Question 1

Is Barraba a nice place to live?

Accepted Answer

Barraba is a country town in the New England region that serves surrounding farms and rural properties. It has a compact main street with local shops and services, a mix of older weatherboard and brick homes in town and larger agricultural blocks on the outskirts. Life in Barraba is quieter and community-minded, shaped by farming rhythms and by local sporting and volunteer groups, and the town sits among rolling paddocks and pockets of native woodland with regional roads linking residents to larger centres for specialised services.

The community is small — 1,329 people with a median age of 58 — and households are dominated by couples, with most homes owner-occupied and a median household income of $776 a week. Local infrastructure work is under way or planned, including upgrades to wastewater and water mains, improvements at the Barraba Multipurpose Service and measures to manage the old landfill. Taken together, Barraba suits someone after a settled rural town with basic local services and connections to nearby centres; whether it fits you depends on what you want from country living.

Question 2

Is it expensive to live in Barraba?

Accepted Answer

Housing costs in Barraba sit above what a typical local household earned at the most recent Census. House rents averaged $355 a week, which is about 45.7% of a typical local household's weekly income at the last Census, so rent would take a large share of that income. The median house price of $260,000 is about 6.4 times a typical local household's annual income at the last Census, which places buying well above local incomes. Whether that feels expensive depends on your own income and circumstances.

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 Barraba a good place to invest?

Accepted Answer

House values and rents both rose strongly over the past 12 months. In Barraba, median house values climbed 15.8% while house rents increased 18.3%, so the rent a house earns grew a little faster than house prices over the year. The value change is the number investors link to capital growth, and the rent change is the one that matters for rental income; which of those matters more will depend on your own goals and circumstances.

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	$260K	N/A
Change in value Past 12 months	15.8%	N/A
Sold Past 3 months	11	N/A
Median days on market Past 12 months	79	N/A
Average rent Past 12 months	$355	N/A
Change in rent Past 12 months	18.3%	N/A

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