Bungwahl is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). With a population of 249, the suburb has a mature demographic with a median age of 54. Households earn a median income of $62K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Bungwahl is $950,000, having surged 117.1% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,000.
Bungwahl is served by 1 school, including 1 primary. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Bungwahl offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.2x is considered stretched. House prices have moved +117.1% year-on-year.
Bungwahl is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2423). With a population of 249, the suburb has a mature demographic with a median age of 54. Households earn a median income of $62K per year, with an average household size of 2.1 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Bungwahl is $950,000, having surged 117.1% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,000.
Bungwahl is served by 1 school, including 1 primary. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Bungwahl offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($950K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 15.2x is considered stretched. House prices have moved +117.1% year-on-year.