Question 1

Is Pialba a nice place to live?

Accepted Answer

Pialba is Hervey Bay’s coastal town centre, centred on a sheltered esplanade and beach and a compact waterfront precinct. Along the foreshore there are low-rise apartments and holiday accommodation, while inland streets have older weatherboard and brick houses. A main shopping strip of cafes, retailers and community services sits close to coastal walking paths, fishing spots and whale watching season, and residents use straightforward road and bus links to neighbouring suburbs and the marina at Urangan.

The community is about 4,151 people with a median age of 50 and a typical household income of $932 a week. Household types are mixed, with many couple-only households alongside families with children and one-parent families, and homes are mostly owner-occupied (57.1%) though renting is common (42.9%). Recent and planned civic work includes a community hub with the library and council services, caravan park and foreshore upgrades, hospital expansion and school improvements, which shape everyday convenience. Whether this suits you depends on what you want from a coastal town centre.

Question 2

Is it expensive to live in Pialba?

Accepted Answer

Buying in Pialba sits well above what local households earned at the last Census. A median house price of $785,000 is about 16.2 times a typical local annual household income at the last Census, which is a high multiple.

Renting also takes a large share of local incomes: the average house rent of $640 a week is about 68.6% of a typical local household's weekly income at the last Census, and the average unit rent of $490 a week is about 52.6%. On these figures both renting and buying sit well above what local households earned at the last Census, with buying the more extreme of the two.

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 Pialba a good place to invest?

Accepted Answer

Over the past 12 months in Pialba, both house and unit values rose: unit values increased 6.5% and house values rose 5.5%, a solid lift for both with units up a little more. Rents moved in different directions — house rents climbed 6.7% (a solid rise) while unit rents fell 3.9% (a moderate decline).

If your priority is capital growth, the figures show units had marginally stronger price growth this year. If rental income matters more, houses were the stronger performer because their rents rose while unit rents fell. Whether that pattern makes Pialba a suitable investment depends on your own 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	$785K	N/A
Change in value Past 12 months	5.5%	6.5%
Sold Past 3 months	23	8
Median days on market Past 12 months	22	19
Average rent Past 12 months	$640	$490
Change in rent Past 12 months	6.7%	-3.9%

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