Question 1

Is Midge Point a nice place to live?

Accepted Answer

Midge Point is a small coastal village on the Coral Sea, noted for its mangrove-lined shoreline, waters used for fishing, crabbing and boating, and a simple foreshore for walking and watching sunsets.

The community is older and made up largely of couples without children at home, with a median age of 57 and many households owned outright. Local services in Midge Point are modest and nearby regional centres provide broader shopping, schools and health care; the Bloomsbury water pipeline, sourcing treated water from Midge Point to Bloomsbury, is reported as nearing completion.

Question 2

Is it expensive to live in Midge Point?

Accepted Answer

A typical household in Midge Point earned about $1,079 a week at the most recent Census. There haven't been enough recent sales or rentals in Midge Point to publish reliable price and rent figures for houses or units, so it's not possible to say how expensive it is to live there 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 Midge Point a good place to invest?

Accepted Answer

Midge Point hasn't had enough recent sales to put reliable figures on how its house or unit prices and rents have moved, which is common in smaller or quieter markets. Without that, there isn't a clear picture of how it has performed as an investment.

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	N/A	N/A
Sold Past 3 months	3	N/A
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	QLD
Median age years	57	38
Median household income weekly	$1,079	$1,675
Couples with children share of families	27.0%	41.2%
Couples without children share of families	62.7%	40.3%
One-parent families share of families	10.3%	16.8%
Homes owned outright share of homes	55.3%	30.1%
Homes with a mortgage share of homes	32.3%	35.6%
Homes rented share of homes	12.4%	34.3%

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