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Bungama
SA, 5540 - Port Pirie

Thinking about buying in Bungama? Now could not be a better time, with just 93 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $308,000 with prices in this suburb ranging from $57,000 to $376,000. Bungama is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Bungama Real Estate Market Outlook

In Bungama there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Bungama due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Bungama leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Bungama the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Bungama there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Bungama weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.618.531.032.479.56.227.5
Feb118.029.438.181.65.724.4
Mar0.616.127.440.184.15.020.0
Apr0.812.224.139.586.04.315.0
May0.79.120.544.989.63.911.7
Jun16.517.153.394.34.010.2
Jul0.65.517.846.693.14.410.7
Aug0.55.818.342.090.94.613.4
Sept0.48.522.932.586.55.118.7
Oct0.611.524.833.283.25.423.7
Nov0.513.827.032.882.95.827.1
Dec1.016.128.333.881.05.829.8

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

CoonamiaPort Pirie SouthSolomontownWarnertownPort PiriePort Pirie WestNapperbyGermein BayRisdon Park SouthPirie East

Public Transport


General Points of Interest

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