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Bungeet, VIC 3726
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$810,000
Median Unit
$275,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Bungeet
Bungeet has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Bungeet market and investor summary
Bungeet (VIC 3726) runs a median house price of $810K. At 12.6% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 12.6% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Bungeet: people, income and schools
Bungeet has a resident population of roughly 29, a number that has held fairly steady over five years. The median age is 52, an older, established demographic, and 100% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $58,000 a year, or roughly $1,110 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 14.0 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.
- Population
- 29
- +1% over 5yr
- Median age
- 52 years
- Median household income
- $58,000/yr
- Households renting
- 10%
- Family households
- 72%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 3.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Bungeet
No properties currently listed in Bungeet
Search Bungeet listings →Frequently asked questions about Bungeet
What should I check before investing in Bungeet?
Bungeet has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Bungeet?
The median property price in Bungeet, VIC 3726 is $810K for houses.
How tight is the rental market in Bungeet?
The current vacancy rate in Bungeet is 12.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Bungeet?
Bungeet has a population of approximately 29 residents, with a median age of 52.
Is Bungeet affordable to buy in?
A median house in Bungeet costs about 14.0 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Bungeet's population growing?
The population of Bungeet has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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