Thinking about buying in Bungwahl? Now could not be a better time, with just 216 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,429,000 with prices in this suburb ranging from $278,000 to $3,054,000. Bungwahl is located fairly close to the coast at just 2Km 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 | $346.67 |
| Median Monthly Mortgage | $1302.00 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 52.67 |
| Average Income | $570.33 |
| Average Cars Per Dwelling | 1.92 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 1 Bed $1,281,000 |
| 2 Bed $1,336,000 |
| 3 Bed $1,165,000 |
| 4 Bed $1,352,000 |
| 5 Bed $1,031,000 |
| 6 Bed+$1,181,000 |
Bungwahl Real Estate Market Outlook
In Bungwahl 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 Bungwahl 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 Bungwahl 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 Bungwahl 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.
Houses for sale Bungwahl
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2632 THE LAKES WAY, BUNGWAHL, NSW, 2423 |  2 |
 1 |
Under Contract |
Local Schools
Bungwahl Public School
(While the above schools are located with the suburb of Bungwahl there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Bungwahl 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 | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
| Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
| Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
| Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
| May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
| Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
| Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
| Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
| Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
| Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
| Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
| Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 25-10-2024 | $475,000 | 2471 THE LAKES WAY |
| 02-07-2024 | $320,000 | 2807 THE LAKES WAY |
| 09-05-2024 | $700,000 | 2552 THE LAKES WAY |
| 13-11-2023 | $465,000 | 2632 THE LAKES WAY |
| 27-10-2023 | $1,540,000 | 23 RACECOURSE RD |
| 10-07-2023 | $1,390,000 | 62 TOPI RD |
| 22-06-2023 | $1,510,000 | 165 SEAL ROCKS RD |
| 16-01-2023 | $1,225,000 | 42 TOPI RD |
| 19-12-2022 | $610,000 | 111 SEAL ROCKS RD |
| 04-10-2022 | $1,140,000 | 116 RACECOURSE RD |
| 18-08-2022 | $2,200,000 | 17 SEAL ROCKS RD |
| 01-07-2022 | $860,000 | 187 SEAL ROCKS RD |
| 24-06-2022 | $1,100,000 | 95 SEAL ROCKS RD |
| 22-04-2022 | $3,100,000 | 10 THOMAS PL |
| 17-03-2022 | $800,000 | 119 SEAL ROCKS RD |
| 31-01-2022 | $950,000 | 145 SEAL ROCKS RD |
| 17-12-2021 | $865,000 | 75 SEAL ROCKS RD |
| 15-09-2021 | $1,900,000 | 4 THOMAS PL |
| 31-08-2021 | $799,000 | 93 TOPI RD |
| 11-06-2021 | $817,000 | 117 SEAL ROCKS RD |
| 30-04-2021 | $1,050,000 | 2809 THE LAKES WAY |
| 25-02-2021 | $715,000 | 50 SEAL ROCKS RD |
| 03-02-2021 | $1,310,000 | 95 RACECOURSE RD |
| 10-12-2020 | $1,295,000 | 182 SUGAR CREEK RD |
| 06-10-2020 | $30,000 | 1 SEAL ROCKS RD |
| 08-09-2020 | $1,210,000 | 105 DOGWOOD RD |
| 10-07-2020 | $485,000 | 101 SEAL ROCKS RD |
| 02-03-2020 | $600,000 | 2600 THE LAKES WAY |
| 28-02-2020 | $770,000 | 119 RACECOURSE RD |
| 17-01-2020 | $775,000 | 44 RACECOURSE RD |
| 16-12-2019 | $275,000 | 125 SEAL ROCKS RD |
| 10-10-2019 | $682,000 | 23 RACECOURSE RD |
| 19-06-2019 | $1,140,000 | 116 RACECOURSE RD |
| 19-12-2018 | $675,000 | 280 BARBIES RD |
| 06-12-2018 | $850,000 | 95 DOGWOOD RD |
| 20-11-2018 | $400,000 | 137 SUGAR CREEK RD |
| 29-10-2018 | $515,000 | 101 DOGWOOD RD |
| 11-10-2018 | $375,000 | 2523 THE LAKES WAY |
| 04-10-2018 | $785,000 | 3 BARBIES RD |
| 18-09-2018 | $330,000 | 2611 THE LAKES WAY |
| 20-08-2018 | $400,000 | 55 SUGAR CREEK RD |
| 13-06-2018 | $1,700,000 | 56 CORRIGANS LANE |
| 05-06-2018 | $200,000 | 91 DOGWOOD RD |
| 30-04-2018 | $515,000 | 145 SEAL ROCKS RD |
| 03-04-2018 | $725,000 | 1191 WATTLEY HILL RD |
| 22-02-2018 | $487,000 | 73 SEAL ROCKS RD |
| 08-12-2017 | $420,000 | 133 SEAL ROCKS RD |
| 30-11-2017 | $690,000 | 1213 WATTLEY HILL RD |
| 10-10-2017 | $700,000 | 158 SUGAR CREEK RD |
| 03-07-2017 | $885,000 | 10 THOMAS PL |
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