living.

Question 2

Is it expensive to live in Kawana?

Accepted Answer

On the figures for Kawana, a median house price of $652,551 works out to about 9.5 times a typical local household's annual income as recorded at the last Census. Rents sit high against that Census income: a house at $560 a week is about 42.2% of a typical weekly household income (a large share), while a unit at $420 a week is roughly 31.7% (a sizeable share). If you are renting rather than buying, those rent shares are the most relevant numbers to consider; whether they feel expensive will depend on your own circumstances.

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 Kawana a good place to invest?

Accepted Answer

The clearest movement over the past year is the strong rise in house values, up 21.4%. House rents rose 6.7% over the same period, a solid increase, while unit rents climbed 10.5%, a strong increase. Unit rents grew faster than house rents, so rental income on units has been the stronger rental performer this year, while house values provided the largest capital increase of the available figures.

For someone weighing up Kawana as an investment, the numbers show strong capital growth for houses over the past year alongside faster rent growth for units; which of those matters more will depend on whether you prioritise capital gains or rental income.

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	$653K	N/A
Change in value Past 12 months	21.4%	N/A
Sold Past 3 months	22	1
Median days on market Past 12 months	12	N/A
Average rent Past 12 months	$560	$420
Change in rent Past 12 months	6.7%	10.5%

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