Question 1

Is Bungawalbin a nice place to live?

Accepted Answer

Bungawalbin is a quiet rural locality on the low-lying coastal plain of northern New South Wales, with broad paddocks, patches of remnant forest and a network of creeks and wetlands that draw birdlife. The area is made up of lifestyle blocks and working farms with weatherboard homesteads and newer rural housing rather than suburban streets, and local services are limited so residents use nearby Clarence Valley towns for schools, shopping and health. Bungawalbin has a small population of 138 and a median age of 46; household composition is led by couples and most homes are owner-occupied (about 82.8%). Median household income is $1,050 a week (roughly $54,600 a year). There are ongoing flood-resilience and waterway projects, including levee repairs, a creek restoration and a culvert to improve road access. The locality suits people seeking a country lifestyle with access to the coast, river systems and national parks and is linked by quiet country roads to regional service centres.

Question 2

Is it expensive to live in Bungawalbin?

Accepted Answer

There haven't been enough recent sales or rentals in Bungawalbin 2469 to publish reliable house or unit prices or rents. With only the local household income from the most recent Census available, it's not possible to say how expensive living in the suburb is compared with what people there earned at the last Census.

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 Bungawalbin a good place to invest?

Accepted Answer

There haven't been enough recent sales in Bungawalbin to publish reliable figures on how house and unit values or rents have moved over the past year. Because of that, there isn't a clear picture from the data of how the suburb has performed as an investment.

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	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	N/A	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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