Rita Island, located in the Burdekin region of Queensland, offers a unique and serene rural lifestyle with its expansive landscapes and close-knit community feel. The housing market in this quaint locality is characterized by its affordability compared to more urbanized areas, making it an attractive option for those looking to escape the hustle and bustle of city living. Properties here predominantly consist of spacious family homes and agricultural land, reflecting the area's strong ties to farming and the sugar cane industry. Due to its rural nature, the housing market experiences relatively stable prices with less volatility, offering a sense of security for potential homeowners and investors seeking long-term opportunities.
Living in Rita Island provides residents with a peaceful environment surrounded by natural beauty. The community is known for its welcoming nature and robust sense of camaraderie among locals, which is a key draw for those seeking a friendly atmosphere. The area is ideal for those who appreciate the outdoors, with plenty of opportunities for activities such as fishing, boating, and exploring local wildlife. Although it may not offer the extensive amenities of larger towns, the essentials are within reach, and the nearby town of Ayr provides additional services and shopping options. Overall, Rita Island presents a charming blend of rural tranquillity and community spirit, making it an appealing place to call home for those who value a slower pace of life.
Median Weekly Rent | $196.50 |
Median Monthly Mortgage | $1033.50 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 48.00 |
Average Income | $782.50 |
Average Cars Per Dwelling | 2.36 |
Average Properties Within 50M | 1 |
Typical 1 bed house | $326,000 |
Typical 2 bed house | $789,000 |
Typical 3 bed house | $515,000 |
Typical 4 bed house | $1,843,000 |
Typical 5 bed house | $662,000 |
Housing Stock
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Thinking about buying in Rita Island? Now could not be a better time, with just 204 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $659,000 with prices in this suburb ranging from $237,000 to $1,843,000. Rita 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 Rita 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 Rita 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 Rita 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 Rita Island necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Rita Island the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation5 Sandhill Road, Rita Island, QLD, 4807 | 3 | 1 | 2 | $620,000 |
None within suburb boundary
(While the above schools are located with the suburb of Rita 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 | 7.7 | 23.4 | 32.2 | 46.3 | 90.0 | 3.1 | 23.3 |
Feb | 5.9 | 23.3 | 32.3 | 46.1 | 90.2 | 2.9 | 22.2 |
Mar | 6.3 | 22.4 | 31.2 | 51.3 | 89.4 | 2.9 | 20.0 |
Apr | 1.9 | 19.6 | 30.0 | 42.2 | 89.7 | 2.9 | 19.7 |
May | 0.7 | 16.3 | 27.5 | 41.1 | 90.9 | 2.9 | 17.7 |
Jun | 0.6 | 13.8 | 25.8 | 43.6 | 90.3 | 2.8 | 15.5 |
Jul | 0.6 | 13.0 | 25.9 | 42.2 | 89.7 | 2.8 | 17.0 |
Aug | 0.7 | 13.2 | 26.8 | 39.2 | 90.1 | 2.7 | 19.2 |
Sept | 0.1 | 15.9 | 28.7 | 39.9 | 89.5 | 3.0 | 23.4 |
Oct | 0.6 | 18.6 | 30.1 | 42.2 | 88.0 | 3.2 | 25.7 |
Nov | 0.8 | 21.0 | 31.6 | 44.8 | 86.7 | 3.3 | 27.3 |
Dec | 2.0 | 22.5 | 32.6 | 41.8 | 86.3 | 3.2 | 26.8 |
source: Australian Government Bureau of Meteorology
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