Question 1

Is Frederickton a nice place to live?

Accepted Answer

Frederickton sits on the Macleay River opposite Kempsey and has a quiet, semi-rural feel. The housing mix ranges from modest weatherboard and single-storey homes to larger acreage blocks and pockets of riverfront reserve. Outdoor life centres on the river and nearby bush for fishing, boating and walks, while shops, schools and other services are accessed in neighbouring Kempsey. Road links and rail access nearby make regional towns reachable without an urban atmosphere.

The community numbers 1,452 people, with a median age of 49 and a median household income of $1,114 a week. Most homes are owner-occupied, about three in four dwellings, and family composition is led by couple families without children (45.8%). Frederickton Public School provides local primary schooling and is listed on the local heritage inventory. Whether that quieter, riverside setting suits you depends on what you are looking for in a suburb.

Question 2

Is it expensive to live in Frederickton?

Accepted Answer

House rents in Frederickton are about $500 a week. Against a typical local household income of $1,114 a week as recorded at the most recent Census, that rent would take roughly 45% of a household's weekly income, which is a large share of income — for renters, that share is the key figure to consider.

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

House rents in Frederickton fell 11.5% over the past 12 months, a large decline, while median house values were down 4.0% over the same period, a modest fall. Both numbers refer to the 12-month change to the suburb's house market.

Put simply, the income side for houses weakened more sharply than the capital side over the year. If rental income is your priority, the rent fall is the figure that will matter most; if capital movement is what you care about, the smaller decline in house values is the relevant number. Whether that fits your goals and circumstances is for you to weigh up.

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	-4.0%	N/A
Sold Past 3 months	5	2
Median days on market Past 12 months	42	N/A
Average rent Past 12 months	$500	N/A
Change in rent Past 12 months	-11.5%	N/A

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