Bundagen is a quiet locality in New South Wales within the Coffs Harbour local government area (postcode 2454). With a population of 96, the suburb has a mature demographic with a median age of 52. Households earn a median income of $38K per year, with an average household size of 2 people. The most common occupations are community & personal service, professionals, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Bundagen is $880,000, having remained flat 0% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,000.
Public transport access includes 1 bus stop. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Bundagen offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($880K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 23.3x is considered stretched. House prices have moved +0.0% year-on-year.
Bundagen is a quiet locality in New South Wales within the Coffs Harbour local government area (postcode 2454). With a population of 96, the suburb has a mature demographic with a median age of 52. Households earn a median income of $38K per year, with an average household size of 2 people. The most common occupations are community & personal service, professionals, sales. The top ancestries reported are English, Australian, Scottish.
The median house price in Bundagen is $880,000, having remained flat 0% over the past year. The current median weekly rent is $494. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,000.
Public transport access includes 1 bus stop. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Bundagen offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($880K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 23.3x is considered stretched. House prices have moved +0.0% year-on-year.