Bungarribee

POSTAL CODE: NSW, 2767

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,475,000.

The upward trend in home prices in BUNGARRIBEE, 2767 averaged 7.95% per annum over a 3-year period.

Average weekly rents on listings have reached the $900 mark, reflecting a 3.17% increase in returns based on the current median price in BUNGARRIBEE.

An average of 1.75 real estate transactions take place per month in BUNGARRIBEE which translates to 21 per annum.

21 properties were sold in BUNGARRIBEE in 2016, making it the 892nd most active market in NSW based on total real estate transactions.

BUNGARRIBEE, 2767 places 90th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,475,000	N/A
Growth Report
Median Quarterly	8.06%	N/A
Median 12 month	8.86%	N/A
Median 3 years	23.85%	N/A
Median 5 years	58.43%	N/A
10 years average annual	6.59%	N/A
Weekly media advert. rent	$900	N/A
Time on Market	45.7 days	N/A
Gross Rental Yield Percent	3.17%	N/A

Demographics (Median Values)*

Total Population n.a.

Weekly Household Income n.a.

Household Size n.a.

Average Age n.a.

Monthly Loan Repayment n.a.

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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