Question 1

Is Lake Conjola a nice place to live?

Accepted Answer

Lake Conjola is a relaxed coastal village centred on a tidal lake with calm waters, sandy foreshores and coastal bushland. Life there revolves around boating, fishing, kayaking and long beach walks, and a small village centre provides basic shops and services. The streets mix modest holiday cottages and older weatherboard homes with a scattering of newer waterfront houses, and the area appeals to holidaymakers, families and retirees who want a quieter seaside lifestyle within reach of larger Shoalhaven towns.

It is a very small community of 687 people with a median age of 66, a typical household income of $869 a week (about $45,200 a year) and a household profile weighted towards couple families without children (80.6%). Homes are overwhelmingly owner-occupied (91.8%). Council-led works in recent years have included upgrades to local facilities, a new bridge and pathway, a regional boat ramp and a playground upgrade, and council has adopted coastal and entrance management measures for the lake. Whether Lake Conjola suits you comes down to whether that quieter, water-based lifestyle fits your needs.

Question 2

Is it expensive to live in Lake Conjola?

Accepted Answer

House rents in Lake Conjola 2539 average $520 a week. Against a typical local household income of $869 a week at the last Census, that rent would take about 60% of a household's weekly income, which is a large share. For renters, that rent share is the clearest way to see how housing costs sit against local incomes; whether that feels expensive depends 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 Lake Conjola a good place to invest?

Accepted Answer

House values in Lake Conjola climbed 10.6% over the past 12 months, a strong rise in what a house here is worth. If you're weighing Lake Conjola as an investment, that value change is the capital growth figure to focus on. Whether it suits your objectives depends on your personal goals and circumstances.

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	10.6%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	99	N/A
Average rent Past 12 months	$520	N/A
Change in rent Past 12 months	N/A	N/A

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