Question 1

Is Oonoonba a nice place to live?

Accepted Answer

Oonoonba sits on the Ross River fringe of Townsville and is a quiet, largely residential suburb close to the city. Streets are dominated by lowset timber and brick homes on established blocks, with pockets of newer infill alongside older cottages. Riverfront parkland and walking paths give the area a green character, and a nearby rail corridor plus major road links make commuting straightforward. Local shopping and community facilities are modest, so residents typically combine Oonoonba's calm streets with services and retail in neighbouring suburbs.

Home to 2,050 people with a median age of 31, the suburb’s community leans towards couple families without children (49.1%) and has a higher share of renters (52.6%) than owners. The Oonoonba Priority Development Area is progressing under EDQ’s riverside masterplan, The Village, which includes a partnership to deliver 47 affordable homes and about 104 market lots and enabling works such as a bike path, additional parkland and upgraded infrastructure. Stuart Drive upgrades and the duplication of the Bowen Road Bridge have increased river crossing capacity, and Oonoonba railway station serves the suburb though it currently has no station infrastructure. Whether that suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Oonoonba?

Accepted Answer

In Oonoonba, renting looks different for houses and units. A house rent of $550 a week would take about 36.4% of a typical local household's weekly income as recorded at the last Census, while a unit at $400 a week would take about 26.5% of that income. On these figures, renting a house would take a sizeable share of local household income and renting a unit would take a moderate share.

If you're renting rather than buying, those rent shares are the figures that matter when judging how costly it feels for you.

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 Oonoonba a good place to invest?

Accepted Answer

If you're weighing up Oonoonba as an investment, the clearest movements over the past 12 months have been on rents. House rents rose 11.1% and unit rents rose 12.7%, both strong increases, with unit rents increasing slightly faster than house rents — figures that matter most if rental income is your priority.

House values rose 6.9% over the year, a solid gain, so on the house side rents have outpaced price growth in the past 12 months. Which of those outcomes matters more to you — rental income or capital growth — is something only you can decide, based on your goals 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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	6.9%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	11	N/A
Average rent Past 12 months	$550	$400
Change in rent Past 12 months	11.1%	12.7%

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