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Bungawalbin
NSW, 2469 - Richmond Valley

Thinking about buying in Bungawalbin? Now could not be a better time, with just 151 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $956,000 with prices in this suburb ranging from $296,000 to $1,965,000. The aproximate distance to the coast is 15 Km.

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

Bungawalbin Real Estate Market Outlook

In Bungawalbin 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. Low average incomes in Bungawalbin is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Bungawalbin 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 Bungawalbin 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.

Properties for sale Bungawalbin

Ray White 360 BUNGAWALBIN WHIPORIE RD, BUNGAWALBIN, NSW, 2469 Beds0 Bathrooms0 Parking 0

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Bungawalbin 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.

Bungawalbin 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
Jan521.12866.994.63.824.9
Feb6.321.327.965.695.44.521.7
Mar4.220.427.466.897.14.118.3
Apr5.317.225.063.496.04.015.6
May3.913.522.063.395.13.412.6
Jun4.711.720.45993.33.511.1
Jul2.610.720.452.491.23.312.2
Aug2.610.921.545.589.83.615.6
Sept1.113.823.350.891.03.818.5
Oct3.116.224.558.893.14.021.7
Nov1.918.426.558.493.34.025.0
Dec2.619.827.262.994.63.925.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

29-09-2023 $510,000 175 MOONEM NEW ITALY RD
05-04-2023 $900,000 1125 NEILEYS LAGOON RD
16-12-2022 $300,000 145 MOONEM NEW ITALY RD
01-02-2022 $800,000 1125 NEILEYS LAGOON RD
13-07-2021 $985,000 1120 WOODBURN CORAKI RD
14-12-2020 $1,325,000 260 BUNGAWALBIN WHIPORIE RD
31-08-2020 $525,000 1730 BUNGAWALBIN WHIPORIE RD
31-03-2020 $385,000 955 WOODBURN CORAKI RD
23-03-2020 $10,000 1520 BUNGAWALBIN WHIPORIE RD
14-02-2020 $770,000 160 BUNGAWALBIN WHIPORIE RD
18-12-2019 $760,000 945 WOODBURN CORAKI RD
02-09-2019 $350,000 1530 BUNGAWALBIN WHIPORIE RD
13-11-2018 $555,000 25 BUNGAWALBIN WHIPORIE RD
09-02-2018 $190,000 1730 BUNGAWALBIN WHIPORIE RD
24-10-2017 $245,000 1475 BUNGAWALBIN-WHIPORIE RD
28-08-2017 $825,000 1630 BUNGAWALBIN-WHIPORIE RD
02-12-2015 $1,750,000 360 BUNGAWALBIN-WHIPORIE RD
17-09-2015 $300,000 195 MOONEM NEW ITALY RD
31-07-2015 $61,000 1110 BUNGAWALBIN-WHIPORIE RD
09-12-2013 $233,000 873 BUNGAWALBIN-WHIPORIE RD
25-07-2011 $575,000 1125 NEILEYS LAGOON RD
05-11-2010 $225,000 195 MOONEM NEW ITALY RD
30-09-2009 $600,000 360 BUNGAWALBIN WHIPORIE RD
24-10-2008 $345,000 1256 BUNGAWALBIN WHIPORIE RD
03-10-2006 $1,125,000 1630 BUNGAWALBIN WHIPORIE RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Bora RidgeWest BungawalbinSwan BayNew ItalyTabbimobleWest CorakiTrustums HillBox Ridge ReserveEllangowanWoodburn

Public Transport


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