Question 1

Is Torbanlea a nice place to live?

Accepted Answer

Torbanlea is a small rural township in the Fraser Coast hinterland, inland from Hervey Bay and close to Maryborough. It has a country atmosphere of farmland, paddocks and pockets of native bush, with housing ranging from modest timber cottages and weatherboard homes to hobby farms and rural-residential blocks. The town has a compact centre and a quiet, community-oriented rhythm that suits people after acreage or a slower pace while keeping access to regional centres for shopping, schools and services.

The community numbers 841 people with a median age of 45 and a typical household income of $1,125 a week. Couples make up 73.1% of families and most homes are owner-occupied (a combined 82.1%), with 17.9% rented. Torbanlea is also home to a purpose-built train manufacturing facility that has begun manufacturing activity and includes local supplier opportunities and engagement with the Butchulla people, and nearby road upgrades on Torbanlea Pialba Road have been completed. Whether Torbanlea suits you depends on whether you want a rural, settled base with ready links to nearby regional centres.

Question 2

Is it expensive to live in Torbanlea?

Accepted Answer

Torbanlea hasn't had enough recent sales or rentals to publish reliable house or unit prices or average rents. With only the local household income figure from the most recent Census available, it's not possible to say how expensive it is to live in Torbanlea 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 Torbanlea a good place to invest?

Accepted Answer

A strong move on the house side: Torbanlea's median house value rose 35.5% over the past 12 months. That percentage is the change in what houses are worth over the year, so if capital growth is your primary concern this is the figure to weigh. Whether that outcome fits your goals and circumstances is for you to decide.

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	35.5%	N/A
Sold Past 3 months	8	N/A
Median days on market Past 12 months	35	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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