Question 1

Is Kurrajong a nice place to live?

Accepted Answer

Kurrajong is a semi-rural village in the foothills overlooking the Hawkesbury River valley and the Blue Mountains, where tree-covered streets meet small farms and hobby blocks. The village centre has a handful of cafés, a local pub and independent shops, and weekend life often centres on community markets and outdoor pursuits. Housing ranges from weatherboard cottages and federation-era homes to newer acreage properties, drawing families, retirees and people after a quieter, country-style lifestyle with road links to larger centres.

Kurrajong has 3,113 residents and a median age of 46, and households are dominated by couple families. Owner-occupation is overwhelmingly high at 89.4%. Several local projects are planned or under way, including a funded Kurrajong to Kurmond cycleway, a New Richmond Bridge Stage 2 bypass proposal that council has opposed, and a wastewater upgrade that will involve a pipeline and a temporary Old Kurrajong Road closure. Whether that mix suits you comes down to what you want from a suburb.

Question 2

Is it expensive to live in Kurrajong?

Accepted Answer

House rents in Kurrajong run to about $650 a week. Against a typical local household income of $2,304 a week at the last Census, that rent would take roughly 28% of a household's weekly income, a moderate share that sits close to the commonly used 30% marker for housing taking up a large portion of income. For people renting rather than buying, that rent share is the most relevant number when weighing cost here.

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 Kurrajong a good place to invest?

Accepted Answer

For houses in Kurrajong, median values fell 17.2% and the rents those houses earn fell 10.3% over the past 12 months. The decline in prices was larger than the fall in rents, so capital value dropped more steeply than rental income for houses this year. Whether that fits your investment goals depends on your personal circumstances.

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	-17.2%	N/A
Sold Past 3 months	5	N/A
Median days on market Past 12 months	43	N/A
Average rent Past 12 months	$650	N/A
Change in rent Past 12 months	-10.3%	N/A

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