Question 1

Is Silkwood a nice place to live?

Accepted Answer

Silkwood is a small farming locality on the coastal plain between Innisfail and Tully along the Bruce Highway. Set in sugarcane country with pockets of Wet Tropics rainforest, it has a village character with basic shops, community facilities and sporting clubs. Housing ranges from modest low-set Queenslanders and timber cottages to rural residential blocks, and the lifestyle is relaxed and outdoors centred, suited to people involved in agriculture or those wanting a quieter country base with road links to larger coastal centres.

With 407 residents and a median age of 44, Silkwood is a settled, owner-occupied community, with about 80.4% of homes owner-occupied, and families are well represented, particularly couple families without children. Silkwood State School serves local primary education, and there are no significant new public infrastructure or civic-amenity projects at present. Whether Silkwood suits you comes down to whether a small rural town with easy road access to larger coastal centres fits your needs.

Question 2

Is it expensive to live in Silkwood?

Accepted Answer

Silkwood hasn't had enough recent sales or rentals to publish reliable house or unit prices or average rents. Without those figures, it's not possible to say how expensive living in Silkwood is compared with local household incomes recorded at the last Census.

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 Silkwood a good place to invest?

Accepted Answer

House values in Silkwood rose 13.6% over the past 12 months, a strong increase in what houses are worth. If capital growth is your priority, that house-value change is the figure to watch.

There isn't enough recent data here to describe movement in unit values or rents, so the available figures speak only to houses. Whether that house growth makes Silkwood the right investment for you depends on your objectives and your 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	N/A	N/A
Change in value Past 12 months	13.6%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	38	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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