Question 1

Is Paluma a nice place to live?

Accepted Answer

Paluma is a small mountain village set in rainforest beside Paluma Range National Park. Its built character is modest, with timber cottages, holiday cabins and rural residential blocks on tree-lined roads, and the local lifestyle is strongly outdoors oriented thanks to creek-side swimming holes, waterfalls and walking tracks that attract bushwalkers and weekend visitors. The community is very small and seasonal, with 87 residents and a median age of 58, made up of long-term locals, retirees and people with holiday homes.

Homes are largely owner-occupied, and day-to-day life leans on nearby Townsville for major shopping and services. Local amenities include Lake Paluma, a Townsville City Council managed camping and recreation area that operates by booking, and the Paluma Environmental Education Centre, while the national park provides walking tracks and visitor facilities. Mount Spec Road is under repair after heavy rainfall and access is being managed with pilot vehicles during set hours while reconstruction continues, which is something to bear in mind for regular travel.

Question 2

Is it expensive to live in Paluma?

Accepted Answer

Paluma hasn't had enough recent sales or rentals to publish reliable house or unit price and rent figures. Without those current price and rent numbers, there isn't a clear way to say how housing costs compare with what local households earned at the most recent Census.

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 Paluma a good place to invest?

Accepted Answer

Paluma hasn't had enough recent sales to publish reliable figures on how house or unit prices and rents have changed over the past 12 months. That means there isn't a clear picture of how Paluma has performed as an investment this year.

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	2	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

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