Bungalora (postcode 2486) is a sparsely populated locality in New South Wales within the Tweed local government area. The area has roughly 73 residents and an older demographic, with a median age of 55. Households earn a median income of $75K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, professionals. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
Bungalora has a median house price of $2.2 million, which has surged by 121.1% year-on-year. The current median weekly rent is $870. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,733.
The crime rate in the Tweed LGA is below average at 3,518 incidents per 100,000 population.
On the investment side, Bungalora shows a gross rental yield of approximately 2.1%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 29.4x is considered stretched. House prices have moved +121.1% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.