Question 1

Is Blayney a nice place to live?

Accepted Answer

Blayney is a country town in the Central Tablelands, sitting amid rolling farmland by the Belubula River and serving as a local hub for the surrounding agricultural district. It has a compact, historic main street of brick and weatherboard buildings with everyday shops, cafés and pubs. Housing is mostly detached homes and small-acreage properties, with some newer residential pockets on the town fringe, and community life centres on schools, sporting clubs and local services. The town is linked to larger regional centres by road and rail.

The community of 3,448 people has a median age of 38 and is weighted towards families and owner-occupiers: couple families with and without children make up just over four in five families, and 68.3% of homes are owner-occupied. A major health redevelopment is under construction to centralise aged care, hospital services and a HealthOne, and council works include shared pathways, an upgrade to the Church Hill Rotary lookout, pool refurbishment at the CentrePoint Sport and Leisure Centre and plans to relocate the Shire library into a new cultural centre. Whether Blayney suits you will come down to whether you want a quieter, regional town with those everyday amenities and connections.

Question 2

Is it expensive to live in Blayney?

Accepted Answer

On the figures for Blayney, a house rent of $525 a week would take about 38% of a typical local household's weekly income at the last Census, which is a sizeable share of income. Buying looks more stretched: the suburb's median house price of $660,000 is roughly 9.2 times a typical local household's annual income at the last Census, placing purchase prices well above what people locally earned then. 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 Blayney a good place to invest?

Accepted Answer

House values in Blayney climbed 20.0% over the past 12 months, a strong rise in what houses are worth. Over the same year, the rent a house earns increased 5.0%, a solid lift in rental income. Put simply, on the house side price growth outpaced rent growth this year. If capital growth is your priority the value figure is the one to watch, while the rent change is the relevant number for someone focused on rental income. Whether that balance fits your goals is for you to weigh up.

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	$660K	N/A
Change in value Past 12 months	20.0%	N/A
Sold Past 3 months	15	N/A
Median days on market Past 12 months	57	N/A
Average rent Past 12 months	$525	N/A
Change in rent Past 12 months	5.0%	N/A

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