Cracow, a small rural town in Banana Shire, Queensland, offers a unique and laid-back lifestyle that contrasts sharply with bustling city life. The housing market in Cracow is characterized by its affordability and low competition. Properties here are generally more accessible to buyers who are looking for a budget-friendly option. The homes range from quaint, vintage-style houses to more modern properties, though the variety is limited due to the town's small size. The local real estate market tends to be stable, without the rapid price fluctuations often seen in larger urban areas, making it an appealing choice for first-time homebuyers or retirees seeking a quieter lifestyle.
Living in Cracow means embracing a close-knit community atmosphere where everyone knows their neighbors and there is a strong sense of camaraderie. The town is surrounded by beautiful natural landscapes, offering residents numerous opportunities for outdoor activities such as hiking, fishing, and exploring the nearby Dawson River. Despite its rural setting, residents can enjoy a simple, peaceful way of life. Local amenities include a small general store, a pub, and a post office, which cater to the basic needs of the community. The town’s heritage as a former gold mining settlement adds a touch of historical charm, and the preservation of its historic buildings provides a glimpse into Australia's past. Overall, Cracow offers a quiet, relaxed lifestyle ideal for those looking to escape the hustle and bustle of city living.
Median Weekly Rent | $250.00 |
Median Monthly Mortgage | $1517.00 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 41.00 |
Average Income | $949.00 |
Average Cars Per Dwelling | 2.53 |
Average Properties Within 50M | 3 |
Typical 2 bed house |
Housing Stock
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Thinking about buying in Cracow? Now could not be a better time, with just 363 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $58,000 with prices in this suburb ranging from $51,000 to $65,000. The aproximate distance to the coast is 156 Km.
In Cracow 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cracow due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Cracow provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Cracow 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 Cracow 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Cracow 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 | 2.8 | 19.7 | 34.0 | 37.2 | 89.0 | 3.1 | 24.3 |
Feb | 3.1 | 19.7 | 33.4 | 38.8 | 89.1 | 3.1 | 23.3 |
Mar | 2.0 | 18.4 | 31.8 | 41.5 | 92.4 | 2.7 | 20.3 |
Apr | 0.8 | 14.1 | 29.0 | 38.8 | 93.2 | 2.4 | 18.6 |
May | 0.6 | 9.3 | 26.0 | 36.0 | 92.3 | 2.3 | 15.6 |
Jun | 0.7 | 7.5 | 23.7 | 37.9 | 92.3 | 2.4 | 13.7 |
Jul | 0.2 | 6.7 | 24.1 | 34.5 | 90.8 | 2.3 | 15.2 |
Aug | 0.8 | 6.4 | 25.1 | 28.8 | 87.8 | 2.4 | 17.3 |
Sept | 0.7 | 9.4 | 28.4 | 27.2 | 89.9 | 2.7 | 21 |
Oct | 1.2 | 12.8 | 30.5 | 29.1 | 90.3 | 3.0 | 25 |
Nov | 0.4 | 16.1 | 33.7 | 27.6 | 88.7 | 3.0 | 26.7 |
Dec | 3.4 | 18.6 | 33.3 | 36.1 | 88.0 | 3.1 | 27.2 |
source: Australian Government Bureau of Meteorology
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