Question 1

Is Frederickton a nice place to live?

Accepted Answer

Frederickton is a small village in the Macleay Valley beside the Macleay River, with riverside recreation and a mix of older homes and small acreage.

The community is older, with incomes below the NSW median and many households owning their homes outright (43.1%). Local life centres on a handful of village facilities while major shops and services are in nearby Kempsey, and road links via the Pacific Highway and the North Coast rail line support regional travel. Construction has begun on a new filtration plant at Steuart McIntyre Dam to treat raw water for Kempsey, Frederickton, Smithtown and Gladstone.

Question 2

Is it expensive to live in Frederickton?

Accepted Answer

House rents in Frederickton run to about $500 a week. Against a typical local household income of $1,114 a week at the last Census, that rent would take about 45% of a household's weekly income, which is a large share on these figures. For people renting, that rent share is the clearest measure of how housing costs sit against local incomes.

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 Frederickton a good place to invest?

Accepted Answer

Frederickton's recent figures show house values fell 5.5% and house rents fell 5.7% over the past 12 months.

For houses that means both capital growth and rental income moved lower, with rents edging down slightly more than values.

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	-5.5%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	42	N/A
Average rent Past 12 months	$500	N/A
Change in rent Past 12 months	-5.7%	N/A

	Suburb	NSW
Median age years	49	39
Median household income weekly	$1,114	$1,829
Couples with children share of families	28.8%	44.7%
Couples without children share of families	45.8%	37.9%
One-parent families share of families	23.0%	15.8%
Homes owned outright share of homes	43.1%	32.6%
Homes with a mortgage share of homes	32.7%	33.6%
Homes rented share of homes	24.2%	33.7%

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