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Bungalora
NSW, 2486 - Tweed

Thinking about buying in Bungalora? Now could not be a better time, with just 68 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,478,000 with prices in this suburb ranging from $549,000 to $4,715,000. Bungalora is located fairly close to the coast at just 7Km 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

Bungalora Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Bungalora 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 Bungalora 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 Bungalora 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 Bungalora

McGrath 28 thoroughbred pl, bungalora, nsw, 2486 Beds6 Bathrooms5 Parking 10 $3,350,000

Local Schools

Terranora Public School

Bilambil Public School

Tumbulgum Public School

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

Bungalora 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
Jan7.421.028.858.989.84.923.0
Feb8.421.128.959.091.34.721.0
Mar7.920.328.159.992.64.217.7
Apr5.917.025.855.591.73.816.5
May3.213.423.451.892.43.413.5
Jun4.111.621.254.592.43.512.0
Jul1.610.021.147.492.43.412.9
Aug1.310.422.642.792.23.615.9
Sept112.924.246.090.44.319.6
Oct4.015.925.25490.04.621.9
Nov2.118.527.154.989.64.925.2
Dec6.420.128.25890.54.724.5

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

29-11-2024 $2,200,000 17 ROCK RD
29-07-2024 $1,250,000 57 THOROUGHBRED PL
20-06-2024 $3,220,000 28 THOROUGHBRED PL
20-10-2023 $6,260,000 840 TERRANORA RD
27-03-2023 $1,200,000 56 THOROUGHBRED PL
20-12-2021 $2,540,000 6 THOROUGHBRED PL
12-04-2021 $1,185,000 824 TERRANORA RD
26-08-2020 $675,000 30 ROCK RD
23-01-2020 $3,270,000 840 TERRANORA RD
31-05-2019 $995,000 8 BALFOURS RD
21-03-2019 $400,000 51 THOROUGHBRED PL
22-12-2017 $995,000 887 TERRANORA RD
22-09-2017 $600,000 999 TERRANORA RD
30-01-2017 $935,000 66 BALFOURS RD
17-08-2015 $650,000 842 TERRANORA RD
03-03-2015 $671,000 824 TERRANORA RD
13-02-2015 $680,000 56 THOROUGHBRED PL
19-12-2014 $815,000 887 TERRANORA RD
08-12-2014 $1,765,000 28 THOROUGHBRED PL
10-09-2010 $1,150,000 858 TERRANORA RD
02-02-2009 $700,000 8 BALFOURS RD
14-02-2008 $1,330,000 112 BALFOURS RD
07-12-2007 $840,000 61 THOROUGHBRED PL
07-11-2007 $765,000 66 BALFOURS RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

North TumbulgumDurobyBilambilTerranoraTumbulgumUpper DurobyBilambil HeightsStotts CreekCobakiCarool

Public Transport


General Points of Interest

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