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All About Bungardi, Derby-West Kimberley, WA, NULL

The housing market in Bungardi, a locality within the Derby-West Kimberley region of Western Australia, reflects the unique characteristics of this remote yet culturally rich area. This region often sees lower housing prices compared to urban centers like Perth, mainly due to its geographical location and the smaller scale of its local economy. Homebuyers and investors interested in Bungardi typically find a selection of properties ranging from modest single-family homes to larger rural estates, often characterized by expansive plots of land. The area's housing market can be appealing to those looking for affordability and opportunities to invest in real estate with the potential for growth as infrastructure and tourism in the region continue to develop. However, the market can also be constrained by factors such as limited accessibility and a relatively smaller pool of potential buyers, which might affect the liquidity and long-term appreciation of properties.

Living in Bungardi offers a tranquil lifestyle infused with the natural beauty and cultural significance of the Derby-West Kimberley region. Residents enjoy a close-knit community environment with strong ties to Indigenous culture and heritage, which can be seen in local festivals and events that celebrate the area's rich history. The surroundings feature stunning landscapes, including access to the Kimberley’s iconic gorges, rivers, and expansive outback, making it a paradise for those who appreciate outdoor activities such as hiking, fishing, and birdwatching. Despite its remote location, Bungardi provides essential amenities and services typical of small towns, though residents may need to travel to larger towns like Derby for certain needs. Life here is defined by a slower pace, the warmth of community connection, and a deep appreciation for the natural world, offering a distinctive alternative to the bustling life of more urbanized areas.

Household Makeup

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Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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Bungardi Real Estate Market Outlook

Thinking about buying in Bungardi? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.

In Bungardi 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 Bungardi 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 Bungardi 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. Lower than average population density constrains growth in Bungardi to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

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Local Schools

None within suburb boundary

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

Local Crime Rate

Incidents Trend State Average

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Bungardi weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
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Max (%)
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(m/sec)
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(MJ/sq m)
SOLAR
Jan6.125.337.538.686.83.723.9
Feb4.224.637.137.489.43.124.3
Mar3.324.037.832.284.52.923.0
Apr0.821.337.322.471.92.821.6
May0.516.333.721.360.92.918.9
Jun014.531.620.959.92.918.0
Jul0.112.431.416.857.42.918.6
Aug0.213.433.312.145.63.121.1
Sept0.018.137.710.947.33.225.0
Oct0.723.440.613.159.23.527.5
Nov1.225.44119.070.43.828.0
Dec4.325.939.728.379.33.826.0

source: Australian Government Bureau of Meteorology




General Points of Interest


Nearby Suburbs

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