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All About West Bungawalbin, Richmond Valley, NSW, 2471

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Local Internet Speeds

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West Bungawalbin Real Estate Market Outlook

Thinking about buying in West Bungawalbin? Now could not be a better time, with just 56 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $578,000 with prices in this suburb ranging from $346,000 to $1,169,000. The aproximate distance to the coast is 21 Km.

In West 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 West 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 West 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 West 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.

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Local Schools

None within suburb boundary

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

West 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

23-09-2024 $399,000 2229 Myall Creek Road
17-05-2024 $800,000 2525 Myall Creek Road
04-03-2024 $325,000 2116 Myall Creek Road
14-09-2022 $487,500 211 Duke Road
10-06-2022 $440,000 245 Duke Road
22-04-2022 $475,000 2465 Myall Creek Road
20-12-2021 $275,000 108 Duke Road
27-11-2020 $299,000 2465 Myall Creek Road
28-05-2020 $190,000 2113 Myall Creek Road
25-03-2020 $230,000 2395 Myall Creek Road
08-01-2020 $700,000 1030 Avenue Road
23-10-2018 $170,000 20 Duke Road
28-09-2018 $430,000 5 Duke Road
29-06-2016 $290,000 2475 Myall Creek Road
22-10-2015 $350,000 1030 Avenue Road
16-10-2015 $444,000 155 Duke Road
09-07-2015 $300,000 35 Duchess Close
17-04-2015 $420,000 2100 Myall Creek Road
22-04-2014 $550,000 1475 Myall Creek Road
23-10-2013 $232,000 2465 Myall Creek Road
22-12-2009 $320,000 2475 Myall Creek Road
02-09-2009 $800,000 1030 Avenue Road
03-11-2008 $340,000 2500 Myall Creek Road
26-09-2007 $127,500 245 Duke Road
31-08-2006 $220,000 2475 Myall Creek Road

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Nearby Suburbs

BungawalbinMyrtle CreekBora RidgeEllangowanTabbimobleGibberageeWest CorakiNew ItalyJacky Bulbin FlatSwan Bay

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