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Bulli suburb profile

Bulli is a picturesque coastal suburb located in the northern Illawarra region of New South Wales, approximately 70km south of Sydney. Known for its stunning beaches and relaxed lifestyle, Bulli offers a perfect blend of natural beauty and modern amenities. The suburb is popular among families and surfers, with Bulli Beach being a major attraction. Its rich history is reflected in heritage buildings and the Bulli Black Diamond Museum. With a strong sense of community, local markets, and easy access to the Royal National Park, Bulli provides a serene yet vibrant environment for residents and visitors alike.

Bulli property market performance

Bulli’s property market has seen notable changes over the past 12 months, particularly for houses. The median house value has increased by 6.6%, bringing the current median price to $1.59 million. In contrast, there has been no change in the median value for units, suggesting limited market activity.

Housing market activity includes 28 houses sold over the past year, with a median time on market of 35 days, indicating relatively quick sales. Meanwhile, unit sales are practically non-existent, reflecting a stagnant unit market.

The rental market indicates modest growth, with house rents increasing by 2.9% over the last 12 months to an average of $875 per week. Unit rents have remained unchanged at $550, highlighting a stable rental demand.

HousesUnits
Median price
Past 3 months
$1.59MN/A
Change in value
Past 12 months
6.6%N/A
Sold
Past 3 months
282
Median days on market
Past 12 months
35N/A
Average rent
Past 12 months
$875$550
Change in rent
Past 12 months
2.9%-4.3%

5 year median price trend for houses and units

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Bulli demographics

Bulli, a charming coastal suburb located in the northern Illawarra region of New South Wales, offers a blend of natural beauty and a relaxed lifestyle. With a population of 6,798, Bulli is known for its stunning beaches, scenic escarpment views, and a strong sense of community. The median age of 40 suggests a mature population, with many families and long-term residents enjoying the suburb's tranquil environment and proximity to both the ocean and the bush.

The suburb's family-friendly nature is evident, with 55% of households being couple families with children, and an additional 31.6% being couple families without children. This demographic composition highlights Bulli's appeal to families seeking a peaceful yet connected lifestyle. The median total household income of $2,331 per week reflects a relatively affluent community, likely attracted by the suburb's quality of life and access to amenities.

Property ownership in Bulli is predominantly stable, with 35.4% of homes owned outright and 43.1% owned with a mortgage. This indicates a strong sense of investment in the area, with many residents choosing to settle down and establish roots. The rental market, comprising 21.4% of properties, provides options for those seeking flexibility or temporary residence. Overall, Bulli's combination of natural beauty, community spirit, and family-oriented living makes it a desirable location for those looking to enjoy the best of coastal living.

Bulli infrastructure, key developments and investment opportunities

Bulli’s property market is likely to be influenced by the planned redevelopment of the former Bulli Hospital site into housing, including a component of affordable and essential worker homes. This type of infill project can lift local housing supply while also supporting demand from buyers seeking a coastal location with improved community infrastructure.

Bulli continues to benefit from its established village centre, beach access, and rail and road links to Wollongong and Sydney, which remain strong selling points for home buyers. The suburb’s existing schools and walkable local amenities also add to its appeal for families, helping underpin long-term demand in a tightly held coastal market.

Bulli rental market trends

The rental market in Bulli shows moderate growth, with house rents rising 2.9% over the past year to $875 per week, while unit rents have remained stable at $550 per week. With its coastal charm and steady demand, Bulli continues to be an attractive choice for renters seeking a relaxed lifestyle close to the city.

Suburbs near Bulli

Some popular suburbs near Bulli include:

How does Bulli compare to nearby suburbs?

  • Median house prices: Bulli’s median house price is 8.3% higher than Woonona’s.
  • House price growth: Over the past 12 months, house prices in Bulli have grown 2.5% higher than in Thirroul.
  • Selling speed for houses: Properties in Bulli are selling 41.7% faster than in Thirroul.

Common questions about Bulli

  • Is Bulli a nice place to live?

    Bulli is a delightful coastal suburb that offers a serene and vibrant lifestyle, making it a wonderful place to call home. With its picturesque beaches and lush natural surroundings, Bulli provides a peaceful escape from the hustle and bustle of city life while still being conveniently connected to both Wollongong and Sydney. The suburb exudes a laid-back vibe, attracting families who appreciate the strong sense of community and the abundance of outdoor activities available. Whether it's enjoying a day at the beach, exploring local markets, or taking a scenic walk in the nearby Royal National Park, Bulli offers a variety of leisure options for residents of all ages.

    Families will find Bulli particularly appealing due to its family-friendly atmosphere and access to quality schools and local amenities. The suburb's safety and community spirit make it an ideal environment for raising children. However, living in Bulli does come with some trade-offs. While the suburb offers a relaxed lifestyle, those seeking a bustling nightlife or a wide array of dining options may need to venture to nearby areas. Additionally, the popularity of Bulli's coastal location can lead to higher property prices, which may be a consideration for potential homebuyers.

    Overall, Bulli is a charming suburb that combines natural beauty with a welcoming community, making it a fantastic place for families and individuals seeking a tranquil yet connected lifestyle. Its proximity to both the ocean and the bush, along with its established amenities, ensures that residents can enjoy the best of coastal living while still having easy access to urban conveniences.

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  • Is it expensive to live in Bulli?

    Living in Bulli, a picturesque suburb in New South Wales, comes with a relatively high price tag. The current median house price in Bulli is approximately $1,589,000, which is quite significant compared to the NSW state average. With no available data on unit prices, houses dominate the property market here. Renting a house in Bulli costs around $875 per week, while renting a unit is more affordable at about $550 per week.

    Considering the average wage in New South Wales is roughly $95,000 per year, the cost of living in Bulli, especially in terms of housing, can be challenging for those earning around this average. The median total household income in Bulli is $2,331 per week, which suggests that many residents may have dual incomes or higher-than-average earnings to support the cost of living in this charming coastal suburb.

    Overall, while Bulli offers a beautiful beachside lifestyle with its stunning natural surroundings and close-knit community, the expenses associated with living here are on the higher side. If you are thinking of living in Bulli, it's essential to evaluate your financial situation to ensure it can accommodate the costs of residing in this desirable location.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Bulli a good place to invest?

    Bulli presents a promising opportunity for property investors, particularly those interested in houses. Over the past 12 months, the suburb has seen a 6.6% increase in median house values, indicating a healthy demand and potential for capital growth. This growth is a positive sign for investors looking for areas with upward momentum in property values. While the unit market has remained stable with no change in median values, this stability can be appealing for those seeking less volatile investment options.

    The rental market in Bulli also offers some potential, with house rents increasing by 2.9% over the last year. This suggests a steady demand for rental properties, which can provide a reliable income stream for investors. Although unit rents have not changed, the stability in this sector may still attract investors who prioritize consistent rental returns over rapid growth.

    Overall, Bulli's combination of rising house values and stable rental market makes it an attractive option for investors. Its coastal charm and proximity to larger urban centers add to its appeal, making it a suburb worth considering for those looking to invest in the real estate market.

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Choose the right real estate agents in Bulli

Currently, there are 39 real estate agents working in Bulli—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 39 agents sold 45.2% of all properties in Bulli over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Bulli typically charge a commission of 1.63% to 2.63%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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