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Pomona suburb profile

Pomona is a charming rural town located in the Noosa hinterland of Queensland, approximately 135km north of Brisbane. Known for its picturesque landscapes and relaxed lifestyle, Pomona is nestled at the foot of Mount Cooroora, offering outdoor enthusiasts opportunities for hiking and exploring nature. The town is rich in history, featuring heritage-listed sites and the iconic Majestic Theatre, the world's longest-running silent movie cinema. With a strong sense of community, Pomona hosts regular markets and festivals, attracting visitors and residents who appreciate its blend of natural beauty and cultural vibrancy.

Pomona property market performance

Pomona's property market has experienced modest growth over the past 12 months. House values have increased by 3.6%, bringing the median house price to approximately $1.07 million. In contrast, unit values have remained stable, with the median unit price holding at $200,000, indicating a steady demand for units in the area.

Sales activity has been limited, with 16 houses and just 1 unit sold in the past 12 months. Houses are taking longer to sell, with a median of 63 days on the market, while the single unit sold quickly, reflecting a median of just 10 days, suggesting a quicker turnover for units.

The rental market in Pomona has seen minimal changes over the last 12 months. House rents have increased slightly by 1.6%, with an average rent of $650, while unit rents have remained unchanged at $418, indicating stable rental demand.

Median price - houses$1.10MPast 3 months

Median price - units$200KPast 3 months

Change in value - houses7.3%12 months

Change in value - units-4.8%12 months

Houses sold17Past 3 months

Units sold1Past 3 months

Median DOM - houses64.5Past 12 months

Median DOM - units10Past 12 months

Average rent - houses$665Past 12 months

Average rent - units$418Past 12 months

Change in rent - houses2.3%Past 12 months

Change in rent - units-4.3%Past 12 months

Pomona demographics

Pomona, nestled in the picturesque Noosa hinterland of Queensland, offers a serene and community-focused lifestyle. With a population of 2,931, this charming suburb is known for its natural beauty and relaxed atmosphere, making it an ideal location for those seeking a peaceful retreat from the hustle and bustle of city life. The median age of 49 reflects a mature community, with many residents enjoying the tranquility and slower pace that Pomona provides.

The suburb's housing landscape is characterized by a high rate of home ownership, with 45.4% of properties owned outright and 41.4% owned with a mortgage. This stability is indicative of a community that values long-term residence and investment in their homes. The rental market is relatively small, with only 13.2% of properties being rented, which suggests a tight-knit community where residents are more likely to be homeowners.

Family life in Pomona is diverse, with 36.9% of families being couples with children and 47.9% being couples without children. The presence of one-parent families, making up 13.9% of the community, adds to the suburb's inclusive and supportive environment. Pomona's appeal lies in its blend of natural beauty, community spirit, and a lifestyle that balances family life with the tranquility of the hinterland, making it a desirable location for those looking to settle in a welcoming and picturesque setting.

Pomona infrastructure, key developments and investment opportunities

Pomona is experiencing several developments that could impact its property market. The town's historic Majestic Theatre, claimed to be the world's oldest continuously operating silent movie theatre, has been community-owned since 2006 and continues to be a unique cultural attraction. The nearby Yurol State Forest, now preserved as koala habitat, enhances the area's environmental appeal and could influence property values in surrounding areas.

Infrastructure improvements include the ongoing development of hiking, biking, and horse trails around Mount Cooroora, which could increase recreational opportunities and attract outdoor enthusiasts to the area. The town's proximity to Noosa (about 30 minutes drive) and its position within the UNESCO-recognized Noosa Biosphere Reserve add to its desirability. These factors, combined with Pomona's small-town charm and community spirit, are likely to sustain interest in the local property market.

Pomona rental market trends

The rental market in Pomona has remained relatively stable, with house rents experiencing a modest increase of 1.6% over the past year to $650 per week, while unit rents have held steady at $418 per week. This stability, combined with Pomona's charming rural setting and community atmosphere, makes it an attractive option for renters seeking a peaceful lifestyle.

Suburbs near Pomona

Some popular suburbs near Pomona include:

Common questions about Pomona

  • Is Pomona a nice place to live?

    Pomona is a delightful place to call home, offering a serene and community-focused lifestyle that is perfect for families and individuals seeking a peaceful retreat. Nestled in the picturesque Noosa hinterland, Pomona is known for its stunning natural beauty and relaxed atmosphere. The suburb is a haven for outdoor enthusiasts, with its proximity to Mount Cooroora providing ample opportunities for hiking and exploring the lush landscapes. The strong sense of community is evident in the regular markets and festivals that bring residents together, fostering a warm and welcoming environment.

    Families will find Pomona particularly appealing due to its safe and supportive atmosphere. The suburb offers a range of amenities, including local shops, cafes, and schools, ensuring that daily needs are easily met. While Pomona may not have the bustling nightlife of larger towns, its charm lies in its tranquil lifestyle and the opportunity to connect with nature. The nearby Yurol State Forest and the UNESCO-recognized Noosa Biosphere Reserve further enhance the area's appeal, providing beautiful green spaces for relaxation and recreation.

    Living in Pomona does come with some trade-offs. The rural setting means that while the suburb is peaceful, it may lack some of the conveniences and entertainment options found in more urban areas. However, the town's proximity to Noosa, just a 30-minute drive away, offers access to a wider range of amenities and attractions. Ultimately, Pomona is a wonderful place to live for those who value a close-knit community, natural beauty, and a slower pace of life, making it an ideal choice for families and those looking to escape the hustle and bustle of city living.

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  • Is it expensive to live in Pomona?

    Living in Pomona can be seen as moderately expensive, especially when considering the local property market. The current median house price is around $1,067,500, which is quite high compared to many other areas in Queensland. For those looking to rent, the average rent for houses is $650 per week, while units are more affordable at $418 per week. These figures suggest that housing costs in Pomona are significant, particularly for those interested in purchasing a home.

    When we look at the income side of things, the average wage in Pomona is approximately $63,000 per year, which translates to a weekly household income of about $1,384. This income level is relatively modest when compared to the cost of housing, indicating that a substantial portion of one's earnings would need to be allocated towards housing expenses. This makes living in Pomona potentially challenging for individuals or families earning around the average wage.

    Overall, while Pomona offers a charming lifestyle with its scenic surroundings and community feel, the cost of living, particularly in terms of housing, is on the higher side. If you are thinking of living in Pomona, it's important to carefully evaluate your financial situation to ensure it aligns with the housing costs in this picturesque suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Pomona a good place to invest?

    Pomona presents a stable investment opportunity with its modest growth in property values over the past year. The suburb has seen a 3.6% increase in median house values, which, while not explosive, indicates a steady upward trend. This kind of growth can be appealing for investors looking for a more predictable and less volatile market. The rental market has also shown some positive movement, with house rents increasing by 1.6%, suggesting a steady demand for rental properties.

    While unit values and rents have remained unchanged, this stability can be seen as a positive for investors seeking consistency. Pomona's charm lies in its community feel and scenic surroundings, which continue to attract families and long-term residents. This makes it a reliable choice for those interested in long-term investment, as the suburb's appeal is likely to sustain demand over time.

    Overall, Pomona offers a balanced investment landscape with its steady property value growth and rental demand. It's a solid choice for investors who prefer a low-risk, gradual appreciation in property value, coupled with the potential for reliable rental income.

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