Bundemar NSW

Postcode 2823 · Narromine LGA

Bundemar is a quiet locality in New South Wales within the Narromine local government area (postcode 2823). With a population of 38, the suburb has an established demographic with a median age of 41. Households earn a median income of $110K per year, with an average household size of 3.1 people. The most common occupations are managers, community & personal service, professionals. The top ancestries reported are English, Australian, Irish.

The median house price in Bundemar is $200,000, having dropped significantly 93.2% over the past year. The median monthly mortgage repayment is $1,084.

Public transport access includes 4 bus stops. The crime rate in the Narromine LGA is moderate at 5,846 incidents per 100,000 population.

From an investment perspective, Property prices sit below the state median ($200K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.8x is considered affordable. House prices have moved -93.2% year-on-year.

INVESTMENT SIGNALS
Price vs State$200K/$1.5M Below Median
Affordability1.8x Affordable
Price Momentum-93.2% Falling
SEIFA INDEX (ABS)
Advantage10/10
Education10/10
Economic7/10
Disadvantage10/10
MEDIAN HOUSE
$200K
-93.2% YoY
MEDIAN RENT /WK
POPULATION
38
DEMOGRAPHICS
Median Age41
Household Size3.1
HH Income /wk$2,124
Personal Income /wk$1041
Mortgage /mth$1,084
CRIME (Narromine LGA)
Crime Rate (per 100k)5,846
Total Incidents376
TRANSPORT
Bus Stops4
Data: 2024