Thinking about buying in Bungalora? Now could not be a better time, with just 68 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,478,000 with prices in this suburb ranging from $549,000 to $4,715,000. Bungalora is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Bungalora Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Bungalora due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Bungalora 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. With very low industrial sector presence in Bungalora 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.
Properties for sale Bungalora
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28 THOROUGHBRED PL, BUNGALORA, NSW, 2486 |  6 |
 5 |
 10 |
$3,350,000 |
Local Schools
Terranora Public School
Bilambil Public School
Tumbulgum Public School
(While the above schools are located with the suburb of Bungalora there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Bungalora weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 7.4 | 21.0 | 28.8 | 58.9 | 89.8 | 4.9 | 23.0 |
| Feb | 8.4 | 21.1 | 28.9 | 59.0 | 91.3 | 4.7 | 21.0 |
| Mar | 7.9 | 20.3 | 28.1 | 59.9 | 92.6 | 4.2 | 17.7 |
| Apr | 5.9 | 17.0 | 25.8 | 55.5 | 91.7 | 3.8 | 16.5 |
| May | 3.2 | 13.4 | 23.4 | 51.8 | 92.4 | 3.4 | 13.5 |
| Jun | 4.1 | 11.6 | 21.2 | 54.5 | 92.4 | 3.5 | 12.0 |
| Jul | 1.6 | 10.0 | 21.1 | 47.4 | 92.4 | 3.4 | 12.9 |
| Aug | 1.3 | 10.4 | 22.6 | 42.7 | 92.2 | 3.6 | 15.9 |
| Sept | 1 | 12.9 | 24.2 | 46.0 | 90.4 | 4.3 | 19.6 |
| Oct | 4.0 | 15.9 | 25.2 | 54 | 90.0 | 4.6 | 21.9 |
| Nov | 2.1 | 18.5 | 27.1 | 54.9 | 89.6 | 4.9 | 25.2 |
| Dec | 6.4 | 20.1 | 28.2 | 58 | 90.5 | 4.7 | 24.5 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 29-07-2024 | $1,250,000 | 57 THOROUGHBRED PL |
| 20-06-2024 | $3,220,000 | 28 THOROUGHBRED PL |
| 20-10-2023 | $6,260,000 | 840 TERRANORA RD |
| 27-03-2023 | $1,200,000 | 56 THOROUGHBRED PL |
| 20-12-2021 | $2,540,000 | 6 THOROUGHBRED PL |
| 12-04-2021 | $1,185,000 | 824 TERRANORA RD |
| 26-08-2020 | $675,000 | 30 ROCK RD |
| 23-01-2020 | $3,270,000 | 840 TERRANORA RD |
| 31-05-2019 | $995,000 | 8 BALFOURS RD |
| 21-03-2019 | $400,000 | 51 THOROUGHBRED PL |
| 22-12-2017 | $995,000 | 887 TERRANORA RD |
| 22-09-2017 | $600,000 | 999 TERRANORA RD |
| 30-01-2017 | $935,000 | 66 BALFOURS RD |
| 17-08-2015 | $650,000 | 842 TERRANORA RD |
| 03-03-2015 | $671,000 | 824 TERRANORA RD |
| 13-02-2015 | $680,000 | 56 THOROUGHBRED PL |
| 19-12-2014 | $815,000 | 887 TERRANORA RD |
| 08-12-2014 | $1,765,000 | 28 THOROUGHBRED PL |
| 10-09-2010 | $1,150,000 | 858 TERRANORA RD |
| 02-02-2009 | $700,000 | 8 BALFOURS RD |
| 14-02-2008 | $1,330,000 | 112 BALFOURS RD |
| 07-12-2007 | $840,000 | 61 THOROUGHBRED PL |
| 07-11-2007 | $765,000 | 66 BALFOURS RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Broadbeach North - Greater then 10KM
Broadbeach South - Greater then 10KM
Cavill Avenue - Greater then 10KM
Cypress Avenue - Greater then 10KM
Florida Gardens - Greater then 10KM
Northcliffe - Greater then 10KM
Surfers Paradise North - Greater then 10KM
Surfers Paradise - Greater then 10KM
HOTA, Home of the Arts - Greater then 10KM
Surfers Paradise Ferry Terminal - Greater then 10KM
General Points of Interest
South Tweed Indoor Swimming Complex - Less than 10 KM
Catch A Crab Tour - Less than 10 KM
Piggabeen Sports Complex - Less than 10 KM
Coolangatta & Tweed Heads Golf Club - Less than 10 KM
Club Banora Golf Club - Less than 10 KM
Piggabeen Sports Complex - Less than 10 KM
Tweed City Shopping Centre - Less than 10 KM
Pioneer Country - Less than 10 KM
South Sea Islander Memorial - Less than 10 KM
Southern Cross University - Less than 10 KM
Recreation Centre - Less than 10 KM
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