Bundanoon is a smaller suburb in New South Wales within the Wingecarribee local government area (postcode 2578). With a population of 2,869, the suburb has an older demographic with a median age of 59. Households earn a median income of $67K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Bundanoon is $1.0 million, having dropped significantly 8.7% over the past year. Units have a median price of $795,000 (-21.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,820.
Bundanoon is served by 1 school, including 1 primary. The average ICSEA score is 1036, which is around the national average of 1,000. Public transport access includes 8 rail stations, 26 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Bundanoon offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.9x is considered stretched. House prices have moved -8.7% year-on-year.
Bundanoon is a smaller suburb in New South Wales within the Wingecarribee local government area (postcode 2578). With a population of 2,869, the suburb has an older demographic with a median age of 59. Households earn a median income of $67K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Bundanoon is $1.0 million, having dropped significantly 8.7% over the past year. Units have a median price of $795,000 (-21.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,820.
Bundanoon is served by 1 school, including 1 primary. The average ICSEA score is 1036, which is around the national average of 1,000. Public transport access includes 8 rail stations, 26 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Bundanoon offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($1.0M/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.9x is considered stretched. House prices have moved -8.7% year-on-year.