Question 1

Is Kurwongbah a nice place to live?

Accepted Answer

Kurwongbah is a semi-rural suburb centred on Lake Kurwongbah and surrounding bushland, with low-density rural-residential blocks, acreage properties and stands of eucalypt. The lake and reserve are the local focus for fishing, small-craft boating and bush walks, and the area suits hobby farms and horse riding. Everyday shops, schools and rail are in nearby Petrie and Strathpine, so residents have access to suburban conveniences while living in a country retreat. About 1,552 people live in Kurwongbah; the median age is 42 and the typical household income is $2,254 a week. Families are dominated by couples (86.8% of families) and most homes are owner-occupied (87.5%). Public works around the lake include a dam upgrade, park and wildlife-movement works and road improvements, and the Department of Education lists investments at Kurwongbah State School. Whether it suits you depends on how much you value space, outdoor activity and access to nearby services.

Question 2

Is it expensive to live in Kurwongbah?

Accepted Answer

There haven't been enough recent sales or rentals in Kurwongbah to publish reliable median house or unit prices or average rents, so it's not possible to describe how housing costs compare with the local household income recorded at the most recent Census.

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 Kurwongbah a good place to invest?

Accepted Answer

House values in Kurwongbah rose 22.0% over the past 12 months, a strong increase in what houses are worth. That movement is the capital growth figure investors look at, so if capital growth is your priority this is the number to consider. Whether that fits your objectives and circumstances is something only you can judge.

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	22.0%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	19	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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