Bundabah is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2324). With a population of 140, the suburb has an older demographic with a median age of 59. Households earn a median income of $48K per year, with an average household size of 2.1 people. The most common occupations are clerical & administrative, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Bundabah is $710,000, having surged 77.5% over the past year. The current median weekly rent is $578. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,531.
Public transport access includes 2 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Bundabah offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +77.5% year-on-year.
Bundabah is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2324). With a population of 140, the suburb has an older demographic with a median age of 59. Households earn a median income of $48K per year, with an average household size of 2.1 people. The most common occupations are clerical & administrative, professionals, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Bundabah is $710,000, having surged 77.5% over the past year. The current median weekly rent is $578. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,531.
Public transport access includes 2 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Bundabah offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.8x is considered stretched. House prices have moved +77.5% year-on-year.