Question 1

Is North Macksville a nice place to live?

Accepted Answer

North Macksville sits beside the Nambucca River and is near the Pacific Highway.

It is an older, quiet residential community with a steady, lived-in character and housing that ranges from weatherboard cottages to later brick homes and some newer infill. Many households own their homes outright, with 59.2% of dwellings recorded that way, and residents rely on Macksville's shops, sporting grounds and services a short drive away while river reserves and walkways are close by. The Macksville Hospital was completed and opened and provides an emergency department, inpatient units, operating theatres and maternity services.

Question 2

Is it expensive to live in North Macksville?

Accepted Answer

A house rent of $630 a week in North Macksville would take roughly 69% of a typical local household's weekly income of about $916 a week at the most recent Census. On these figures, that is a large share of a typical local household's income for someone paying house rent.

If you're looking at renting rather than buying, that rent share is the number that matters; whether it feels expensive will depend on your own income and circumstances.

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 North Macksville a good place to invest?

Accepted Answer

House rents rose strongly in North Macksville over the past 12 months, up 14.5%, while house values also increased strongly, up 11.9%. On houses, rental income outpaced capital growth by a small margin, with rents climbing a little more than values.

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	11.9%	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	$630	N/A
Change in rent Past 12 months	14.5%	N/A

	Suburb	NSW
Median age years	53	39
Median household income weekly	$916	$1,829
Couples with children share of families	28.4%	44.7%
Couples without children share of families	50.0%	37.9%
One-parent families share of families	21.6%	15.8%
Homes owned outright share of homes	59.2%	32.6%
Homes with a mortgage share of homes	22.7%	33.6%
Homes rented share of homes	18.1%	33.7%

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