Thinking about buying in Babungi? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
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| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
In Babungi there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Babungi is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Babungi leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Babungi we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Babungi a better buying opportunity than it may have been in the past.
None within suburb boundary
(While the above schools are located with the suburb of Babungi there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 10.1 | 26.8 | 34.2 | 57.6 | 88.4 | 4.9 | 21.0 |
| Feb | 5.5 | 27.0 | 34.4 | 53.2 | 86.0 | 4.7 | 22.1 |
| Mar | 3.0 | 27.2 | 34.3 | 53.5 | 85.9 | 4.5 | 22.8 |
| Apr | 3.7 | 25.9 | 32.4 | 51.6 | 85.1 | 5.6 | 21.0 |
| May | 0.1 | 22.3 | 29.4 | 44.6 | 86.3 | 6 | 19.4 |
| Jun | 0.0 | 20.4 | 27.7 | 45.2 | 88.2 | 5.9 | 18.5 |
| Jul | 0.0 | 19.6 | 27.3 | 44.2 | 89.3 | 5.4 | 19.9 |
| Aug | 0.1 | 19.8 | 28.5 | 42.4 | 90.3 | 5.1 | 21.7 |
| Sept | 0.2 | 22.9 | 31.6 | 45.1 | 89.6 | 4.9 | 25.1 |
| Oct | 0 | 24.4 | 33.4 | 46.3 | 87.2 | 4.8 | 27.3 |
| Nov | 3.5 | 26.3 | 35.0 | 48.3 | 85.4 | 4.8 | 25.4 |
| Dec | 4.8 | 27.1 | 35 | 55.0 | 86.6 | 5.0 | 21.0 |
source: Australian Government Bureau of Meteorology
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