Bungendore, NSW

FAIR VALUE

4,484 sales · 36 years of data · NSW, Australia

$1,030,000
Median (All)
$1,030,000
Median (Houses)
$611,300
Median (Apartments)
8.7%
10yr CAGR
7.7%
36yr CAGR
2.0%
Strata %
36 years of data · 4,484 sales analysed · 2,500+ suburbs · Updated weekly

Bungendore, NSW Property Market Overview

Bungendore, NSW, is a charming rural town offering a unique blend of country living and accessibility to larger centres. Located a comfortable distance from Canberra and not too far from Sydney, Bungendore provides a peaceful escape with a growing property market. AusPropertyInsights.app analysis covers 36 years of sales data in Bungendore, encompassing 4,484 recorded sales.

As of early 2026, the current median property price in Bungendore stands at $1,030,000 for all properties and houses. Apartments in Bungendore have a current median price of $611,300. These figures reflect the increasing demand for property in this desirable location. The analysis of Bungendore's property market provides valuable insights for both current residents and those considering a move to this region.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $1,151,504
Based on the 10-year compound annual growth rate of 8.7%
Predominantly houses2% apartments
98% of sales are houses and other non-strata properties
Loading chart...

Property Mix

98%
Houses 98%$1,030,000Apartments 2%$611,300

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Bungendore

Street Rankings

Top streets in Bungendore, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Larmer StHouse8$1,272,500
2Hopkins StHouse5$1,200,000
3Ellen StHouse6$1,150,000
4Eyre StHouse8$1,150,000

... and 140 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
See all streets
Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Ellen StHouse6$1,276/m²
2Maslin PlHouse6$1,505/m²
3Hopkins StHouse5$1,193/m²
4Nelson TceHouse5$1,489/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Hyland DrHouse+6.3%
2Day CctHouse+7.7%
3Malbon StHouse+6.4%
4Mecca LaneHouse+8.4%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

12
apartment buildings analysed

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

62
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

2%
apartments across 12 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

Unlock the full Bungendore analysis

144 streets and 12 buildings to explore

Free (you have this)
Subscriber ($9/mo)
3 street rankings
All 144 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
12 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 4,484 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Bungendore at a Glance

Region
Southern Tablelands
CBD Distance
250km southwest of Sydney CBD
Train Station
Bungendore Station (Southern Line)
Council
Queanbeyan-Palerang Regional Council
Property Character
Rural residential with established housing
Community
Families and established residents

Bungendore, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Bungendore, NSW

Living in Bungendore offers a relaxed and community-focused lifestyle. The town boasts a range of amenities, including local shops, cafes, and restaurants, creating a vibrant town centre. For families, Bungendore Public School provides education options within the community.

Bungendore is known for its picturesque surroundings, with parks and green spaces offering opportunities for outdoor activities. The community spirit is strong, with local events and initiatives fostering a sense of belonging. The location provides easy access to the larger centres of Canberra and Queanbeyan, allowing residents to enjoy the benefits of both rural and urban living.

Bungendore also has a train station with direct services to Canberra and Sydney, further enhancing its connectivity. The quiet streets and friendly atmosphere make Bungendore an attractive place to call home.


Who Buys in Bungendore?

Bungendore typically attracts a mix of buyers, including families, downsizers, and those seeking a rural lifestyle. The median house price of $1,030,000 indicates a market that caters to established buyers. The lower strata percentage of 2.0% suggests that most buyers are seeking houses rather than apartments.

The strong historical growth rates, with a 10-year CAGR of 8.7%, may also attract investors looking for long-term capital appreciation. However, the primary appeal of Bungendore lies in its lifestyle and community, making it a popular choice for those looking to escape the hustle and bustle of city living.

Market Analysis

Bungendore's property market, as of early 2026, is assessed to be near its long-term trend, indicating fair value. This means that prices in Bungendore are currently aligning with historical growth patterns and economic indicators.

This cycle position suggests a relatively stable market in Bungendore, where prices are neither significantly overinflated nor heavily discounted. While this assessment is based on historical data and current market conditions, it's essential to monitor ongoing trends and external factors that could influence the future direction of Bungendore's property market.


Is Bungendore a Good Investment?

The historical growth patterns in Bungendore suggest a robust property market driven by a combination of factors. The 10-year CAGR of 8.7% and the full-period CAGR of 7.7% indicate consistent long-term growth. Proximity to Canberra, combined with its rural charm, makes Bungendore an appealing location for those seeking a lifestyle change.

As of early 2026, the market being near its long-term trend indicates fair value, suggesting that prices are currently aligned with historical patterns. While this doesn't guarantee future performance, it provides context for understanding the current market conditions in Bungendore. The limited apartment stock and predominantly house-based market contribute to the overall stability and desirability of the area. The desirability of Bungendore is based on a combination of location and rural lifestyle.


Bungendore Market Outlook

As of early 2026, Bungendore's property market is assessed to be near its long-term trend, indicating fair value. Recent price trends suggest a period of relative stability, aligning with historical growth patterns. The underlying demand for property in Bungendore remains strong, driven by its desirable location and lifestyle.

The market is influenced by factors such as interest rates, economic conditions, and population growth in the surrounding region. Monitoring these factors will be essential for understanding the future direction of Bungendore's property market.

Streets & Location in Bungendore, NSW

Bungendore, postcode 2621, is characterised by a blend of established residential areas and rural surroundings. Among the notable streets in Bungendore, based on median property prices, are HOPKINS ST, ELLENDON ST, and MECCA LANE. These streets reflect the diverse range of properties available in the area.

With a total of 144 streets, Bungendore offers a variety of living environments, from quiet residential pockets to more expansive rural blocks. The location provides easy access to the amenities of a larger town while maintaining its own distinct identity.

Market Dynamics

The average settlement time for properties in Bungendore is currently 62 days, indicating a relatively standard timeframe for property transactions. This figure reflects the efficiency of the local property market and the processes involved in buying and selling property in Bungendore.

Investor activity data for quick-flips in Bungendore is not available, suggesting that the market is primarily driven by owner-occupiers and long-term investors. The long-term growth rates and stable market conditions in Bungendore tend to attract buyers seeking a place to live and invest for the future.

Development & Density

Bungendore's development density is relatively low, reflecting its character as a rural town. The suburb has 12 apartment buildings, representing a small percentage of the total housing stock. This indicates that Bungendore is predominantly comprised of detached houses and larger properties.

The housing composition in Bungendore contributes to its overall appeal as a peaceful and spacious living environment. While there may be some new developments in the area, the focus remains on maintaining the character and charm of Bungendore.

Growth & Property Mix

Over the past 10 years, Bungendore has experienced a Compound Annual Growth Rate (CAGR) of 8.7%, reflecting a solid upward trajectory in property values. Looking further back, the 20-year CAGR stands at 6.3%, while the full-period CAGR, spanning 36 years of data, is 7.7%. These figures highlight the long-term growth potential of the Bungendore property market.

The property mix in Bungendore is predominantly houses, with apartments representing a smaller segment, approximately 2.0% of the market. This composition contributes to the overall character and appeal of Bungendore as a predominantly residential area.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Bungendore, NSW

What is the median property price in Bungendore?
The current median property price in Bungendore is $1,030,000 for all properties and houses. Apartments in Bungendore have a median price of $611,300. These figures reflect the overall demand for property in this area.
Is Bungendore overvalued or undervalued?
As of early 2026, the Bungendore property market is assessed to be near its long-term trend, indicating fair value. This suggests that prices are currently aligning with historical growth patterns.
How has the Bungendore property market performed over 10 years?
Over the past 10 years, Bungendore has experienced a Compound Annual Growth Rate (CAGR) of 8.7%. This highlights the strong growth potential of the Bungendore property market over the medium term.
What percentage of Bungendore is apartments vs houses?
Apartments represent a relatively small percentage of the Bungendore property market, with a strata percentage of approximately 2.0%. This indicates that the majority of properties in Bungendore are houses.
Where is Bungendore in the property cycle?
Bungendore's property market is currently assessed to be near its long-term trend. This suggests that property values are neither significantly overvalued nor undervalued.
What schools are near Bungendore?
Bungendore Public School is located within the town, providing education for primary school-aged children. Several other schools can be found in nearby towns like Queanbeyan and Canberra.
What is Bungendore like to live in?
Bungendore offers a relaxed and community-focused lifestyle, with local shops, cafes, and parks. It is a popular choice for those seeking a rural environment within easy reach of larger centres.
Is Bungendore good for families?
Bungendore can be a great place for families, with its local schools, parks, and community atmosphere. The predominantly house-based market also provides suitable housing options for families.
How far is Bungendore from Sydney CBD?
Bungendore is approximately 250 kilometres southwest of the Sydney CBD. It is accessible by road and rail, with train services connecting Bungendore to Sydney.
What transport options are in Bungendore?
Bungendore has a train station on the Southern Line, providing services to Sydney and Canberra. The town is also accessible by road, with the Kings Highway connecting it to Canberra and the surrounding region.
How does Bungendore compare to nearby suburbs?
Compared to nearby suburbs, Bungendore offers a more rural lifestyle with a lower population density. Median property prices in Bungendore are generally competitive, reflecting the demand for property in the area.
Is Bungendore a good first home buyer suburb?
Bungendore may present challenges for first home buyers due to the median house price of $1,030,000. However, apartments with a median of $611,300 may provide a more accessible entry point to the market, though limited in availability.
What are the best streets in Bungendore?
Based on median property prices, some of the top streets in Bungendore include HOPKINS ST, ELLENDON ST, and MECCA LANE. These streets may offer a range of desirable properties and locations within Bungendore.
How many properties have been sold in Bungendore?
Over the past 36 years, there have been 4,484 recorded property sales in Bungendore. This figure reflects the level of activity and turnover in the local property market.
BungendoreDon't overpay — see all 144 streets & 12 buildings
Unlock — $9/moCancel anytime