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All About Gregory River, Whitsunday, QLD, 4800

Gregory River, nestled within the Whitsunday region of Queensland, offers a unique blend of rural tranquility and stunning natural beauty, attracting many who seek a peaceful lifestyle. The housing market here tends to be characterized by larger lots and spacious homes, reflecting its more rural setting compared to the bustling coastal towns nearby. Property prices in Gregory River are relatively affordable compared to more tourist-centric areas, making it an appealing destination for those looking to escape the fast-paced city life without breaking the bank. The market is predominantly made up of single-family homes, with a mix of traditional Queenslander-style houses and modern builds, offering a range of options for potential buyers or renters.

Living in Gregory River allows residents to enjoy a slower pace of life, with plenty of opportunities for outdoor activities such as hiking, bird watching, and exploring the surrounding natural landscapes. It's a community-oriented area where neighbors often know each other and gatherings or local events are a common occurrence. Despite its rural charm, Gregory River is not too far from essential amenities, as the town of Proserpine is a short drive away, providing access to schools, shops, and medical facilities. The serene and spacious environment makes it an ideal location for families, retirees, or anyone seeking a quieter lifestyle amidst nature, while still maintaining connectivity to the broader Whitsunday region.

Household Makeup

Median Weekly Rent $300.00
Median Monthly Mortgage $1528.00
Median Persons Per bed houseroom 1.00
Average Household Size 3.00
Average Age 46.00
Average Income $839.00
Average Cars Per Dwelling 2.29
Average Properties Within 50M 1
Typical 2 bed house$471,000
Typical 3 bed house$719,000
Typical 4 bed house$718,000
Typical 5 bed house$1,639,000
Typical 6 bed+ house$1,056,000

Housing Stock

Local Internet Speeds

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Gregory River Real Estate Market Outlook

Thinking about buying in Gregory River? Now could not be a better time, with just 270 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $749,000 with prices in this suburb ranging from $200,000 to $2,331,000. Gregory River 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

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Gregory River 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 Gregory River 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. High density population in Gregory River requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Gregory River 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 Gregory River a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Gregory River 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.

Gregory River 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
Jan9.622.831.757.193.54.022.6
Feb7.423.031.858.393.93.722.7
Mar5.922.130.56194.84.020.1
Apr4.419.829.058.493.63.818.7
May2.016.326.257.795.73.916.1
Jun1.413.725.353.695.73.514.6
Jul0.81225.249.596.33.416.5
Aug111.526.64494.83.218.7
Sept0.413.728.940.395.73.422.6
Oct1.217.330.443.493.63.924.2
Nov4.519.631.74792.53.825.2
Dec4.921.132.846.693.13.927.7

source: Australian Government Bureau of Meteorology



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