Question 1

Is Welby a nice place to live?

Accepted Answer

Welby is a small Southern Highlands village with a rural-residential feel, set among rolling pastures, woodland and historic farming plots. Streets are lined with a mix of weatherboard and stone cottages, hobby farms and larger blocks, and the shops and services of Mittagong and Bowral are within easy reach. The suburb attracts people after a quieter, semi-rural lifestyle — families, retirees and those who enjoy gardening or small-scale hobby farming — and it also benefits from nearby historic Berrima and straightforward road links to regional centres.

About 764 people live in Welby, with a median age of 42 and a median household income of $1,357 a week (roughly $70,564 a year). Families are prominent, with couple families making up about three in four family households, and owner-occupation is common at about 67.6% of homes while roughly one in three are rented. Local investment includes a funded upgrade to the hockey complex for spectator shelters, and council planning has identified actions to maintain Welby Oval, upgrade play spaces and retain changerooms at Welby Heights Oval. Whether that suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Welby?

Accepted Answer

Welby hasn't had enough recent sales or rentals to put reliable figures on what homes cost to buy or rent. Without those figures, there isn't a clear picture of how expensive it is to live in Welby compared with local incomes recorded at the most recent Census.

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 Welby a good place to invest?

Accepted Answer

House values in Welby fell 5.6% over the past 12 months. That movement is the suburb’s measure of capital growth for houses over the year, so if capital growth is what you care about this is the number to note — it shows a notable decline in house values during the period. Whether that makes Welby the right investment for you will depend on your own goals and circumstances.

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	-5.6%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	66	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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