Question 1

Is South Arm a nice place to live?

Accepted Answer

South Arm is a small Mid North Coast locality with low coastal hills, pockets of bushland and several scenic outlooks.

It is an older community with incomes below the NSW median and many households owning their homes outright (50.5%); couples without children are the largest family group. Outdoor life is a feature, with fishing, bushwalking and other recreation on nearby waterways and coastal reserves, and local roads link residents to larger coastal towns for shops, schools and health services. The South Arm Road rehabilitation was completed under the federal Local Roads and Community Infrastructure program.

Question 2

Is it expensive to live in South Arm?

Accepted Answer

South Arm's typical local household earned about $900 a week at the most recent Census. There haven't been enough recent sales or rentals to publish reliable house or unit price or rent figures, so it isn't possible to describe how expensive it is to live in South Arm 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 South Arm a good place to invest?

Accepted Answer

South Arm hasn't had enough recent sales to put reliable figures on how its house or unit prices and rents have changed, which is common in smaller or quieter markets. Without that information, 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	N/A	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	$900	$1,829
Couples with children share of families	29.3%	44.7%
Couples without children share of families	45.1%	37.9%
One-parent families share of families	20.7%	15.8%
Homes owned outright share of homes	50.5%	32.6%
Homes with a mortgage share of homes	18.8%	33.6%
Homes rented share of homes	30.7%	33.7%

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