Question 1

Is Macksville a nice place to live?

Accepted Answer

Macksville sits on the Nambucca River with a compact main street of shops, cafes and pubs and riverside parks and boat ramps that give the town a clear focus on boating and fishing. Housing ranges from timber cottages to modest suburban homes, with rural properties on the outskirts, and road and rail links keep nearby coastal towns accessible. The town retains a calm, country-by-the-river character and is noted as popular with families, retirees and people working in regional industries and services.

About 2,782 people live in Macksville, with a median age of 47 and a median household income of $944 a week (around $49,088 a year). Couple families without children are the largest group at 41.0%, couple families with children 31.5% and one-parent families 25.6%. Owner-occupiers make up 69.7% of dwellings while 30.3% are rented. Recent local works include delivery of a bypass and new river crossing, a redeveloped hospital north of town that is now operational, a new ambulance station, and council-led foreshore and public art improvements. Those features point to a settled, river-focused community; whether that suits you will depend on what you want from a town.

Question 2

Is it expensive to live in Macksville?

Accepted Answer

At a median house price of $702,500, buying in Macksville works out to about 14.3 times a typical local household's annual income as recorded at the most recent Census, which is a high multiple of local incomes at the last Census.

Rents are also large relative to that Census income: the average house rent of $585 a week is about 62% of a typical local household's weekly income at the last Census, and the average unit rent of $400 a week is about 42% of that weekly income. On these figures, renting would take a large share of a typical local household's income at the last Census, while buying sits well above what households locally earned at the last Census.

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 Macksville a good place to invest?

Accepted Answer

Houses in Macksville moved noticeably over the past year: median house values climbed 15.2%, a strong rise, while house rents increased 8.3%, a solid gain. Over the 12-month period house price growth outpaced rent growth, so capital growth was the stronger performer for houses this year.

If you are weighing Macksville as an investment, the figures show what happened over the past year and which numbers matter for different goals — the value change points to capital growth, the rent change to rental income. Whether that balance suits you will depend on your objectives 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	$703K	N/A
Change in value Past 12 months	15.2%	N/A
Sold Past 3 months	10	N/A
Median days on market Past 12 months	99	N/A
Average rent Past 12 months	$585	$400
Change in rent Past 12 months	8.3%	N/A

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