Bundeena is a smaller suburb in New South Wales within the Sutherland Shire local government area (postcode 2230). With a population of 2,103, the suburb has a mature demographic with a median age of 50. Households earn a median income of $95K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bundeena is $1.2 million, having dropped significantly 8.9% over the past year. Units have a median price of $1.5 million (+23.3% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,600.
Bundeena is served by 1 school, including 1 primary. The average ICSEA score is 1067, which is above the national average of 1,000. Public transport access includes 2 rail stations, 11 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Bundeena offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 12.9x is considered stretched. House prices have moved -8.9% year-on-year.
Bundeena is a smaller suburb in New South Wales within the Sutherland Shire local government area (postcode 2230). With a population of 2,103, the suburb has a mature demographic with a median age of 50. Households earn a median income of $95K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bundeena is $1.2 million, having dropped significantly 8.9% over the past year. Units have a median price of $1.5 million (+23.3% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,600.
Bundeena is served by 1 school, including 1 primary. The average ICSEA score is 1067, which is above the national average of 1,000. Public transport access includes 2 rail stations, 11 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Bundeena offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 12.9x is considered stretched. House prices have moved -8.9% year-on-year.