Bungendore

Bungendore, NSW 2621 boasts a population of 4745 with a balanced age distribution and a growing community. The suburb offers a range of commute options with a significant number of residents working from home. Residents have access to a good mix of occupations, with professionals, managers, and technicians being the top three occupations. The suburb has a diverse range of residents and a moderate educational advantage for students attending government schools. For houses in Bungendore, the sale price range is broad, with potential for renovators given the high Sale Price IQR Ratio. The market shows moderate demand as indicated by the market absorption rate. Buyers enjoy a discount on the median sale price, and there is a balanced rental market with a reasonable vacancy rate. For units, Bungendore offers a low vacancy rate and a moderate yield, albeit with limited property turnover. Bungendore, NSW 2621 presents a growing community with diverse demographics and a reasonable educational advantage for students. The investment market offers opportunities for both house and unit owners, with potential for value growth and rental income. The suburb's proximity to Canberra and tranquil lifestyle make it an attractive option for homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022