Question 1

Is Narrabri a nice place to live?

Accepted Answer

Narrabri is a country service town on the Namoi River at the agricultural heart of north-west New South Wales. It serves surrounding cotton and broadacre properties, so the local mix includes farming families, tradespeople and people who prefer a relaxed regional lifestyle. The town centre has everyday shops, schools, health services and sporting clubs, and housing is mainly single-storey weatherboard and brick homes on roomy blocks. Outdoor life centres on the river and nearby bushland, with easy access to the Pilliga Forest and Mount Kaputar for walking and birdwatching.

The community of 7,327 people has a median age of 39 and is largely owner-occupied, with about two in three households owned and around one in three rented. Several civic and infrastructure projects are under way or planned, including a bridge replacement, a section of Inland Rail with planning approval, hospital upgrades and a proposed Narrabri Tourism and Cultural Precinct that lists potential airport, CBD, library and university-centre works. Whether Narrabri suits you comes down to whether that mix of regional services, outdoor access and farming-centred community fits what you want.

Question 2

Is it expensive to live in Narrabri?

Accepted Answer

Buying looks more stretched than renting in Narrabri on these figures. The median house price of $550,000 is about 6.7 times a typical local annual household income at the last Census, which sits well above local incomes. Rents tell a different story: house rents average $550 a week, roughly 34.6% of a typical local household's weekly income at the last Census (a sizeable share), while unit rents average $330 a week, about 20.8% of that weekly income (a moderate share). If you're renting rather than buying, the rent share is the figure 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 Narrabri a good place to invest?

Accepted Answer

Over the past 12 months in Narrabri, median house values climbed 10.5%, a strong rise, while house rents increased 3.8%, a modest gain. For houses this year, capital growth outpaced rental income.

Unit rents rose 15.8% over the same period, a strong jump and notably faster than house rents, so if rental income is your priority that unit rent movement is the figure that matters. Whether these movements make Narrabri the right choice for 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	$550K	N/A
Change in value Past 12 months	10.5%	N/A
Sold Past 3 months	25	N/A
Median days on market Past 12 months	72	N/A
Average rent Past 12 months	$550	$330
Change in rent Past 12 months	3.8%	15.8%

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