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Bunbury suburb profile

Bunbury is a coastal regional centre on Western Australia’s south west, centred around Koombana Bay and the Leschenault Inlet with a working port and a busy foreshore. The waterfront, marina and nearby beaches make outdoor life a draw, and the Dolphin Discovery Centre and frequent dolphin visits are part of the town’s character. The housing mix runs from older timber and federation cottages to newer apartments and family homes close to the CBD. Local life revolves around the esplanade, the Marlston Hill precinct and the Bunbury Regional Art Galleries, with road and rail links connecting the city to the wider south west.

Bunbury property market performance

Current median dwelling price$785,250Past 3 months

Property growth+20.7%Past 12 months

The median house price is $1.02 million, up 9.6% over the last 12 months, a solid rise. The median unit price is $550,500, up 31.9% over the last 12 months. Unit values rose sharply and grew more strongly than house values.

Over the last 3 months there were 11 house sales and 12 unit sales. Median days on market for both houses and units was 22 days over the last 12 months, so they sold in a similar time.

The rental market in Bunbury recorded average house rents of $665 a week, up 2.3% over the last 12 months, and average unit rents of $570 a week, up 3.6% over the last 12 months. Both rents rose a modest amount and moved at a similar pace.

HousesUnits
Median price
Past 3 months
$1.02M$551K
Change in value
Past 12 months
9.6%31.9%
Sold
Past 3 months
1112
Median days on market
Past 12 months
2222
Average rent
Past 12 months
$665$570
Change in rent
Past 12 months
2.3%3.6%

5 year median price trend for houses and units

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Bunbury demographics

Bunbury is home to 3,948 people, with a median age of 49. The typical household earns $1,614 a week, roughly $84,000 a year.

Families are largely made up of couples without children, which account for 55.1% of families. Couple families with children make up 30.1%, one-parent families 13.4% and other families 1.4%.

Homes in Bunbury are mostly owner-occupied: about three in five dwellings are owner-occupied when owned outright (36.8%) and owned with a mortgage (25.0%) are combined, while 38.2% of homes are rented.

Bunbury infrastructure, key developments and investment opportunities

Bunbury is the focus of a multi-year waterfront renewal under the Transforming Bunbury’s Waterfront program. Works completed and underway include the Koombana foreshore upgrades, the Jetty Road causeway and Jetty Baths Park upgrades, the Dolphin Discovery Centre redevelopment, and recent rock and breakwater works at Casuarina Boat Harbour as part of the Casuarina Drive redevelopment. Stage 3 (Phase 1) of the waterfront program has been approved and further landscaping and foreshore revitalisation works are being delivered.

On health and community facilities, the Bunbury Regional Hospital redevelopment is progressing with a contractor appointed and staged approvals and additional funding announced. The SWAMS regional health hub at Jaycee Park has council approval and the site was transferred to the provider following funding, and South Regional TAFE’s Bunbury campus has had recent building upgrades completed.

Suburbs near Bunbury

Some popular suburbs near Bunbury include:

How does Bunbury compare to nearby suburbs?

  • Median house prices: Bunbury’s median house price is 37.8% higher than East Bunbury’s.
  • House price growth: Over the past 12 months, house prices in Bunbury have grown 0.0% higher than in South Bunbury.
  • Unit price growth: Over the past 12 months, unit prices in Bunbury have grown 4.1% higher than in East Bunbury.
  • Selling speed for houses: Properties in Bunbury are selling 8.3% faster than in East Bunbury.
  • Selling speed for units: Properties in nearby East Bunbury are selling 45.5% faster than in Bunbury.

Common questions about Bunbury

  • Is Bunbury a nice place to live?

    Bunbury is a coastal regional centre focused on Koombana Bay and the Leschenault Inlet, with a working port, a busy foreshore, a marina and nearby beaches that make outdoor life a draw. The Dolphin Discovery Centre and frequent dolphin visits are part of the town’s character, and local life centres on the esplanade, the Marlston Hill precinct and the Bunbury Regional Art Galleries. Housing ranges from older timber and federation cottages to newer apartments and family homes close to the CBD, and road and rail links connect the city to the wider south west.

    Home to 3,948 people with a median age of 49, Bunbury has many couple households without children and about three in five dwellings are owner-occupied while 38.2% are rented. The waterfront renewal program is delivering foreshore, marina and harbour works, and there are active health and training upgrades including the Bunbury Regional Hospital redevelopment, a regional health hub at Jaycee Park and recent building work at South Regional TAFE’s Bunbury campus. Whether Bunbury suits you comes down to whether you value a coastal regional centre with established services and ongoing local investment.

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  • Is it expensive to live in Bunbury?

    Compared with what a typical household in Bunbury 6230 earned at the last Census, housing costs sit high. House rent of $665 a week would take about 41.2% of a typical local household's weekly income at the last Census, while unit rent of $570 a week would take about 35.3%. On the buying side, a median house price of $1,020,000 works out to about 12.2 times a typical local annual household income at the last Census, and a median unit price of $550,500 is about 6.6 times. On these figures, buying is notably more stretched against local incomes, especially for houses, and renting already takes a sizeable to large share of a typical household's income.

    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 Bunbury a good place to invest?

    Unit values were the standout in Bunbury over the past 12 months, climbing 31.9%, a strong rise. House values also increased, up 9.6% over the year, a solid gain.

    Rents moved more modestly: house rents rose 2.3% and unit rents rose 3.6%, so rental income grew only modestly compared with the larger shifts in property values. If rental income matters most to you, the rent figures are the relevant ones; if capital growth is your focus, the value figures show the stronger movement. Whether that makes Bunbury the right investment for you depends on your goals and circumstances.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Choose the right real estate agents in Bunbury

Currently, there are 45 real estate agents working in Bunbury—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 45 agents sold 38.3% of all properties in Bunbury 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 Bunbury typically charge a commission of 3.16% to 3.25%. 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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