Question 1

Is Araluen a nice place to live?

Accepted Answer

Araluen is a small country village in the Southern Tablelands set in the Araluen Valley along Araluen Creek and framed by low eucalypt-covered hills. It has a quiet, bush-centred character with modest weatherboard cottages, smallholdings and properties opening onto creek flats and native bush, and the valley still shows traces of 19th century gold workings. Local services are limited, so residents rely on nearby Braidwood for shopping and schools and the area is reached by country roads winding through farmland. For anyone after a slower rural pace, that is the picture the place presents.

With 209 residents and a median age of 53, the typical household income is $1,042 a week, roughly $54,184 a year.

Family data show a strong prevalence of couples without children. Of 54 families, 36 are couple families without children (66.7%), 14 are couple families with children (25.9%) and four are one-parent families (7.4%).

Homes in Araluen are overwhelmingly owner-occupied: of 91 dwellings, 50 are owned outright (54.9%) and 35 are owned with a mortgage (38.5%), while six homes are rented (6.6%).

Question 2

Is it expensive to live in Araluen?

Accepted Answer

Araluen doesn't have enough recent sales or rental data to publish reliable house or unit prices or rents. Without those figures, there isn't a clear picture of how expensive it is to live in Araluen compared with local household incomes recorded at the most recent Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Araluen a good place to invest?

Accepted Answer

There haven't been enough recent sales in Araluen to publish reliable figures on how house and unit values and rents have changed over the past 12 months. Without that data, it's not possible to describe how the suburb has performed as an investment during that period.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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