Question 1

Is Telegraph Point a nice place to live?

Accepted Answer

Telegraph Point is a small riverside village on the Mid North Coast beside the Nambucca River. It has low-density rural-residential housing, riverfront blocks and stands of native bush close by.

It is an older community with many households owning their homes outright and a population of 604. The village supports boating and fishing on the river, and local work has included completed upgrades to the Log Wharf Reserve, with a new toilet block connected to sewer and improvements to the viewing area.

Question 2

Is it expensive to live in Telegraph Point?

Accepted Answer

There haven't been enough recent sales or rentals in Telegraph Point to put reliable figures on what homes cost to buy or rent. A typical local household earned about $1,514 a week at the last Census, but without current price or rent figures it's not possible to describe how expensive it is to live here 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 Telegraph Point a good place to invest?

Accepted Answer

Telegraph Point hasn't had enough recent sales to put reliable figures on how its house or unit prices and rents have moved. 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	4	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	47	39
Median household income weekly	$1,514	$1,829
Couples with children share of families	41.0%	44.7%
Couples without children share of families	44.1%	37.9%
One-parent families share of families	14.9%	15.8%
Homes owned outright share of homes	46.2%	32.6%
Homes with a mortgage share of homes	41.8%	33.6%
Homes rented share of homes	12.1%	33.7%

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