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Bundamba

POSTAL CODE: QLD, 4304
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Homeowners and real estate investors betting on BUNDAMBA, 4304 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 20.46%.

A steady increase in median property prices over a five-year period in the suburb translates to a 62.22% capital gain.

Property investors in BUNDAMBA enjoyed capital gains of 20.46% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $730,000.

Profits due to an upward trend in home prices there averaged 20.74% per annum over a 3-year period.

Home owners selling their properties and realtors in BUNDAMBA usually have to wait an average of 35.4 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $550 mark, reflecting a 3.92% increase in returns based on the current median price in BUNDAMBA.

BUNDAMBA, 4304 places 223rd in Australia based on median property value growth during the quarter.

Surburb overview

Bundamba is a suburb located within the City of Ipswich, Queensland, approximately 6.3 kilometres east-northeast of the Ipswich Central Business District and about 35 kilometres southwest of Brisbane's Central Business District.

According to the 2021 Census, Bundamba had a population of 6,542 people. The suburb encompasses a mix of residential and industrial zones, with a variety of shops lining Brisbane Road.

The Bundamba railway station, part of the Queensland Rail City network, facilitates public transportation in Bundamba. The station provides regular services to Brisbane, Ipswich, and Rosewood, with trains departing every 15 minutes during peak times. The journey to Ipswich takes approximately 7 minutes, while the travel time to Brisbane's Central Station is around 51 minutes.

Essential establishments in the area include the Bundamba Advanced Water Treatment Plant, which supplies purified recycled water to the Swanbank Power Station. The suburb is also home to the Bundamba Fire Station, located at 61 Brisbane Road.

Recreational activities are abundant in Bundamba. The suburb features several parks, including Bundamba Memorial Park, which boasts a skate park, strength and agility stations, walking trails, and a zero-depth water play area. Sports facilities in the area include the Ipswich Knights Soccer Club and the Bundamba Swim & Gym Centre, which offers heated pools and a 24-hour gym.

Bundamba also features the Ipswich Racecourse, located at 219 Brisbane Road, which is a venue for horse racing events. Additionally, the Queensland Pioneer Steam Railway operates tourist services between Bundamba Racecourse railway station and Swanbank station, offering heritage train experiences.

Multiple bus routes, including the 500, 502, and 503, serve the suburb, providing connections to nearby areas such as Goodna and the Riverlink Shopping Centre.

Bundamba's infrastructure and amenities contribute to its role as a functional suburb within the Ipswich region.

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