Question 1

Is Lilli Pilli a nice place to live?

Accepted Answer

Lilli Pilli is a relaxed coastal village set around a sheltered beach and pockets of native bush, which gives the suburb a leafy, seaside feel. Housing ranges from older fibro cottages to contemporary beach houses, many on sloping blocks with ocean glimpses, and recreation centres on swimming, fishing and kayaking. Everyday shops and services are found in nearby Batemans Bay and the Princes Highway provides the main road link. The area draws families, retirees, sea-changers and holiday homeowners who value an outdoors-oriented lifestyle, and its overall character is quiet, informal and strongly tied to the coast.

With a small community of 647 and a median age of 59, most homes are owner-occupied (58.4% owned outright and 30.2% with a mortgage, while renters make up 11.4%), which contributes to an established residential feel. Local works have included road improvements on George Bass Drive, the redeveloped Malua Bay Beach Reserve that serves Lilli Pilli, and a replaced public toilet in the suburb. Whether Lilli Pilli suits you will come down to how much you value coastal recreation and a small, settled community.

Question 2

Is it expensive to live in Lilli Pilli?

Accepted Answer

A house renting for $663 a week in Lilli Pilli would take about 49% of a typical local household's weekly income as recorded at the most recent Census, which is a large share of income. If you're looking at renting rather than buying, that rent share is the most relevant figure when judging how expensive the suburb feels.

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 Lilli Pilli a good place to invest?

Accepted Answer

Over the past 12 months in Lilli Pilli, median house values fell 23.6%, a large decline, while house rents rose 2.0%, a modest increase. These two figures show what happened to capital value and to rental income for houses over the year.

For someone weighing Lilli Pilli up as an investment, the data therefore points to a sharp drop in capital value over the year alongside only modest growth in rental income; which of those outcomes matters more will depend on your own 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	-23.6%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	91	N/A
Average rent Past 12 months	$663	N/A
Change in rent Past 12 months	2.0%	N/A

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