Question 1

Is Verges Creek a nice place to live?

Accepted Answer

Verges Creek is a small rural locality in the Nambucca Valley centred on its creek, with rolling farmland, pockets of native bush and timber cottages lining tree-lined country lanes.

It is an older community of 298 people, with many households owning their homes outright and couples without children the largest family group. Local life is shaped by primary production and outdoor pursuits such as bushwalking, fishing and small-scale hobby farming, and regional roads link residents to the nearby coastal towns of Nambucca Heads and Macksville for shops, schools and services. The Verges Creek Bridge on Verges Creek Road was replaced under Kempsey Shire Council's timber bridges replacement program, the timber span exchanged for a concrete bridge.

Question 2

Is it expensive to live in Verges Creek?

Accepted Answer

Verges Creek's typical household earned $1,525 a week at the most recent Census. There haven't been enough recent sales or rentals in Verges Creek to publish reliable house or unit prices and rents, 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 Verges Creek a good place to invest?

Accepted Answer

Verges Creek hasn't had enough recent sales to publish reliable figures on how house or unit values and rents have moved. Without that information, there isn't a clear picture of how the suburb 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	46	39
Median household income weekly	$1,525	$1,829
Couples with children share of families	40.7%	44.7%
Couples without children share of families	43.2%	37.9%
One-parent families share of families	11.1%	15.8%
Homes owned outright share of homes	51.1%	32.6%
Homes with a mortgage share of homes	42.0%	33.6%
Homes rented share of homes	6.8%	33.7%

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