Question 1

Is Woolmar a nice place to live?

Accepted Answer

Woolmar is a quiet rural locality in the hinterland, with rolling paddocks, eucalypt bush and low-density country roads. Housing is largely acreage and hobby-farm style, with timber cottages, newer brick homes and lifestyle blocks, so it attracts people seeking space and a slower pace of life. The community is small — 565 people with a median age of 38 — and is weighted towards families, while homes are predominantly owner-occupied (a combined owner-occupier share of 76.2%).

Local services are limited, so residents rely on nearby town centres for schools, shopping and health care. Within Woolmar the council-owned Kilcoy Showgrounds and Racecourse, the Trackside Pavilion temporary venue, Hedley Park and the Kilcoy General Cemetery provide local public amenities, and a recent council planning change now applies to the area. Whether Woolmar suits you comes down to whether you want rural space and a slower pace with basic local facilities nearby.

Question 2

Is it expensive to live in Woolmar?

Accepted Answer

A typical local household in Woolmar earned $1,482 a week at the last Census. A house renting for $650 a week would take about 43.9% of that weekly income, which is a large share of a typical local household's income at the last Census. If you are renting, that rent share is the figure that matters; whether it feels affordable depends 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 Woolmar a good place to invest?

Accepted Answer

House values in Woolmar climbed 16.3% over the past 12 months, a strong increase in the capital value of houses. If your focus is rental income or on units, there isn't enough recent information here on rents or unit values to describe how those moved, so what this house-value rise means for 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	N/A	N/A
Change in value Past 12 months	16.3%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	22	N/A
Average rent Past 12 months	$650	N/A
Change in rent Past 12 months	N/A	N/A

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