Question 1

Is Wonga Beach a nice place to live?

Accepted Answer

Wonga Beach is a small coastal community on the Coral Sea with a relaxed village atmosphere centred on a long sandy foreshore. Lowset Queensland homes, holiday cottages and some low-rise units sit in tropical gardens, with coastal hills and patches of rainforest nearby. Many residents favour an outdoor, beach-oriented lifestyle, with swimming, fishing and long walks along the shore common, and the Captain Cook Highway provides straightforward road links to Mossman and Port Douglas for schools, shopping and services.

The community of 1,042 people has a median age of 49 and a median total weekly income of $954. Owner-occupiers make up 76.9% of dwellings while 23.1% are rented, and 84.9% of families are couples with or without children. Local planning and resilience work is in place, including an adopted foreshore management plan, community resilience and flood engagement activities and a proposal for a raised pedestrian crossing outside Wonga Beach State School.

Question 2

Is it expensive to live in Wonga Beach?

Accepted Answer

Renting a house in Wonga Beach runs to $513 a week, which is about 54% of a typical local household's weekly income of $954 as recorded at the last Census. On these figures, that is a large share of a typical local household's income, so the rent share is the key number to consider if you are looking at renting in Wonga Beach.

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 Wonga Beach a good place to invest?

Accepted Answer

House values in Wonga Beach rose 5.7% over the past 12 months, a solid increase in what houses are worth. Over the same period house rents increased 2.6%, a modest gain in rental income, so capital growth outpaced rental growth on the house side this year. If rental income is your priority, the rent figure is the one to watch; if you are focused on capital growth, the change in values is the key number. Whether that balance 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	5.7%	N/A
Sold Past 3 months	6	N/A
Median days on market Past 12 months	67	N/A
Average rent Past 12 months	$513	N/A
Change in rent Past 12 months	2.6%	N/A

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