Question 1

Is Wieambilla a nice place to live?

Accepted Answer

Wieambilla is a sparsely settled rural locality in Queensland's Western Downs, dominated by broadacre grazing and large agricultural holdings. The landscape is open paddocks, farm homesteads and scattered eucalypt remnants, and daily life centres on primary production and land management. There are no town centres inside the locality, so residents rely on nearby towns for shops, schools and services, and travel is by rural roads rather than public transport. It suits people seeking working acreage, a quiet, remote country lifestyle and practical, self-reliant living away from the distractions of urban areas.

The community is very small, with 78 residents and a median age of 46. Families are largely couples without children (50.0%), about one in three are couple families with children (33.3%) and 16.7% are one-parent families. Homes are mainly owner-occupied — 58.6% owned outright and 10.3% with a mortgage, giving about 68.9% owner-occupation compared with 31.0% rented, and counts of 17 owned outright, 3 with a mortgage and 9 rented. Median household weekly income is $1,187, roughly $61,700 a year. There are no significant new infrastructure or development projects at present.

Question 2

Is it expensive to live in Wieambilla?

Accepted Answer

In Wieambilla there haven't been enough recent sales or rentals to publish reliable median house or unit prices or typical rents, so there isn't a clear picture of how expensive it is to live there compared with local incomes at the last Census. With only the local household income recorded at the last Census available, it's not possible to assess housing costs against what people there were earning.

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 Wieambilla a good place to invest?

Accepted Answer

Wieambilla hasn't had enough recent sales to put reliable figures on how property prices or rents have moved over the past year. Without that information, there isn't a clear picture of how the suburb has performed as an investment lately.

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.

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