Question 1

Is Raleigh a nice place to live?

Accepted Answer

Raleigh is a small rural village in the Nambucca Valley, near the Nambucca River and close to the coast.

The population was 681, and it is an older community with many households owning their homes outright while couples without children are the largest family group. Amenities within Raleigh are modest, with more shops, services and schools in nearby towns and regional centres, and residents have easy access to river and bushland recreation; hobby gardens and small acreage blocks are common. The Sewering Coastal Villages Project connected parts of Raleigh to the Urunga sewer network, with pressure pumps installed in some backyards.

Question 2

Is it expensive to live in Raleigh?

Accepted Answer

At the most recent Census, a typical household in Raleigh had a weekly income of $1,482. There haven't been enough recent sales or rentals to publish reliable house or unit prices and rents for Raleigh, so it's not possible from these figures to say how expensive it is to live in the suburb compared with local incomes.

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 Raleigh a good place to invest?

Accepted Answer

Raleigh hasn't had enough recent sales to put reliable figures on how its house or unit prices and rents have moved, which is common in smaller or quieter markets. Without those published figures, there isn't a clear picture of how it has performed as an investment.

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	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	NSW
Median age years	49	39
Median household income weekly	$1,482	$1,829
Couples with children share of families	36.4%	44.7%
Couples without children share of families	47.2%	37.9%
One-parent families share of families	16.5%	15.8%
Homes owned outright share of homes	47.1%	32.6%
Homes with a mortgage share of homes	31.9%	33.6%
Homes rented share of homes	21.0%	33.7%

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