Bungarby is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 80, the suburb has an older demographic with a median age of 58. Households earn a median income of $43K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Russian.
The median house price in Bungarby is $1.8 million, having surged 12.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,011.
Public transport access includes 3 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Bungarby offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 42.0x is considered stretched. House prices have moved +12.1% year-on-year.
Bungarby is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). With a population of 80, the suburb has an older demographic with a median age of 58. Households earn a median income of $43K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, labourers. The top ancestries reported are English, Australian, Russian.
The median house price in Bungarby is $1.8 million, having surged 12.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,011.
Public transport access includes 3 bus stops. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Bungarby offers a gross rental yield of 1.3%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 42.0x is considered stretched. House prices have moved +12.1% year-on-year.