Question 1

Is Bowraville a nice place to live?

Accepted Answer

Bowraville sits on the Wilson River in the Nambucca Valley and has a compact main street of timber and federation-era buildings hosting shops and community services.

It is an older community with incomes below the NSW median and 43.5% of homes owned outright. The surrounding landscape supports fishing, bushwalking and local sporting facilities that shape a quietly practical country lifestyle, and a new public preschool at Bowraville Central School is under construction.

Question 2

Is it expensive to live in Bowraville?

Accepted Answer

House rents in Bowraville run to about $535 a week. A typical local household earned about $947 a week at the most recent Census, so that rent would take roughly 57% of a typical local household's weekly income, a large share of income. For people renting rather than buying, that rent share is the number that matters; whether it feels expensive depends on your own 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 Bowraville a good place to invest?

Accepted Answer

Over the past 12 months, Bowraville house values rose 2.9% while house rents climbed 18.9%. For houses in Bowraville, rental income has outpaced capital growth by a wide margin.

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	2.9%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$535	N/A
Change in rent Past 12 months	18.9%	N/A

	Suburb	NSW
Median age years	46	39
Median household income weekly	$947	$1,829
Couples with children share of families	28.5%	44.7%
Couples without children share of families	36.6%	37.9%
One-parent families share of families	33.5%	15.8%
Homes owned outright share of homes	43.5%	32.6%
Homes with a mortgage share of homes	32.1%	33.6%
Homes rented share of homes	24.4%	33.7%

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