Nambucca Heads suburb profile
Nambucca Heads is a picturesque coastal town located on the Mid North Coast of New South Wales, renowned for its stunning beaches and vibrant natural beauty. Nestled at the mouth of the Nambucca River, this charming suburb offers a relaxed lifestyle with a strong focus on outdoor activities such as fishing, surfing, and bushwalking. The area is characterized by its scenic lookouts, lush hinterland, and a welcoming community atmosphere. With a mix of holiday accommodations, local shops, and dining options, Nambucca Heads is a popular destination for both tourists and those seeking a tranquil coastal living experience.
Nambucca Heads property market performance
Nambucca Heads' property market has shown modest growth over the past 12 months. House values have seen a slight increase of 0.6%, with the median house price now at $660,000. In contrast, unit values have risen by 3.8%, bringing the median unit price to $549,500. This indicates a stronger demand for units in the area.
Sales activity has been relatively low, with 22 houses and just 5 units sold in the past three months. Properties are taking longer to sell, with houses on the market for a median of 81 days and units for 71 days, suggesting a cautious buyer sentiment.
The rental market in Nambucca Heads has remained stable over the last 12 months, with no change in average rent for both houses and units, which stand at $520 and $420, respectively.
Median price - houses$660KPast 3 months
Median price - units$550KPast 3 months
Change in value - houses0.6%12 months
Change in value - units3.8%12 months
Houses sold22Past 3 months
Units sold5Past 3 months
Median DOM - houses81Past 12 months
Median DOM - units71Past 12 months
Average rent - houses$520Past 12 months
Average rent - units$420Past 12 months
Change in rent - housesN/APast 12 months
Change in rent - unitsN/APast 12 months
Nambucca Heads demographics
Nambucca Heads, located on the Mid North Coast of New South Wales, is a picturesque coastal town known for its stunning beaches, lush hinterlands, and relaxed lifestyle. With a population of 6,675, it offers a serene environment that appeals particularly to retirees and those seeking a quieter pace of life. The median age of 57 reflects a mature community, with many residents enjoying the natural beauty and tranquility that the area provides.
The housing landscape in Nambucca Heads is characterized by a high rate of outright home ownership, with 48.1% of properties owned outright. This suggests a stable community with long-term residents who have settled into the area. Meanwhile, 16.9% of properties are owned with a mortgage, and 34.9% are rented, indicating a mix of stability and flexibility for those who prefer renting. The median total household income weekly is $839, which aligns with the demographic of retirees and those living on fixed incomes.
Family structures in Nambucca Heads are diverse, with 24.5% of families being couple families with children and 51.3% being couple families without children, highlighting the appeal of the area to both families and couples. One-parent families make up 22.2% of the community, adding to the suburb's diverse family dynamics. The town's charm lies in its balance of natural beauty, community spirit, and a lifestyle that caters to those seeking a peaceful coastal retreat.
Nambucca Heads infrastructure, key developments and investment opportunities
Nambucca Heads is undergoing several infrastructure developments that may impact its property market. The town is set to benefit from the Pacific Highway upgrade project, which will improve connectivity to major cities. Additionally, there are plans for a new retail precinct in the town center, aimed at revitalizing the local economy and potentially boosting property values in the area.
The Nambucca Valley Council has also approved plans for a new residential development on the outskirts of town, which will add more housing options to meet growing demand. Furthermore, upgrades to local schools and healthcare facilities are in progress, enhancing the town's appeal to families. These developments, combined with Nambucca Heads' coastal location and natural beauty, are likely to sustain interest in the local property market and potentially drive growth in the coming years.
Nambucca Heads rental market trends
The rental market in Nambucca Heads has remained stable, with no change in house rents over the past year, maintaining a median of $520 per week. Similarly, unit rents have also remained unchanged at $420 per week. This stability suggests a balanced market, offering consistent rental opportunities for both tenants and investors in this coastal suburb.
Suburbs near Nambucca Heads
Some popular suburbs near Nambucca Heads include: