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.
Median Weekly Rent | $ |
Median Monthly Mortgage | $ |
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Average Household Size | |
Average Age | |
Average Income | $ |
Average Cars Per Dwelling | |
Average Properties Within 50M |
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.
28 thoroughbred pl, bungalora, nsw, 2486 | 6 | 5 | 10 | $3,350,000 |
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)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 7.4 | 21.0 | 28.8 | 58.9 | 89.8 | 4.9 | 23.0 |
Feb | 8.4 | 21.1 | 28.9 | 59.0 | 91.3 | 4.7 | 21.0 |
Mar | 7.9 | 20.3 | 28.1 | 59.9 | 92.6 | 4.2 | 17.7 |
Apr | 5.9 | 17.0 | 25.8 | 55.5 | 91.7 | 3.8 | 16.5 |
May | 3.2 | 13.4 | 23.4 | 51.8 | 92.4 | 3.4 | 13.5 |
Jun | 4.1 | 11.6 | 21.2 | 54.5 | 92.4 | 3.5 | 12.0 |
Jul | 1.6 | 10.0 | 21.1 | 47.4 | 92.4 | 3.4 | 12.9 |
Aug | 1.3 | 10.4 | 22.6 | 42.7 | 92.2 | 3.6 | 15.9 |
Sept | 1 | 12.9 | 24.2 | 46.0 | 90.4 | 4.3 | 19.6 |
Oct | 4.0 | 15.9 | 25.2 | 54 | 90.0 | 4.6 | 21.9 |
Nov | 2.1 | 18.5 | 27.1 | 54.9 | 89.6 | 4.9 | 25.2 |
Dec | 6.4 | 20.1 | 28.2 | 58 | 90.5 | 4.7 | 24.5 |
source: Australian Government Bureau of Meteorology
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 |
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