Question 1

Is Claremont Meadows a nice place to live?

Accepted Answer

Claremont Meadows is a quiet, family-oriented suburb in the Penrith area, with broad tree-lined streets and predominantly detached homes from recent decades. It is a community of 5,177 people with a median age of 33, and households are mostly owner-occupied (78.7% owner-occupied, 21.3% rented). Couple families with children make up the largest family type, and together with couple families without children they account for just over eight in ten family households.

Everyday life is suburban and residential, with neighbourhood parks, playgrounds and sports fields close to most houses and a local shopping strip for everyday needs. Recent local works include the remediated Gipps Street Recreation Precinct, now a multi-sport destination with floodlit fields, courts, skate and pump-track facilities, inclusive playspaces and a dog park, and an upgraded primary school with additional teaching spaces. With larger yards, nearby parks and direct links to Penrith’s retail and transport hub, it tends to suit families or anyone after a calmer suburban pace while remaining convenient for commuters and weekend travellers.

Question 2

Is it expensive to live in Claremont Meadows?

Accepted Answer

Buying in Claremont Meadows sits well above what a typical local household earned at the last Census. The median house price of $1,108,500 is about 9.3 times a typical local annual household income (weekly median household income $2,297 at the last Census). Renting a house at about $700 a week would take roughly 30.5% of that weekly household income, which is a sizeable share. For people focused on renting rather than buying, the rent share is the most relevant measure; for buyers, the price multiple shows how high purchase costs are against local incomes recorded at the last 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 Claremont Meadows a good place to invest?

Accepted Answer

House values in Claremont Meadows rose 9.0% over the past 12 months, a solid increase in the capital value of houses during the year. For someone weighing the suburb up as an investment, that 9.0% figure is the one that speaks to capital growth; whether that level of movement fits your goals and circumstances is for you to judge.

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	$1.11M	N/A
Change in value Past 12 months	9.0%	N/A
Sold Past 3 months	12	N/A
Median days on market Past 12 months	20	N/A
Average rent Past 12 months	$700	N/A
Change in rent Past 12 months	N/A	N/A

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