Bungalora

Bungalora, NSW 2486 is a small suburb with a population of 73 residents, showing steady population growth over the years. The age distribution skews towards older residents, particularly in the 45 to 64 and 65 or over age groups. The median household income is moderate, and the suburb provides a mix of occupations, with a higher representation of Technicians and Tradeworkers among the residents. The majority of residents commute by motor vehicle. With a high median growth rate for houses and a low median days on market, Bungalora presents opportunities for property investors interested in capital gains. The suburb's affordability index is low, indicating potential for growth in property values. However, the limited number of property sales suggests a niche market with strong demand. Investors may find success in targeting renovation projects or long-term capital growth strategies. Bungalora, NSW 2486 offers a quiet lifestyle with a close-knit community. The suburb's strong property growth and low days on market make it an attractive prospect for investors looking for capital gains in the housing market. Despite its small population, Bungalora's demographics and steady growth indicate stability and potential for future development. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022