Question 1

Is Marian a nice place to live?

Accepted Answer

Marian sits in the Pioneer Valley by the Pioneer River, surrounded by sugar cane and hinterland hills, with a main street serving the farming community.

The community is young, with many households buying their homes and incomes above the Queensland median, and couples with children make up 55.2% of families. Everyday life centres on sporting clubs, markets and local facilities, there is access to the river and country roads, and the suburb contains Marian State School, a government primary school.

Question 2

Is it expensive to live in Marian?

Accepted Answer

A typical local household earned about $2,392 a week at the last Census. Buying a house in Marian at a median price of $700,000 works out to about 5.6 times a typical local annual household income, which places buying somewhat above local incomes on these figures. House rents of about $740 a week would take roughly 31% of that weekly income, a sizeable share, so if you're renting rather than buying that rent share is the number that matters most for comparing costs to your own situation.

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 Marian a good place to invest?

Accepted Answer

In Marian, house values rose 19.3% over the past 12 months, while house rents increased 16.5%.

For houses, that means capital growth was slightly larger than the rise in rental income, though both moves were strong.

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	$700K	N/A
Change in value Past 12 months	19.3%	N/A
Sold Past 3 months	15	N/A
Median days on market Past 12 months	20	N/A
Average rent Past 12 months	$740	N/A
Change in rent Past 12 months	16.5%	N/A

	Suburb	QLD
Median age years	32	38
Median household income weekly	$2,392	$1,675
Couples with children share of families	55.2%	41.2%
Couples without children share of families	33.9%	40.3%
One-parent families share of families	10.3%	16.8%
Homes owned outright share of homes	22.2%	30.1%
Homes with a mortgage share of homes	59.4%	35.6%
Homes rented share of homes	18.4%	34.3%

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