Question 1

Is Northam a nice place to live?

Accepted Answer

Northam sits on the banks of the Avon River at the heart of the Avon Valley, surrounded by broad wheatbelt countryside. The historic town centre mixes heritage buildings with everyday civic and retail services, and housing ranges from federation and mid-century homes to rural properties and newer estates on the fringe. The town acts as a service and social hub for nearby farming communities, with schools, health services, local shops and light industry, and outdoor life around the river and rolling hills is a big draw.

About 6,679 people live in Northam, with a median age of 42 and a median household income of $1,246 a week. Homes are mostly owner-occupied (69.0%) while around 31.1% are rented, and the community includes a mix of couple families without children, couple families with children and one-parent families. Transwa runs the AvonLink rail service and there are planned or ongoing transport works nearby; the Northam Health Campus has also been through a recent redevelopment with new operating theatres, an expanded emergency department and an ambulatory care building. Whether Northam suits you comes down to whether you want a regional centre with local services and river-side outdoor opportunities.

Question 2

Is it expensive to live in Northam?

Accepted Answer

Buying a house in Northam sits at about 8.1 times a typical local annual household income at the last Census, based on a median house price of $522,500 and a weekly household income of $1,246 (annualised to $64,792). Renting a house at about $550 a week would take roughly 44.1% of that typical local weekly household income at the last Census, so rent would be a large share of a typical household's income. If you're renting rather than buying, that rent share is the figure most relevant to you; 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 Northam a good place to invest?

Accepted Answer

A striking feature of Northam's market over the past 12 months is the jump in house prices. House values rose 22.1% over the year, a strong increase, while house rents climbed 13.4% over the same period, also a strong rise. Because the value gain is larger than the rent gain, capital growth has outpaced rental income on the house side this year. If you are focused on rental income, the rent change is the relevant figure; if capital growth is your priority, the value change is the key number. Whether that balance makes Northam the right investment for you depends on your 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	$523K	N/A
Change in value Past 12 months	22.1%	N/A
Sold Past 3 months	37	1
Median days on market Past 12 months	16	N/A
Average rent Past 12 months	$550	N/A
Change in rent Past 12 months	13.4%	N/A

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