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Bundamba suburb profile

Bundamba is a suburb located in the City of Ipswich, Queensland, known for its rich history and community spirit. Positioned approximately 30km west of Brisbane, Bundamba offers a blend of residential, industrial, and recreational spaces. The suburb is home to the Bundamba Racecourse, a key feature for local events and horse racing enthusiasts. With a mix of older homes and new developments, Bundamba caters to a diverse population. Its proximity to the Ipswich Motorway and public transport options provides convenient access to Brisbane and surrounding areas, making it an appealing choice for families and commuters.

Bundamba property market performance

Current median dwelling price$767,000Past 3 months

Property growth+30.4%Past 12 months

Bundamba's property market has experienced significant growth over the past 12 months, with house values increasing by 21% and unit values surging by 41.5%. The current median house price stands at $828,000, while the median unit price is not available, indicating a limited unit market.

Sales activity has been moderate, with 27 houses and 6 units sold over the last 12 months. Houses are selling rapidly, with a median of just 10 days on the market, while units have no recorded days on market, reflecting the scarcity of unit sales.

The rental market in Bundamba has also seen notable changes, with house rents increasing by 12.2% and unit rents rising by 4.8% over the past year. The average rent for houses is $550, and for units, it is $440, indicating a strong demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$800KN/A
Change in value
Past 12 months
21.2%39.6%
Sold
Past 3 months
273
Median days on market
Past 12 months
11N/A
Average rent
Past 12 months
$550$433
Change in rent
Past 12 months
10.4%2.4%

5 year median price trend for houses and units

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Bundamba demographics

Bundamba, located in the Ipswich region of Queensland, is a suburb that offers a blend of suburban tranquility and accessibility to urban amenities. With a population of 6,542, Bundamba is characterized by a median age of 35, indicating a balanced mix of young families, professionals, and established residents. The suburb's proximity to Ipswich and Brisbane makes it an attractive location for those seeking a quieter lifestyle while still being within reach of larger city conveniences.

The housing landscape in Bundamba is diverse, with a significant portion of properties being rented, accounting for 42.2% of the housing market. This high rental rate suggests a demand for flexible living arrangements, appealing to both transient residents and those testing the waters before committing to home ownership. Meanwhile, 24.4% of properties are owned outright, and 33.4% are owned with a mortgage, reflecting a stable community with a mix of long-term homeowners and new buyers.

Family dynamics in Bundamba are varied, with couple families with children making up 35.9% of the population, closely followed by couple families without children at 36.0%. One-parent families also form a significant part of the community, comprising 25.1% of households. This diversity in family structures contributes to a rich community fabric, supported by local schools, parks, and community facilities. Bundamba's affordable living, combined with its community-oriented atmosphere, makes it an appealing choice for families and individuals seeking a balanced lifestyle.

Suburbs near Bundamba

Some popular suburbs near Bundamba include:

  • Ebbw Vale: Known for its quiet residential streets and community atmosphere, Ebbw Vale is located directly north of Bundamba.
  • North Booval: Featuring a mix of residential and natural spaces, North Booval lies to the northwest of Bundamba.
  • Blackstone: Known for its historical significance and parklands, Blackstone is situated to the south of Bundamba.
  • Booval: Offering a variety of shopping and dining options, Booval is located to the west of Bundamba.
  • Dinmore: Known for its strategic transport links and industrial areas, Dinmore is situated to the northeast of Bundamba.

How does Bundamba compare to nearby suburbs?

  • Median house prices: Bundamba’s median house price is 5.6% higher than Booval’s.
  • Median unit prices: Bundamba’s median unit price is 33.5% higher than Dinmore’s.
  • House price growth: Over the past 12 months, house prices in Bundamba have grown 12.9% higher than in Blackstone.
  • Unit price growth: Over the past 12 months, unit prices in Bundamba have grown 28.5% higher than in Dinmore.
  • Selling speed for houses: Properties in Bundamba are selling 35.3% faster than in Ebbw Vale.

Choose the right real estate agents in Bundamba

In Bundamba ,93 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 21.2% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.38% and 3.17%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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