Question 1

Is Koumala a nice place to live?

Accepted Answer

Koumala sits on the coastal plain with the Bruce Highway and the North Coast railway corridor nearby, and a compact town centre surrounded by sugarcane and grazing country.

The community is older, with many households owning their homes outright (46.3%) and couples without children the largest family group, and everyday services include a small centre of basic shops and community facilities while nearby waterways and beaches are within reach for fishing and boating. The town’s Koumala Water Treatment Plant was commissioned and includes a water softening unit.

Question 2

Is it expensive to live in Koumala?

Accepted Answer

Koumala's typical local household earned about $1,833 a week at the most recent Census, but there haven't been enough recent property sales or rentals to publish reliable house or unit price and rent figures for the suburb. Without current price or rent data, it isn't possible to describe how expensive Koumala is 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 Koumala a good place to invest?

Accepted Answer

Koumala hasn't had enough recent property sales to put reliable figures on how house or unit values and rents have moved. Without that information, there isn't a clear picture of how Koumala 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	45	38
Median household income weekly	$1,833	$1,675
Couples with children share of families	39.8%	41.2%
Couples without children share of families	51.5%	40.3%
One-parent families share of families	8.7%	16.8%
Homes owned outright share of homes	46.3%	30.1%
Homes with a mortgage share of homes	39.3%	35.6%
Homes rented share of homes	14.4%	34.3%

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