Cost of Living and Housing
- retireinyamba
- Mar 16
- 2 min read
When considering retirement in coastal Australia, understanding the cost of living, housing options, and retirement-friendly communities is essential. Here's a concise overview focusing on Yamba, with comparisons to the Gold Coast and Noosa.
Cost of Living & Housing
Average Home Prices & Rental Costs:
Yamba, NSW: The median property price for houses is approximately $967,500, with an average weekly rent of $610, yielding a rental return of 3.40%. Source : Your Investment Property Magazine
Noosa Heads, QLD: The median house price stands at around $2.2 million, reflecting a 21.1% annual increase. Median weekly rents are $1,250, offering a rental yield of 2.8%.
Gold Coast, QLD: Specific median prices aren't provided in the available data, but the region has experienced significant housing affordability issues, with some areas among the least affordable in Australia.
Best Retirement-Friendly Neighborhoods in Yamba
Yamba offers several neighborhoods ideal for retirees:
Yamba Hill: Close to beaches, cafes, and shops, providing easy access to amenities.
West Yamba: Known for its serene environment and proximity to the Clarence River, suitable for those seeking tranquility.
Yamba Waters: Offers a mix of residential homes and retirement communities, fostering a community-centric atmosphere.
Guide to Retirement Villages & Over-50s Communities in Yamba
Yamba boasts a variety of retirement living options:
Palm Lake Resort Yamba: A luxury over-50s community featuring modern homes and resort-style amenities, inspired by a coastal aesthetic.
Grevillea Waters Yamba: An over-50s community offering a peaceful lifestyle amidst picturesque beaches and friendly locals.
Clifton Yamba: Provides luxurious over-55s living with seamless indoor/outdoor designs and a range of one, two, or three-bedroom homes.
Parkside Yamba: A newly approved development comprising 136 dwelling-sites, offering modern facilities and a vibrant community atmosphere.
In summary, Yamba presents a more affordable and serene alternative to the Gold Coast and Noosa, with a variety of retirement-friendly neighbourhoods and specialized communities catering to over-50s.
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