Question 1

Is Wondunna a nice place to live?

Accepted Answer

Wondunna is a residential suburb of Hervey Bay on the Fraser Coast, set on the coastal plain just inland from the foreshore. It consists mainly of low-set, single-storey homes on established, tree-lined streets and appeals to families and retirees seeking quiet neighbourhood living with ready access to beachside recreation. Local parks, shops and community facilities provide everyday convenience, while the Esplanade, boat ramps and cafes are within easy reach and there are practical links to Hervey Bay's shopping and health precincts.

About 3,315 people live in Wondunna and the median age is 40. Households are dominated by couple families and roughly five in six homes are owner-occupied. The local plan area includes Fraser Coast Anglican College and an approved 8.08-hectare mixed-use precinct permitting uses such as a childcare centre, health services, shops and multiple dwellings, and Fraser Coast Regional Council is delivering local works including a new footpath on Gilston Road. Those features point to a suburb that suits people after a relaxed coastal lifestyle with everyday amenities close by; whether it suits you depends on what you want from a neighbourhood.

Question 2

Is it expensive to live in Wondunna?

Accepted Answer

Buying a house in Wondunna works out to about 9.2 times a typical local household's annual income at the last Census, which places buying well above what households earned then. Renting a house at $660 a week would take about 35.2% of a typical local household's weekly income at the last Census, a sizeable share.

If you're renting rather than buying, that rent share is the figure that matters most to you; whether these numbers feel expensive will depend on your own income and circumstances.

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 Wondunna a good place to invest?

Accepted Answer

House values in Wondunna climbed 17.3% over the past 12 months, a strong rise in the capital value of houses. Over the same period house rents increased 10.0%, also a strong rise, so price growth outpaced income growth on the house side this year.

If you care most about capital growth, the value movement is the more relevant number; if rental income is your priority, the rent change is the one to watch. Whether that balance fits your plans depends on your own goals and 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	$901K	N/A
Change in value Past 12 months	17.3%	N/A
Sold Past 3 months	14	N/A
Median days on market Past 12 months	42	N/A
Average rent Past 12 months	$660	N/A
Change in rent Past 12 months	10.0%	N/A

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