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Suburb Insights · NSW 2621

Bungendore, NSW 2621 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Bungendore is a regional centre in New South Wales, Australia, with a population of approximately 4,745, making it a boutique locality. Located approximately 224 km from the Sydney CBD, Bungendore is a regional area in New South Wales. The median household income is $151,944 per year.

Investment Score

59 / 100 Moderate

Bungendore benefits from a high-income resident base, supporting premium property pricing. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Sydney
Bungendore
New South Wales · 2621
224 km from Sydney CBD
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Key Indicators

Postcode
2621

Official Australia Post postcode for Bungendore. A postcode may cover multiple suburbs.

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Population
4,745

Usual resident population at the most recent census.

Median weekly rent
$510/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$151,944/yr

Annual median household income (before tax) across all households.

Distance to CBD
224 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$2,383/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
89% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Bungendore

Who Bungendore Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersPrices sit above the New South Wales median — stretch goal.
💼ProfessionalsAround 224 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Solid transport links into employment hubs.
  • Lower purchase prices and more land for the money.

Cons

  • Long distance to the CBD (224 km) — plan for commute time or local employment.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

4,745 residents places Bungendore squarely in the middle of the New South Wales suburb size distribution (state median 5,325), with market depth comparable to most NSW localities. Median household income of $151,944/year runs 56% above the New South Wales suburb median of $97,552, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $510 equates to $2,210/month — about 93% of the median mortgage repayment of $2,383/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Bungendore is 224 km from Sydney, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Investment Tip

This suburb suits yield-focused investors who are comfortable with lower liquidity. Employment concentration and local population trends matter more here than in metro markets. Local rents consume roughly 17% of household income — a useful sanity check on tenant affordability.

Bungendore vs New South Wales Median

How Bungendore stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Bungendore sits above the state median; negative means below.

MetricBungendoreNSW medianΔ vs state
Population4,7455,325-11%
Median household income$151,944/yr$97,552/yr+56%
Median rent (weekly)$510$430+19%
Median mortgage (monthly)$2,383$2,167+10%
Distance to CBD224 km45 km+398%
Separate houses89%76%+13pp

Investor Checklist

Pre-inspection briefing for Bungendore — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Bungendore's 4,745-person market and $151,944 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

Rental Yield

Strong rental coverage: $510/week (~$2,210/month) covers 93% of the $2,383/month median mortgage repayment, so the shortfall sits at just $173/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 89% houses in a 4,745-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Bungendore property

Full Property Analysis

30-year projections for Bungendore

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Bungendore are modest for 2026 — incomes 56% above the NSW median of $97,552 and a population of 4,745 suggest gains will lag headline metro markets. Rental coverage runs at ~93% of the typical mortgage ($2,210/month rent vs $2,383/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 59/100 places Bungendore in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Bungendore a good suburb for investment?

Bungendore scores 59/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 4,745, median household income of $151,944/year and median weekly rent of $510. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Bungendore?

The main demand drivers in Bungendore are an above-state-median household income of $151,944/year, a dwelling mix that is 89% separate houses, roughly 1 schools and 2 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Bungendore?

Bungendore has a usual resident population of approximately 4,745, compared with a New South Wales suburb median of 5,325 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Bungendore from the Sydney CBD?

Bungendore sits 224 km straight-line from the Sydney CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Bungendore?

The most recent census recorded a median weekly rent of $510 in Bungendore, equating to approximately $26,520/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Bungendore?

The median monthly mortgage repayment in Bungendore is $2,383, or approximately $28,596/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Bungendore cash-flow positive for investors?

A median weekly rent of $510 works out to $2,210/month, covering 93% of the median mortgage repayment of $2,383/month. That leaves a $173/month shortfall (around $2,076/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Bungendore?

The main risks are a thin buyer pool (4,745 residents), interest-rate sensitivity on the $2,383 median mortgage, the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Bungendore profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

New South Wales Property Resources