Question 1

Is Riordanvale a nice place to live?

Accepted Answer

Riordanvale is a quiet rural locality in the Whitsunday Region, with acreage lots and small farms set among low rolling hills behind the Whitsunday coast.

The community is older and weighted towards couples without children at home, with couples without children making up 55.4% of families. Day-to-day needs and transport links are found in nearby towns, and outdoor recreation and access to coastal attractions shape weekend life. The Whitsunday Regional Council planning scheme records a planned upgrade of 1,650m of Riordanvale Road to sub-arterial standard.

Question 2

Is it expensive to live in Riordanvale?

Accepted Answer

A typical household in Riordanvale earned about $1,968 a week at the most recent Census. There haven't been enough recent sales or rentals in Riordanvale to publish reliable house or unit price and rent figures, so it isn't possible to say how expensive it is to live here 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 Riordanvale a good place to invest?

Accepted Answer

Riordanvale hasn't had enough recent sales to put reliable figures on how its house and unit prices or rents have moved. Without that, there isn't a clear picture of how it has performed as an investment.

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	3	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

	Suburb	QLD
Median age years	43	38
Median household income weekly	$1,968	$1,675
Couples with children share of families	39.6%	41.2%
Couples without children share of families	55.4%	40.3%
One-parent families share of families	5.0%	16.8%
Homes owned outright share of homes	34.0%	30.1%
Homes with a mortgage share of homes	55.7%	35.6%
Homes rented share of homes	10.4%	34.3%

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