Question 1

Is Mirador a nice place to live?

Accepted Answer

Mirador is a quiet residential pocket with a coastal-hinterland feel. It is made up mainly of detached homes on garden-sized blocks, with some larger lots at the edges, and pockets of bushland and open views that give a sense of space. The community of 519 people has a median age of 52 and attracts a mix of families and retirees who favour a slower pace and outdoor living. High owner-occupation—55.7% owned outright and 40.8% owned with a mortgage—means most homes are long-term holdings rather than rentals.

Local roads link Mirador to nearby Tura Beach and Merimbula for shopping, schools and services, and the locality sits close to Merimbula Regional Airport, which has had terminal and runway upgrades and has further works planned. Council-managed public reserve acquisitions are tied to the Mirador estate staging. That combination makes Mirador suit people after a quieter, outdoor-oriented lifestyle with ready access to coast and regional amenities; whether it fits you depends on what you’re looking for.

Question 2

Is it expensive to live in Mirador?

Accepted Answer

There haven't been enough recent property sales or rentals in Mirador to publish reliable house or unit prices and rents. Because of that, and with only the suburb's median household income recorded at the last Census available, it's not possible to describe how expensive it is to live in Mirador 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 Mirador a good place to invest?

Accepted Answer

For someone considering Mirador as an investment, the available figures show house values edged up 1.8% over the past 12 months. That is a slight rise, so in simple terms it represents marginal capital growth across the year for houses.

Whether that level of movement fits your investing goals depends on what you want from a property and your personal 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	1.8%	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	92	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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