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All About Biloela, Banana, QLD, 4715

Biloela, a town in the Banana Shire of Queensland, offers a distinctive housing market characterized by its affordability and accessibility compared to metropolitan areas. As a regional center, Biloela presents a range of housing options, from established homes to potential new developments, catering to diverse needs and preferences. The market has traditionally been stable, with modest growth reflecting the town’s steady economic environment, supported by industries such as agriculture, mining, and energy production. The cost of living is generally lower than in the larger cities, making it an appealing choice for families, retirees, and those seeking a quieter lifestyle. The close-knit community atmosphere further enhances the town's charm, providing a supportive environment for both new residents and long-time locals.

Living in Biloela offers a blend of rural tranquility and essential amenities, making it an attractive destination for those looking to escape the fast pace of city life. The town is equipped with various facilities, including a hospital, schools, shopping centers, parks, and recreational areas, ensuring residents have access to necessary services without the need to travel far. Biloela's vibrant local culture is centered around community events, sports, and outdoor activities, reflecting its friendly, welcoming nature. The surrounding landscapes offer opportunities for exploration and adventure, with nearby national parks and beautiful countryside ideal for outdoor enthusiasts. In essence, Biloela provides a balanced lifestyle, combining the benefits of a serene environment with the conveniences of modern living.

Household Makeup

Median Weekly Rent $262.36
Median Monthly Mortgage $1200.55
Median Persons Per bed houseroom 0.75
Average Household Size 2.45
Average Age 35.18
Average Income $869.91
Average Cars Per Dwelling 1.74
Average Properties Within 50M 9
Typical 1 bed house$296,000
Typical 2 bed house$355,000
Typical 3 bed house$333,000
Typical 4 bed house$485,000
Typical 5 bed house$523,000
Typical 6 bed+ house$437,000

Housing Stock

Local Internet Speeds

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Biloela Real Estate Market Outlook

Thinking about buying in Biloela? Now could not be a better time, with 3701 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $381,000 with prices in this suburb ranging from $62,000 to $1,067,000. The aproximate distance to the coast is 86 Km.

In Biloela there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Biloela are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Biloela leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Biloela necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Biloela we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Biloela a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

Redeemer Lutheran College

St Joseph's Catholic Primary School

Biloela State High School

Biloela State School

(While the above schools are located with the suburb of Biloela there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Biloela weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.819.734.037.289.03.124.3
Feb3.119.733.438.889.13.123.3
Mar2.018.431.841.592.42.720.3
Apr0.814.129.038.893.22.418.6
May0.69.326.036.092.32.315.6
Jun0.77.523.737.992.32.413.7
Jul0.26.724.134.590.82.315.2
Aug0.86.425.128.887.82.417.3
Sept0.79.428.427.289.92.721
Oct1.212.830.529.190.33.025
Nov0.416.133.727.688.73.026.7
Dec3.418.633.336.188.03.127.2

source: Australian Government Bureau of Meteorology




General Points of Interest


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