Suburb Profile Report for Bundanoon NSW (2578)

Bundanoon House: Median price $735,000, Annual capital growth 7.84%, Number of sales 69, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Over the last year, property investments in Bundanoon, 2578 have given investors a capital gain of -3.92%. This compares badly with the 0.15% for NSW as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Bundanoon comes in at number 903th in NSW.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.70% offered to property buyers. Sellers in Bundanoon itself are offering an average vendor discount of -6.24% to real estate investors.

On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 7.84%, investors should hope to achieve an overall return of 3.54%

Metrics i HOUSE UNIT
$735,000 N/A
-1.34% N/A
-3.92% N/A
7.84% N/A
$500 N/A
69 N/A
3.54% N/A
143.377358490566 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2419
Median household income ($/weekly) 871
Median age of persons 53
Median housing loan repayment ($/monthly) 1700
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 264 10.9
    35-44 years 259 10.7
    45-54 years 317 13.1
    55-64 years 449 18.6
    65-74 years 425 17.6
    Others 706 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 948 54.6
    Not Married 641 36.9
    Defacto Relationship 148 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1860 80.3
    Greece 21 0.9
    Papua New Guinea 42 1.8
    United Kingdom 254 11.0
    Other 39 1.7
    Others 101 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1596 71.4
    No Religion 576 25.8
    Buddhism 46 2.1
    Other Religious Groups 10 0.4
    Judaism 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 133 15.3
    $600-$799 114 13.1
    $800-$999 118 13.6
    $1,000-$1,249 86 9.9
    $1,500-$1,999 85 9.8
    Others 331 38.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 972 49.6
    Employed, worked full-time 488 24.9
    Employed, worked part-time 402 20.5
    Employed, away from work 54 2.8
    Unemployed, looking for work 42 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 121 12.9
    Professionals 220 23.5
    Technicians & trades workers 143 15.2
    Community & personal service workers 118 12.6
    Clerical & administrative workers 109 11.6
    Others 227 24.2
    Occupation
    Census Count Percent(%)
    Pre-school 50 11.0
    Infants/Primary 171 37.7
    Secondary 130 28.7
    Technical or Further Educational Institution 49 10.8
    University or other Tertiary Institutions 41 9.1
    Others 12 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2075 97.9
    Flat, unit or apartment 32 1.5
    House or flat attached to a shop, office 8 0.4
    Semi-detached, row or terrace house, townhouse 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 506 53.3
    Being purchased 301 31.7
    Rented 135 14.2
    Other tenure type 7 0.7
    Tenure Type
Census 2011, ABS
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