Get a property report and suburb profile for any property in Maryborough

Maryborough is a historic riverside regional centre on the Mary River, with strong 19th-century character and well-preserved colonial and timber buildings. Tree-lined streets and a compact civic and retail precinct sit beside riverfront parkland, and the suburb is known as the birthplace of Mary Poppins author P.L. Travers. Housing ranges from weatherboard cottages and Victorian houses to later suburban homes, attracting families, retirees and people who value heritage and a relaxed regional pace. The population is 15,287 and the median age is 49; households have a median total income of $926 a week and more homes are owner-occupied than rented.

Local life centres on river boating, community events and cultural attractions, and road and rail links on the Bruce Highway connect Maryborough to nearby coastal centres. Council has adopted plans to bring administration back into City Hall and to deliver a major library upgrade, and has committed $10 million to the City Hall works; there are also planned highway upgrades in the wider corridor. Completed civic projects include a CBD revitalisation and a Portside Cultural Precinct. Whether Maryborough suits you will depend on whether you prefer a heritage riverside town with local amenities and regional connections.

A median house price of $609,000 in Maryborough works out to about 12.6 times a typical local household's annual income at the last Census, putting buying well above what people locally earned at that time. For renters, the average house rent of $535 a week would take about 57.8% of a typical local household's weekly income at the last Census, while the average unit rent of $380 a week would take about 41.1% — both are a large share of that weekly income. If you are renting rather than buying, the rent share is the figure that matters most to you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months Maryborough recorded strong rises in property values and solid gains in rents. Unit median values climbed 34.2% while house median values rose 20.0%. On the rental side, unit rents increased 11.8% and house rents increased 9.2%.

If capital growth is your focus, the value figures are the most relevant here: units were the stronger performer on price, and unit rents also rose faster than house rents. If rental income is your priority, the rent figures are the ones to watch. Whether that pattern suits your goals depends on your objectives 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.