Question 1

Is Ulmarra a nice place to live?

Accepted Answer

Ulmarra is a compact riverside village on the Clarence River with a historic main street and timber-built character. Set among river flats and farmland, it has a relaxed rural feel and a small village centre with cafés, independent shops, a pub and community facilities. Housing ranges from weatherboard cottages and lowset homes on generous blocks to newer riverside houses, so it tends to appeal to people seeking a quieter riverfront lifestyle, with the larger service centre of Grafton close by and regional roads providing access.

The community numbers 749 people with a median age of 49 and is weighted towards couple families; just over seven in ten homes are owner-occupied while 27.6% are rented, which suggests an established, owner-occupied feel. The town-centre upgrade has been completed and won an engineering award, the Ulmarra–Southgate cable ferry has ceased operation, and council is pursuing park and campground works, pedestrian and intersection improvements, sewerage planning and some bridge replacement projects affecting the area.

Question 2

Is it expensive to live in Ulmarra?

Accepted Answer

For Ulmarra the only available figure is the typical local household income as recorded at the most recent Census, which was $984 a week. There haven't been enough recent sales or rentals to publish reliable price and rent figures, so it isn't 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 Ulmarra a good place to invest?

Accepted Answer

House values in Ulmarra rose 6.8% over the past 12 months, a solid increase in the capital value of houses. If capital growth is your focus, that house movement is the key figure to note; there isn't enough recent data here to assess rental income or the unit side of the market.

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	6.8%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	68	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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