Located in Queensland within the Gold Coast local government area, Bundall is a smaller suburb (postcode 4217). It is home to about 4,895 residents, with a settled mid-life population and a median age of 41. Households earn a median income of $102K per year, with an average household size of 2.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.8% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, sales. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Bundall stand at $2.1 million, having climbed sharply by 12.2% over the last twelve months. Units have a median price of $587,000 (+4.9% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,600.
Public transport access includes 9 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Gold Coast LGA is moderate at 5,699 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.0%, which reads as low yield. Property prices are above the state median ($2.1M/$1.1M), placing it in the premium segment. The price-to-income ratio of 20.4x is considered stretched. House prices have moved +12.2% year-on-year. Population growth of +1.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.