Question 1

Is Londonderry a nice place to live?

Accepted Answer

Londonderry is a semi-rural suburb on Sydney’s north-west fringe where low-density streets sit alongside larger rural-residential blocks and hobby farms. The housing mix ranges from older weatherboard and brick homes to more recent single-level houses on generous lots, and the pace is relaxed with local parks, sports fields and a small village shopping strip for day-to-day needs. It is a suburb of families, with a median age of 38 and a high share of owner-occupiers (78.0%).

Car travel is the norm, with local roads linking residents to nearby centres and rail connections, and there are state road projects and council-funded park and playground upgrades planned or under way. The Hawkesbury Centre of Excellence at the WSU Hawkesbury campus is expected to use Londonderry Road for access. Whether Londonderry suits you will come down to whether you value outdoor space, a quieter, semi-rural pace and reliance on a car to get around.

Question 2

Is it expensive to live in Londonderry?

Accepted Answer

House rents in Londonderry are about $738 a week. Against a typical local household income of $2,158 a week as recorded at the most recent Census, that rent would take about 34% of income, roughly a third. On these figures, renting a house here would use a sizeable share of a typical local household's income at the last Census, so if you're renting that rent share is the number 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 Londonderry a good place to invest?

Accepted Answer

House values in Londonderry fell 23.1% over the last 12 months, a large decline in the capital value of houses. Over the same year house rents rose 5.4%, a solid increase in rental income. For someone weighing Londonderry up as an investment, the value figure relates to capital growth and the rent figure relates to income, and which of those matters will depend on your 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	N/A	N/A
Change in value Past 12 months	-23.1%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	50	N/A
Average rent Past 12 months	$738	N/A
Change in rent Past 12 months	5.4%	N/A

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