Fraser Island, part of the Fraser Coast region in Queensland, is a unique and beautiful locale with a housing market that reflects its desirability and distinct lifestyle offerings. The island, known for being the largest sand island in the world, is home to stunning natural landscapes, including lush rainforests, freshwater lakes, and expansive beaches. Because it is a protected area, much of the real estate development is limited, making properties highly sought-after. Both permanent residents and investors eye this market for its potential appreciation and the opportunity to own a piece of paradise. While the limited number of properties can lead to higher prices, the allure of living in such a pristine environment continues to attract buyers looking for a serene and picturesque lifestyle away from the hustle and bustle of city life.
Living on Fraser Island offers a unique lifestyle immersed in nature and tranquility. Residents enjoy an unhurried pace of life with activities that make the most of the island's natural surroundings, such as swimming in the freshwater lakes, hiking through the rainforest trails, and exploring the famous sand dunes. The community is small and tightly-knit, with a focus on sustainability and conservation, given the island's status as a World Heritage site. Since much of the island is composed of preserved land, amenities are limited, which means residents often need to travel to the nearby mainland for certain services and supplies. However, this is a small trade-off for the breathtaking beauty and peacefulness that accompanies life on Fraser Island, making it an idyllic escape for those who cherish nature and a harmonious environment.
Median Weekly Rent | $48.00 |
Median Monthly Mortgage | $3750.00 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 1.00 |
Average Age | 32.00 |
Average Income | $1131.00 |
Average Cars Per Dwelling | 1.05 |
Average Properties Within 50M | 7 |
Typical 1 bed house | $517,000 |
Typical 2 bed house | $596,000 |
Typical 3 bed house | $1,136,000 |
Typical 4 bed house | $1,136,000 |
Typical 5 bed house | $1,136,000 |
Typical 6 bed+ house | $1,694,000 |
Housing Stock
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Thinking about buying in Fraser Island? Now could not be a better time, with just 436 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,125,000 with prices in this suburb ranging from $100,000 to $3,401,000. Fraser Island is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Fraser Island 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. Low average incomes in Fraser Island is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Fraser Island changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Fraser Island 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 Fraser Island 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 Fraser Island a better buying opportunity than it may have been in the past.
Instant Property ValuationKingfisher Heights, Lot 4 Kingfisher Bay Village, Fraser Island, QLD, 4581 | Offers Over $485,000 |
None within suburb boundary
(While the above schools are located with the suburb of Fraser Island there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 4.2 | 22.1 | 30.4 | 54.0 | 90.5 | 4.4 | 25.1 |
Feb | 4.5 | 22.0 | 30.4 | 54.2 | 91.1 | 4.4 | 22.6 |
Mar | 5.7 | 21.2 | 29.3 | 57.3 | 93.3 | 3.9 | 19.4 |
Apr | 2.2 | 17.8 | 27.3 | 54.3 | 94.3 | 3.4 | 17.7 |
May | 3 | 13.6 | 23.9 | 51.5 | 95.6 | 3.0 | 14.6 |
Jun | 2.5 | 12.0 | 22.3 | 54.2 | 95.0 | 3.0 | 13.1 |
Jul | 0.9 | 10.2 | 22.3 | 50.2 | 94.6 | 2.8 | 14.1 |
Aug | 1.2 | 10.4 | 23.4 | 44.3 | 94.2 | 3.1 | 17.4 |
Sept | 0.8 | 13.3 | 25.1 | 46.0 | 92.6 | 3.7 | 21.4 |
Oct | 3.1 | 16.4 | 26.6 | 50.3 | 91.8 | 4.0 | 23.5 |
Nov | 1.9 | 19.2 | 28.4 | 46.5 | 83.0 | 4.3 | 26.2 |
Dec | 4.6 | 20.9 | 29.7 | 51.8 | 87.1 | 4.5 | 26.2 |
source: Australian Government Bureau of Meteorology
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