Question 1

Is Ourimbah a nice place to live?

Accepted Answer

Ourimbah sits in a valley beside the Ourimbah State Forest, so daily life is framed by bushland and trails for bushwalking and mountain biking. The suburb has a compact village centre, a train station on the Central Coast line and convenient road links, and a regional university and TAFE campus that bring a steady weekday pulse. Housing ranges from timber cottages and family homes to acreage and low-density lots, which suits people wanting bushland on the doorstep but easy access to larger coastal centres and services.

The community of 4,019 has a median age of 39 and a median household income of $1,940 a week (roughly $101,000 a year). Couple families are the largest group, and 76.3% of homes are owner-occupied. Recent and planned work includes a completed station upgrade with new lifts and ramps, council masterplans for the centre and former university land for community use, campus development including an education and nursing facility, and a $38.3 million TAFE program that includes staged campus upgrades; funding for some public-domain works is still to be allocated.

Question 2

Is it expensive to live in Ourimbah?

Accepted Answer

A house rent of $650 a week in Ourimbah would take about 33.5% of a typical local household's weekly income of $1,940 as recorded at the most recent Census, which is a sizeable share of income. If you're renting rather than buying, that rent share is the figure most relevant to you and whether it feels expensive depends on your own 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 Ourimbah a good place to invest?

Accepted Answer

House values in Ourimbah rose 27.6% over the past 12 months, a strong increase, while house rents increased 9.2% over the same period, a solid rise. In other words, capital growth on houses outpaced rental income growth this year; if capital gain is your focus the value change is the headline figure, and if rental income matters more the rent increase is the relevant number. Whether that balance suits your goals and circumstances is for you to weigh.

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	27.6%	N/A
Sold Past 3 months	7	2
Median days on market Past 12 months	13	N/A
Average rent Past 12 months	$650	N/A
Change in rent Past 12 months	9.2%	N/A

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