Bundarra is a small community in New South Wales within the Uralla local government area (postcode 2359). With a population of 674, the suburb has a mature demographic with a median age of 48. Households earn a median income of $50K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Bundarra is $324,000, having surged 11.7% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $953.
Bundarra is served by 1 school, including 1 combined. The average ICSEA score is 874, which is well below the national average of 1,000. Public transport access includes 35 bus stops. The crime rate in the Uralla LGA is below average at 2,592 incidents per 100,000 population.
From an investment perspective, Bundarra offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($324K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.5x is considered moderate. House prices have moved +11.7% year-on-year.
Bundarra is a small community in New South Wales within the Uralla local government area (postcode 2359). With a population of 674, the suburb has a mature demographic with a median age of 48. Households earn a median income of $50K per year, with an average household size of 2.5 people. The most common occupations are managers, labourers, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Bundarra is $324,000, having surged 11.7% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $953.
Bundarra is served by 1 school, including 1 combined. The average ICSEA score is 874, which is well below the national average of 1,000. Public transport access includes 35 bus stops. The crime rate in the Uralla LGA is below average at 2,592 incidents per 100,000 population.
From an investment perspective, Bundarra offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($324K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.5x is considered moderate. House prices have moved +11.7% year-on-year.