Question 1

Is Exeter a nice place to live?

Accepted Answer

Exeter is a small rural village in the Wollondilly Shire on the fringe of Sydney’s south-west, known for its country atmosphere and broad paddocks. The suburb is made up of narrow tree-lined lanes, hobby farms and rural residential blocks, with a mix of weatherboard cottages and modern country homes. Residents value the quiet, local pace of life and easy access to outdoor pursuits such as horse riding and bushwalking, while everyday shopping, larger schools and rail links are often sought in nearby towns.

About 1,087 people live in Exeter; the median age is 53 and the typical household income is $1,914 a week (roughly $99,500 a year). Housing is predominantly owner-occupied (55.3% owned outright and 33.7% with a mortgage, a combined 89.0% owner-occupier share) with 11.0% rented. Local assets include Exeter Public School, Exeter Oval and nearby parks, and council works list road renewals and design-stage footpath projects. Exeter will suit those after acreage and a rural lifestyle within reach of regional services; whether it’s right for you depends on how much you prioritise space over immediate local shops and public transport.

Question 2

Is it expensive to live in Exeter?

Accepted Answer

A house rent of $800 a week in Exeter would take about 41.8% of a typical local household's weekly income as recorded at the most recent Census. On these figures, that's a large share of income, so renting a house would use a substantial portion of a typical local household's earnings. If you're renting rather than buying, that rent share is the figure that matters.

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 Exeter a good place to invest?

Accepted Answer

Over the past 12 months in Exeter, house values fell 30.3%, a large decline, and house rents fell 15.8%, a sharp decline. The fall in house prices was bigger than the fall in the rent those houses earn, so capital value dropped more steeply than rental income over the year.

If you are considering Exeter as an investment, the value number relates to capital growth and the rent number relates to rental income; here both have moved down over the past year, with prices falling further than rents. Whether that pattern fits your objectives and circumstances is something only you can decide.

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	-30.3%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	98	N/A
Average rent Past 12 months	$800	N/A
Change in rent Past 12 months	-15.8%	N/A

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