Thinking about buying in Brungle? Now could not be a better time, with just 131 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,621,000 with prices in this suburb ranging from $55,000 to $1,878,000. The aproximate distance to the coast is 183 Km.

Brungle Real Estate Market Outlook

In Brungle 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 Brungle 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 Brungle 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 Brungle 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 Brungle

16 BRUNGLE CREEK RD, BRUNGLE, NSW, 2722

3

1

1

$850,000

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Recently Sold Properties / House Prices

15-05-2023	$880,000	1616 BRUNGLE RD
21-03-2023	$300,000	17 BRAY ST
29-08-2022	$1,481,234	2145 DARBALARA RD
11-04-2022	$370,000	13 BRAY ST
13-09-2021	$60,000	16 BRUNGLE CREEK RD
02-06-2021	$180,000	1378 BRUNGLE RD
19-02-2020	$65,000	14 ADAMS ST
26-07-2019	$125,000	1308 BRUNGLE RD
16-07-2019	$180,000	21 BRAY ST
13-03-2019	$40,000	16 BRUNGLE CREEK RD
09-11-2018	$15,000	29 KILLIMICAT ST
28-06-2018	$2,370,000	1344 BRUNGLE CREEK RD
19-01-2018	$9,500	16 BRUNGLE CREEK RD
24-12-2015	$70,000	1307 BRUNGLE RD
12-05-2014	$128,000	1404 BRUNGLE RD
22-11-2013	$150,000	1418 BRUNGLE RD
21-11-2013	$690,000	233 NIMBO RD
20-12-2011	$7,500	29 KILLIMICAT ST
19-05-2010	$630,000	2166 DARBALARA RD
12-10-2009	$238,000	13 BRAY ST
05-05-2009	$7,500	6 SHORT ST
23-10-2008	$24,000	14 SHORT ST
26-07-2007	$178,000	21 BRAY ST

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Nearby Suburbs

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