Question 1

Is South Kempsey a nice place to live?

Accepted Answer

South Kempsey sits on the southern bank of the Macleay River and has tree-lined streets, timber cottages, brick homes and a compact retail strip for everyday needs.

The community has incomes below the median for NSW, couples without children are the largest family group, and 34.5% of homes are rented. Parks, sporting fields and river reserves provide walking and picnic spots, while road links and the nearby Kempsey centre give access to larger shops, health services and community facilities. The South Kempsey Park Master Plan was formally adopted and outlines upgrades to drainage, parking and sporting facilities including improvements at Jim Stirling Oval.

Question 2

Is it expensive to live in South Kempsey?

Accepted Answer

For renters in South Kempsey, the available figures point to a significant share of local income going on rent. A typical local household earned about $1,074 a week at the last Census, and the average house rent is $500 a week. On those numbers, renting a house would take roughly 47% of a typical local household's weekly income, which is a large share of income. If you are renting, that rent share is the figure that matters when weighing how expensive the suburb is for you.

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 Kempsey a good place to invest?

Accepted Answer

For houses in South Kempsey, median values rose a solid 9.0% over the past 12 months, while house rents increased a modest 4.2%.

In other words, the movement for houses over the period was stronger on the capital growth side than on the rental income side.

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	9.0%	N/A
Sold Past 3 months	7	N/A
Median days on market Past 12 months	52	N/A
Average rent Past 12 months	$500	N/A
Change in rent Past 12 months	4.2%	N/A

	Suburb	NSW
Median age years	42	39
Median household income weekly	$1,074	$1,829
Couples with children share of families	33.6%	44.7%
Couples without children share of families	37.2%	37.9%
One-parent families share of families	26.8%	15.8%
Homes owned outright share of homes	36.0%	32.6%
Homes with a mortgage share of homes	29.5%	33.6%
Homes rented share of homes	34.5%	33.7%

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