Thinking about buying in Mount Bundey? Now could not be a better time, with just 17 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 57 Km.
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In Mount Bundey 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 Mount Bundey due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Mount Bundey classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mount Bundey requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Mount Bundey 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 Mount Bundey 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 Mount Bundey 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 | 14.0 | 24.7 | 34.0 | 56.7 | 96.8 | 1.3 | 21.4 |
Feb | 8.6 | 24.8 | 34.2 | 57.4 | 97.5 | 1.3 | 22.0 |
Mar | 4.0 | 24.2 | 35.2 | 47.6 | 98.0 | 1.0 | 23.8 |
Apr | 1.6 | 22.0 | 35.3 | 37.4 | 96.6 | 1.2 | 22.2 |
May | 0.2 | 18.8 | 33.6 | 28.8 | 81.8 | 1.8 | 20.5 |
Jun | 0 | 17.6 | 33.0 | 28.0 | 77.3 | 1.6 | 19.5 |
Jul | 0 | 16.0 | 33 | 20.6 | 72.9 | 1.7 | 20.4 |
Sept | 0 | 19 | 36.1 | 15.8 | 79.7 | 1.7 | 24.3 |
Oct | 0.2 | 23.6 | 38.9 | 16.9 | 84.5 | 1.8 | 25.4 |
Nov | 4.8 | 25.0 | 37.6 | 34.6 | 90.5 | 1.4 | 25.2 |
Dec | 4.2 | 25.4 | 37.6 | 36.4 | 89.9 | 1.3 | 25.0 |
source: Australian Government Bureau of Meteorology
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