Bundaberg North is a mid-sized suburb in Queensland within the Bundaberg local government area (postcode 4670). With a population of 5,563, the suburb has a mature demographic with a median age of 49. Households earn a median income of $49K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Bundaberg North is $455,000, having surged 12.3% over the past year. Units have a median price of $290,000 (-3.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.3%. The median monthly mortgage repayment is $1,083.
Bundaberg North is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 919, which is below the national average of 1,000. The crime rate in the Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.
From an investment perspective, Bundaberg North offers a gross rental yield of 6.3%, rated as high yield. Property prices sit below the state median ($455K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +12.3% year-on-year.
Bundaberg North is a mid-sized suburb in Queensland within the Bundaberg local government area (postcode 4670). With a population of 5,563, the suburb has a mature demographic with a median age of 49. Households earn a median income of $49K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Bundaberg North is $455,000, having surged 12.3% over the past year. Units have a median price of $290,000 (-3.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 6.3%. The median monthly mortgage repayment is $1,083.
Bundaberg North is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 919, which is below the national average of 1,000. The crime rate in the Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.
From an investment perspective, Bundaberg North offers a gross rental yield of 6.3%, rated as high yield. Property prices sit below the state median ($455K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +12.3% year-on-year.