Thinking about buying in Bungowannah? Now could not be a better time, with just 128 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $883,000 with prices in this suburb ranging from $463,000 to $1,936,000. The aproximate distance to the coast is 226 Km.
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In Bungowannah 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 Bungowannah 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. The slightly lower than average earnings from occupations in Bungowannah 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. Lower than average industry presence in Bungowannah 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 Bungowannah a better buying opportunity than it may have been in the past.
KENTUCKY, 8 BOXWOOD PARK RD, BUNGOWANNAH, NSW, 2640 | For Sale Now or by Forthcoming Auction |
None within suburb boundary
(While the above schools are located with the suburb of Bungowannah 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 | 1.2 | 14.5 | 33.6 | 20.1 | 80.1 | 3.1 | 26.9 |
Feb | 2.0 | 14.2 | 31.4 | 28.4 | 87.4 | 2.7 | 23.4 |
Mar | 1.7 | 11.3 | 27.6 | 34.1 | 91.5 | 2.4 | 18.5 |
Apr | 1.2 | 7.1 | 23.0 | 42 | 95.4 | 1.9 | 14.4 |
May | 1.4 | 3.5 | 17.4 | 55.9 | 98.5 | 2.0 | 9.9 |
Jun | 1.3 | 1.9 | 14.1 | 66.7 | 98.8 | 1.8 | 8.5 |
Jul | 1.6 | 1.6 | 13.1 | 69.2 | 99.2 | 2.4 | 8.4 |
Aug | 1.6 | 2.0 | 14.3 | 61.6 | 98.8 | 2.4 | 11.3 |
Sept | 1.4 | 3.4 | 17.9 | 52.7 | 98.1 | 2.6 | 16.2 |
Oct | 1.9 | 5.6 | 22.0 | 42.6 | 97.2 | 2.7 | 21.3 |
Nov | 1.2 | 8.5 | 27.3 | 28.3 | 93.8 | 3.1 | 25.1 |
Dec | 1.5 | 11.5 | 30.4 | 22.5 | 87.3 | 3.2 | 27.5 |
source: Australian Government Bureau of Meteorology
05-04-2024 | $1,230,000 | 3091 RIVERINA HWY |
10-11-2023 | $780,000 | 9 DIGHT DR |
06-04-2023 | $3,500,000 | 8 BOXWOOD PARK RD |
16-09-2022 | $6,930,000 | 31 MAYFIELD RD |
01-08-2022 | $3,900,000 | 923 BUNGOWANNAH RD |
28-04-2022 | $700,000 | 115 YAPARRA RD |
14-01-2022 | $7,025,000 | 3859 RIVERINA HWY |
13-12-2021 | $1,625,000 | 86 METHODIST RD |
27-09-2021 | $635,000 | 3832 RIVERINA HWY |
02-06-2021 | $700,000 | 3901 RIVERINA HWY |
28-05-2020 | $390,000 | 173 METHODIST RD |
04-05-2020 | $620,000 | 921 BUNGOWANNAH RD |
30-03-2020 | $4,290,000 | 198 HUMPHREYS RD |
28-02-2020 | $1,600,000 | 115 YAPARRA RD |
07-02-2020 | $2,378,504 | 150 KENSALL GREEN RD |
03-07-2019 | $5,906,950 | 215 RIVERINA HWY |
05-12-2018 | $3,600,000 | 3881 RIVERINA HWY |
11-10-2018 | $225,000 | 211 HOVELL RD |
12-07-2018 | $126,000 | 3864 RIVERINA HWY |
26-03-2018 | $270,000 | 3832 RIVERINA HWY |
08-02-2017 | $570,000 | 3109 RIVERINA HWY |
31-01-2017 | $2,300,000 | 813 BUNGOWANNAH RD |
12-09-2016 | $630,000 | 3901 RIVERINA HWY |
18-12-2015 | $310,000 | 1135 BUNGOWANNAH RD |
24-08-2015 | $480,000 | 3091 RIVERINA HWY |
16-12-2013 | $960,000 | 2770 RIVERINA HWY |
16-12-2011 | $365,000 | 1432 BUNGOWANNAH RD |
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