Question 1

Is Mungay Creek a nice place to live?

Accepted Answer

Mungay Creek is a small rural locality with farmland, patches of native forest and the council-managed Mungay Creek Reserve.

The community is older, with many households owning their homes outright and incomes below the NSW median; at the 2021 Census, 133 people lived in Mungay Creek. Local shops, services and schools are in nearby Kempsey, while the locality itself is used for outdoor recreation, bushwalking, birdwatching and small-scale farming.

Question 2

Is it expensive to live in Mungay Creek?

Accepted Answer

A typical local household in Mungay Creek earned about $1,266 a week at the last Census. There haven't been enough recent sales or rentals in Mungay Creek to put reliable figures on what homes cost to buy or rent, so it's not possible to say how expensive it is to live here compared with local incomes.

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 Mungay Creek a good place to invest?

Accepted Answer

Mungay Creek hasn't had enough recent sales to put reliable figures on how house or unit prices and rents have moved. Without that, there isn't a clear picture of how it has performed as an investment.

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	N/A	N/A
Sold Past 3 months	N/A	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	NSW
Median age years	43	39
Median household income weekly	$1,266	$1,829
Couples with children share of families	31.2%	44.7%
Couples without children share of families	40.6%	37.9%
One-parent families share of families	28.1%	15.8%
Homes owned outright share of homes	61.9%	32.6%
Homes with a mortgage share of homes	23.8%	33.6%
Homes rented share of homes	14.3%	33.7%

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