Question 1

Is Pechey a nice place to live?

Accepted Answer

Pechey is a very small rural locality on the Darling Downs, with rolling farmland, grazing country and patches of native eucalypt bush. With a population of 98 and a median age of 50, life there is centred on working farms and larger lifestyle blocks, and the housing mix of older timber homesteads and more modern rural homes attracts farming families and people seeking a quiet country way of life. The community is weighted towards couple families and most homes are owner-occupied, which gives the area a settled, rural character.

Local services are limited, so residents rely on nearby towns such as Crows Nest and Toowoomba for schools, shops and health care. Pechey is also the focus of the Perseverance raw water main renewal, a Toowoomba Regional Council project to replace and upsize the trunk pipeline from the Pechey reservoirs to the Mt Kynoch Water Treatment Plant to increase capacity and improve water-supply reliability, with further works receiving ongoing funding. Whether Pechey suits you will come down to whether you want a small, settled rural community that depends on nearby towns for everyday services.

Question 2

Is it expensive to live in Pechey?

Accepted Answer

Pechey has a recorded median household income of $1,541 a week at the last Census, but there haven't been enough recent sales or rentals in the suburb to publish reliable current price or rent figures. Without current house or unit prices or rents, it's not possible to say how expensive it is to live in Pechey 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 Pechey a good place to invest?

Accepted Answer

There haven't been enough recent sales in Pechey to publish reliable 12-month figures for how house and unit values and rents have changed. That means the available statistics don't give a clear picture of how Pechey has performed as an investment over the past 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.

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