Question 1

Is Llanarth a nice place to live?

Accepted Answer

Llanarth sits on the edge of Bathurst as a semi-rural, village-fringe suburb of paddocks, hobby farms and generous residential blocks. Properties range from older cottages and farmhouses to newer homes on larger lots, so many houses have space for gardens, sheds or horses. Residents tend to value quiet streets, rural outlooks and easy access to outdoor pursuits while relying on Bathurst for major shops, schools and services.

Home to 2,302 people with a median age of 38 and a median household income of $2,348 a week, the suburb is weighted towards families and owner-occupation — most homes are owner-occupied (81.3%) and renters make up 18.7%. Llanarth is included in the Laffing Waters master plan, which identifies land for a future school and a neighbourhood activity centre, and nearby open-space work at Sawpit Creek proposes pathways, playgrounds and picnic shelters. That combination suits people after more land and a semi-rural lifestyle while keeping proximity to city amenities; whether it suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Llanarth?

Accepted Answer

On these figures, buying a house in Llanarth at the current median price of $945,000 works out to about 7.7 times a typical local household's annual income as recorded at the most recent Census, which puts buying well above local incomes at that Census. Renting a house around $650 a week would take roughly 28% of a typical local household's weekly income at the last Census, a moderate share.

So if you are weighing renting versus buying, the rent share is the number that matters for day-to-day costs, while the price multiple shows buying sits considerably above what households earned at the last Census. Whether that feels expensive will depend on your own income and circumstances.

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 Llanarth a good place to invest?

Accepted Answer

If rental income is your priority, Llanarth's houses saw rents rise a solid 8.3% over the past 12 months, while median house values were marginally lower, down 0.2%. The rent a house earns has been the stronger performer on the house side this year, and whether that balance suits you depends on your own goals and 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	$945K	N/A
Change in value Past 12 months	-0.2%	N/A
Sold Past 3 months	14	N/A
Median days on market Past 12 months	91	N/A
Average rent Past 12 months	$650	N/A
Change in rent Past 12 months	8.3%	N/A

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