Bulla, located in the City of Hume, Victoria, offers a semi-rural charm that appeals to those looking for respite from the hustle and bustle of urban Melbourne, while still maintaining a convenient proximity to the city. The housing market in Bulla is characterized by its mix of traditional homes, newer developments, and larger acreages, which offers potential buyers a wide variety of options depending on their needs and preferences. Despite its growth, Bulla has managed to retain a relatively low-profile market, with prices that are often more affordable compared to some of the more densely populated suburban areas. This affordability, coupled with its spacious properties, makes Bulla attractive to families and those seeking more room to breathe.
Living in Bulla offers a blend of tranquility and accessibility, making it a comfortable place to reside. The town has a village-like atmosphere with a close-knit community, which is perfect for those who appreciate a quieter, community-oriented lifestyle. Additionally, its location is quite strategic, as it is just a short drive from the Melbourne CBD and the Melbourne Airport, making commuting relatively easy for work or travel. Bulla’s natural surroundings, including parks and nearby creeks, provide plenty of opportunities for outdoor activities, adding to the quality of life. While it might not have all the amenities of a bustling metropolis, the peaceful environment and sense of community more than make up for it, catering well to those who value a laid-back lifestyle.
| Median Weekly Rent | $310.33 |
| Median Monthly Mortgage | $1688.83 |
| Median Persons Per bed houseroom | 0.75 |
| Average Household Size | 3.00 |
| Average Age | 46.33 |
| Average Income | $684.50 |
| Average Cars Per Dwelling | 2.60 |
| Average Properties Within 50M | 5 |
| Typical 1 bed house | |
| Typical 2 bed house | $1,038,000 |
| Typical 3 bed house | $1,326,000 |
| Typical 4 bed house | $1,711,000 |
| Typical 5 bed house | $1,940,000 |
| Typical 6 bed+ house | $1,310,000 |
Housing Stock
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Thinking about buying in Bulla? Now could not be a better time, with just 458 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,516,000 with prices in this suburb ranging from $646,000 to $3,814,000. The aproximate distance to the coast is 17 Km.
In Bulla 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Bulla due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Bulla changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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. With very low industrial sector presence in Bulla the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationGoonawarra Primary School
(While the above schools are located with the suburb of Bulla 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 | |
|---|---|---|---|---|---|---|---|
| Sept | 0.9 | 9.5 | 23.6 | 22.9 | 67.8 | 3.9 | 19.3 |
| Oct | 0.9 | 13.3 | 27.7 | 19.5 | 62.5 | 3.9 | 23.9 |
| Nov | 1.4 | 16.7 | 30.9 | 17.3 | 56.1 | 4.1 | 27.0 |
| Dec | 0.9 | 19.6 | 33.8 | 16.8 | 54.0 | 4.1 | 28.5 |
| Jan | 1.1 | 22.2 | 36.4 | 16.8 | 54.2 | 4.2 | 27.3 |
| Feb | 1.4 | 20.6 | 33.9 | 22.6 | 61.6 | 4 | 24.2 |
| Mar | 1.4 | 17.5 | 30.6 | 26.4 | 67.0 | 3.7 | 20.3 |
| Apr | 1.0 | 13.3 | 26.2 | 28.3 | 72.9 | 3.2 | 17.0 |
| May | 1.0 | 8.7 | 20.5 | 36.5 | 82.5 | 3.2 | 12.9 |
| Jun | 1.4 | 6.4 | 16.7 | 46.7 | 91.3 | 3.2 | 10.6 |
| Jul | 0.7 | 5.5 | 16.8 | 40.7 | 85.7 | 3.4 | 12.0 |
| Aug | 0.6 | 6 | 18.7 | 31.1 | 77.7 | 3.5 | 14.6 |
source: Australian Government Bureau of Meteorology
| 22-08-2017 | $7,108 | 3449 Baden Park Road |
| 22-08-2017 | $7,108 | 6499 Neckarbo Road |
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