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Yungaburra suburb profile

Yungaburra is a picturesque village located on the Atherton Tablelands in Far North Queensland, renowned for its charming heritage-listed buildings and natural beauty. This quaint suburb offers a serene lifestyle, surrounded by lush rainforests, crater lakes, and waterfalls, making it a popular destination for nature enthusiasts and tourists. Yungaburra hosts the famous Yungaburra Markets, attracting visitors with its array of local crafts and produce. The village's rich history, vibrant arts community, and welcoming atmosphere make it an appealing place for those seeking a peaceful yet culturally rich environment.

Yungaburra property market performance

Yungaburra’s property market has shown significant growth in the house sector over the past 12 months, with house values increasing by 14.8%. The current median house price stands at $767,450. However, there has been no activity in the unit market, with no units sold or changes in unit values.

In terms of sales activity, 10 houses were sold over the past 12 months, with houses spending a median of 54 days on the market. This indicates a moderate demand for houses in the area.

The rental market for houses in Yungaburra has also seen an increase, with average rent rising by 5.4% to $590 over the last 12 months. The unit rental market remains inactive, reflecting the absence of units in the area.

HousesUnits
Median price
Past 3 months
$767KN/A
Change in value
Past 12 months
14.8%N/A
Sold
Past 3 months
10N/A
Median days on market
Past 12 months
54N/A
Average rent
Past 12 months
$590N/A
Change in rent
Past 12 months
5.4%N/A

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Yungaburra demographics

Yungaburra, nestled in the Atherton Tablelands of Queensland, is a charming village known for its heritage-listed buildings and picturesque landscapes. With a population of 1,272, it offers a tranquil lifestyle that appeals to retirees and families seeking a peaceful environment. The median age of 53 indicates a mature community, with many residents enjoying the slower pace and natural beauty of the area.

The suburb's housing market is characterized by a high rate of outright home ownership, with 52.7% of properties owned outright, reflecting the stability and long-term commitment of its residents. Additionally, 25.3% of homes are owned with a mortgage, while 22% are rented, indicating a balanced mix of ownership and rental opportunities. This stability is complemented by the area's appeal to those seeking a serene lifestyle away from the hustle and bustle of city living.

Family structures in Yungaburra are predominantly couple families without children, making up 56% of the households, while couple families with children account for 30.2%. The presence of one-parent families is relatively low at 13.9%, and there are no other family types recorded. This demographic composition highlights Yungaburra's appeal to both established families and those looking to enjoy their retirement years in a supportive community surrounded by natural beauty and a rich cultural heritage.

Yungaburra infrastructure, key developments and investment opportunities

Yungaburra’s appeal continues to centre on its heritage village character, with its National Trust listing and ongoing preservation of historic buildings supporting stable demand from lifestyle buyers and tree-changers.[1][4] The thriving café and boutique retail strip, together with the long-running Yungaburra Markets and nearby natural attractions such as Lake Tinaroo and crater lakes, enhance walkability and tourism-driven employment, which can underpin both short-stay and permanent rental demand.[6][9]

There are currently no major new transport, school or large-scale infrastructure projects announced specifically within Yungaburra that would significantly alter property dynamics in the short term, with residents continuing to rely on existing road links such as the Gillies Highway to access larger centres.[1][6] Overall, incremental improvements to local amenities and sustained tourism activity are the primary factors influencing property desirability in Yungaburra at this time.

Yungaburra rental market trends

The rental market in Yungaburra has experienced moderate growth, with house rents increasing by 5.4% over the past year to $590 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units. Yungaburra offers a unique lifestyle with its scenic surroundings, making it an attractive option for those seeking a tranquil living environment.

Suburbs near Yungaburra

Some popular suburbs near Yungaburra include:

Common questions about Yungaburra

  • Is Yungaburra a nice place to live?

    Yungaburra is a delightful place to live, offering a serene and picturesque lifestyle that is perfect for families and those seeking a peaceful retreat. The suburb is renowned for its charming village atmosphere, surrounded by the lush landscapes of the Atherton Tablelands. This creates a tranquil environment that is ideal for those who appreciate natural beauty and a slower pace of life. The community vibe is warm and welcoming, with a strong sense of heritage and culture that is reflected in the local arts scene and community events.

    Families will find Yungaburra particularly appealing due to its safe and supportive environment. The suburb offers a range of amenities, including cafes and boutique shops, which contribute to a relaxed and enjoyable lifestyle. While Yungaburra may not have the bustling nightlife of larger urban areas, it more than compensates with its access to stunning natural attractions such as Lake Tinaroo and nearby crater lakes, providing ample opportunities for outdoor activities and family outings.

    One trade-off of living in Yungaburra is the reliance on existing road links, such as the Gillies Highway, for access to larger centres, as there are no major new infrastructure projects currently underway. However, this is a small price to pay for the tranquility and charm that the suburb offers. The balance of home ownership and rental opportunities also provides stability and a sense of community, making Yungaburra a wonderful place to call home for those who value a peaceful lifestyle amidst natural beauty.

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  • Is it expensive to live in Yungaburra?

    Living in Yungaburra can be considered moderately expensive, especially when compared to the average wage in Queensland. The current median house price in Yungaburra is $767,450, which is quite significant when you consider the average annual wage in Queensland is around $63,000. This suggests that buying a home in Yungaburra would require a considerable financial commitment, especially for those earning the state average salary.

    Renting in Yungaburra also reflects this trend, with the average rent for houses being $590 per week. When you compare this to the median total household income in Yungaburra, which is $1,296 per week, a substantial portion of income would be directed towards housing costs. This indicates that while Yungaburra offers a charming lifestyle with its scenic beauty and small-town feel, the cost of living, particularly in terms of housing, can be a challenge for those on an average income. If you're thinking of living in Yungaburra, it's important to carefully assess your financial situation to ensure it aligns with the expenses associated with residing in this picturesque suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Yungaburra a good place to invest?

    Yungaburra presents an interesting opportunity for property investors, particularly those focused on houses. Over the past year, the suburb has experienced a significant 14.8% increase in median house values, indicating strong demand and potential for capital growth. This growth suggests that Yungaburra is becoming increasingly popular, possibly due to its charming village atmosphere and scenic surroundings, which are appealing to both buyers and renters.

    While the unit market in Yungaburra has remained stable with no change in median values or rent, houses have seen a 5.4% increase in rental prices over the last year. This rise in rental income potential makes houses an attractive option for investors seeking steady returns. The combination of capital appreciation and rental growth in the housing sector suggests that Yungaburra could be a promising choice for those looking to invest in a picturesque and growing community.

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