Question 1

Is Woodwark a nice place to live?

Accepted Answer

Woodwark is a quiet rural coastal locality in the Whitsunday Region that feels more country than town. Low-density residential lots, small farms and stretches of undeveloped shoreline and coastal wetlands give it a spacious, natural character. Residents tend to favour an outdoors lifestyle centred on fishing, boating and bush recreation, while relying on nearby Whitsunday townships for shops, services and schools. Housing is mostly single-storey homes and acreage properties set among open paddocks and coastal vegetation, and the area has a generally unurbanised, low-traffic atmosphere.

It is a small community of 559 people with a median age of 44 and a median household income of $2,031 a week. Households are overwhelmingly couple families, and most homes are owner-occupied (87.4% versus 12.6% renters), so the suburb reads as an owner-occupied, family-weighted coastal locality. Whether Woodwark suits you comes down to whether you want space and an outdoors-focused lifestyle while using nearby towns for everyday services.

Question 2

Is it expensive to live in Woodwark?

Accepted Answer

House rents in Woodwark run to $950 a week. On these figures, and against a typical local household income of $2,031 a week as recorded at the last Census, that rent would take about 46.8% of a household's weekly income, a large share. If you're renting, that rent share is the most relevant measure for judging how expensive it feels; whether it feels expensive depends on your own 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 Woodwark a good place to invest?

Accepted Answer

House rents in Woodwark jumped 26.7% over the past 12 months, a strong rise, while median house values increased by 2.1% over the same period, a modest lift. The figures point to a clear difference between rental income and capital growth for houses this year.

For someone weighing Woodwark as an investment, the rent change is the number that matters if rental income is your priority, while the value change reflects the capital growth side. Which of those matters more will depend 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	N/A	N/A
Change in value Past 12 months	2.1%	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	24	N/A
Average rent Past 12 months	$950	N/A
Change in rent Past 12 months	26.7%	N/A

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