Question 1

Is Poona a nice place to live?

Accepted Answer

Poona faces the Great Sandy Strait and features mangrove-lined creeks and tidal wetlands, with regular opportunities for boating, fishing and birdwatching.

It is an older community with many couples without children at home and a high rate of outright home ownership, with 76.4% of homes owned outright. Commercial services in Poona are limited, so residents rely on nearby Hervey Bay for broader shopping, schools and medical needs, while local roads provide the main links to the region. The Owen Cox Street boat ramp received a state-funded upgrade that widened the ramp, added a support lane and a floating walkway and dredged the approach for near all-tide access, and walking tracks at Poona Reserve are accessed from the Outridge Avenue car park.

Question 2

Is it expensive to live in Poona?

Accepted Answer

Poona hasn't had enough recent sales or rentals to put reliable figures on house and unit prices or on rents. With only the median household income of $775 a week recorded at the last Census, there isn't a clear picture of how expensive it is to live in Poona 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 Poona a good place to invest?

Accepted Answer

House values in Poona climbed 17.1% over the last 12 months, a strong rise. That movement is a measure of capital growth for houses in Poona.

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	17.1%	N/A
Sold Past 3 months	6	N/A
Median days on market Past 12 months	58	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	QLD
Median age years	66	38
Median household income weekly	$775	$1,675
Couples with children share of families	4.7%	41.2%
Couples without children share of families	88.0%	40.3%
One-parent families share of families	7.3%	16.8%
Homes owned outright share of homes	76.4%	30.1%
Homes with a mortgage share of homes	12.8%	35.6%
Homes rented share of homes	10.9%	34.3%

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