Question 1

Is Shalvey a nice place to live?

Accepted Answer

Shalvey is a primarily residential suburb in Greater Western Sydney with a lived-in character of single-storey brick houses and modest newer townhouses along quiet, tree-lined streets. Local life centres on small parks, community halls and local shops, while larger retail centres, medical services and rail connections at nearby Mount Druitt are within easy reach. The suburb tends to suit families and people seeking affordable, practical homes with outdoor space rather than a high-profile urban scene.

About 3,455 people live in Shalvey; the median age is 32 and the median household income is $1,180 a week, roughly $61,360 a year. Renters make up 53.2% of dwellings and 46.8% are owner-occupied. Several local projects are under way or planned, including a major expansion of the Mount Druitt PCYC at Shalvey to double its size and facilities, Land and Housing NSW upgrade works involving demolition of 41 properties, new roads, stormwater and services upgrades and 29 residential rebuilds, and a planned public preschool co-located at Shalvey Public School. Whether it suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Shalvey?

Accepted Answer

In Shalvey, renting a house would take a large share of what a typical local household earned at the last Census. Average house rent of $550 a week against a typical household income of $1,180 a week as recorded at the last Census is about 46.6% of that weekly income, so if you are renting rather than buying that rent share is the number 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 Shalvey a good place to invest?

Accepted Answer

Over the past 12 months in Shalvey, median house values rose 11.6% and median house rents increased 10.0%. Both are strong gains for the year, with values rising a little more than rents, so the capital-growth side was the stronger performer this period while rental income also improved. Whether that balance suits 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	N/A	N/A
Change in value Past 12 months	11.6%	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	12	N/A
Average rent Past 12 months	$550	N/A
Change in rent Past 12 months	10.0%	N/A

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