Question 1

Is Bundall a nice place to live?

Accepted Answer

Bundall is an inner Gold Coast pocket between Surfers Paradise and Southport, centred on Bundall Road and the Gold Coast Turf Club racecourse. It mixes older weatherboard homes and established family lots with newer low-rise apartments and townhouses, plus pockets of light commercial activity. Residents include professionals, families and downsizers who value easy access to beaches, the Broadwater and nearby dining and entertainment precincts. Local parks, shops and sporting facilities cover everyday needs, and main roads and regular public transport keep the suburb well connected.

Home to 4,895 people with a median age of 41 and a median household income of $1,957 a week (roughly $101,800 a year), Bundall is a suburb of families: couple families with children (43.5%) and without children (39.9%) together make up the bulk of families. Most homes are owner-occupied (73.3%) while 26.7% are rented. Bundall currently has no significant new infrastructure or development projects, and the City of Gold Coast operates a local customer service centre in the suburb.

Question 2

Is it expensive to live in Bundall?

Accepted Answer

A median house price of $2,000,000 in Bundall works out to about 19.7 times a typical local annual household income at the last Census (weekly household income $1,957; annual $101,764). On those figures, buying sits well above local incomes.

Renting is also a stretch against local incomes at the last Census: a house rent of $1,325 a week would take about 67.7% of a typical local household's weekly income, a large share, while a unit rent of $750 a week would take about 38.3%, a sizeable share. If you're renting rather than buying, those rent shares are the key numbers to consider; whether they feel expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Bundall a good place to invest?

Accepted Answer

Unit values in Bundall have jumped 36.1% over the past year, a strong rise, while house values also rose 14.2%, a sizable increase but notably smaller than the unit gain. On the income side, unit rents climbed 7.1% over the year, a solid increase, whereas house rents edged up 1.9%, a marginal rise. Taken together, units have outpaced houses both in capital growth (value) and in rental growth this year.

For someone weighing Bundall as an investment, these figures show where the strongest movement has been: unit prices and unit rents have moved more than the house side over the past 12 months. Which of those outcomes matters most depends on your own 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.

	Houses	Units
Median price Past 3 months	$2M	N/A
Change in value Past 12 months	14.2%	36.1%
Sold Past 3 months	19	9
Median days on market Past 12 months	57	19
Average rent Past 12 months	$1325	$750
Change in rent Past 12 months	1.9%	7.1%

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