Question 1

Is Mallacoota a nice place to live?

Accepted Answer

Mallacoota is a remote village beside Mallacoota Inlet, backed by Croajingolong National Park, with a compact main street and a small harbour.

The population is older, with a median age of 59, and many households own their homes outright while couples without children are common. Everyday amenity is small scale: there are essential shops, boat ramps, a regional airstrip and ready access to bushwalking, fishing and boating along the coastline and estuaries. The Mallacoota-Genoa Road upgrade is planned.

Question 2

Is it expensive to live in Mallacoota?

Accepted Answer

At the most recent Census, a typical Mallacoota household earned about $1,031 a week. There haven't been enough recent sales or rentals to publish reliable price and rent figures for Mallacoota, so it isn't possible to say how expensive it is to live here 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 Mallacoota a good place to invest?

Accepted Answer

An 11.3% rise in Mallacoota house values over the twelve months to date is the main movement shown here. For houses, that change represents capital growth, and there isn't enough recent data to describe how units or rents moved.

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	11.3%	N/A
Sold Past 3 months	2	1
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	VIC
Median age years	59	38
Median household income weekly	$1,031	$1,759
Couples with children share of families	27.8%	45.5%
Couples without children share of families	60.9%	37.6%
One-parent families share of families	11.4%	15.2%
Homes owned outright share of homes	62.8%	33.2%
Homes with a mortgage share of homes	20.2%	37.3%
Homes rented share of homes	17.0%	29.5%

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