Question 1

Is Boambee a nice place to live?

Accepted Answer

Boambee sits on the semi-rural fringe of Coffs Harbour, with creek-lined paddocks, hobby farms and pockets of modest suburban housing. Boambee Creek and surrounding farmland give the suburb a green, open character, while local roads provide a straightforward link to Coffs Harbour's beaches, shopping and regional transport routes, so daily life blends a country outlook with easy access to town amenities.

The community of 1,770 has a median age of 47 and is weighted towards couple households, with nearly nine in ten families being couples. Homes are predominantly owner-occupied, with about nine in ten dwellings owned outright or with a mortgage and roughly one in ten rented. Road works and planning are under way nearby, including a Pacific Highway realignment through North Boambee Valley and council projects for new residential release and large-lot subdivision; these have led to local traffic changes and some property renumbering.

Question 2

Is it expensive to live in Boambee?

Accepted Answer

There haven't been enough recent sales or rentals in Boambee (NSW) to produce reliable house or unit price and rent figures. Without current price and rent numbers, it isn't possible to describe how expensive it is to live in Boambee compared with local 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 Boambee a good place to invest?

Accepted Answer

Over the past 12 months house values in Boambee declined 8.1%, a notable fall in the capital value of houses over the year. That movement is the figure to look at if your interest is capital growth; there isn't enough recent data here to report on unit values or on rents, so the house value change is the only market movement available in this snapshot.

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	-8.1%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	114	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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