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Suburb profile ·Greater Hume Shire LGA · NSW ·2640

Bungowannah NSW 2640

Bungowannah is in Greater Hume Shire LGA, NSW, postcode 2640, with population 175.

Limited data

Thin-context

The page is still useful for local context, but the evidence stack is too thin for a clean one-page call. Use nearby stronger suburbs or compare mode before treating it as a serious shortlist decision.

$520/wk
Rising
+5.4% YoY
Jun 2025 → Jun 2026 · 13 periods
NSW Fair Trading · postcode 2640 · Jun 2026
$535
$490
Jun 2025Jun 2026
Why it fits

Gross yield screens at about 5.6%. Entry price sits in the lower-cost range for a first-pass screen. Transport coverage adds a practical access signal.

What to check

The page is thin enough that nearby alternatives should be checked before shortlisting. Small local population makes the signal set more fragile.

Median house
$480K
House median, latest period
0.0%YoY D2 vs AU
Median rent
$520/wk
Rent-led investor candidate
5.4%YoY D10 vs AU
Gross yield
5.6%
Strong yield band
D10 vs AU
Population
175
175 local footprint
D5 vs AU
Schools
No matched school data
Drive to city
Not in commute dataset
Solar
9,074
693 added 12mo · 67MW

Price history

Trend & investor depth

Indicative cashflow-$83/wk (-$4,296/yr) · interest-only @ 6.4%, 80% LVR
Rent stabilitystable — rents vary ±2.3% around trend (short window, 13 pts)
Value vs advantage-70% vs suburbs of similar SEIFA advantage (decile 10)

Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection. Turnover divides recorded sales by an estimated household count (population over average household size).

Investor profile

Who invests in Bungowannah

Owner-occupied 80%Rented 20%
Investor activityATO
Negatively geared4.9%
1,221 of 3,115 landlords
Avg rental loss$7,097/yr
Landlords (rental income)3,115
Reported capital gains2,568
The read

Mixed owner-renter market

68% of homes here are owner-occupied and 18% rented, with 5% of landlords negatively geared.

Why it fits

A balanced 68% owner-occupier / 18% renter mix.

ABS Census 2021 tenure (G37), ATO postcode rental statistics, and QuickProperty's investor-exposure index. Owner-occupied = owned outright + with a mortgage.

Mortgage affordability

28%
of household income to service a new loan
6.5 yrs
to save a 20% deposit
Comfortable
housing-stress band
Rent vs buyRoughly even

New-loan repayment $2,352/mo vs median rent $2,253/mo (+4% · +$23/wk)

If rates move

At 4.2%: $1,878/mo (-474) · at 6.2% (current): $2,352/mo · at 8.2%: $2,871/mo (+519)

Assumes a 20% deposit and a 30-year principal-and-interest loan at the current RBA new owner-occupier variable rate, against median weekly household income (ABS Census 2021). Stress bands follow the 30% / 45%-of-income thresholds used in ANZ-CoreLogic and AIHW reporting. Rent vs buy compares that repayment with the suburb's median advertised rent; it excludes rates, insurance, maintenance and deposit opportunity cost.

Stronger alternatives nearby

Higher yield

similar price · cross-LGA

More affordable

lower price-to-income

Alternatives are similar-priced suburbs (0.7–1.4x this suburb's median) in other council areas that exceed it on the named metric. Indicative — not financial advice.

Affordability

Buying
4.8x
median home price as a multiple of annual household income
Affordable
Renting
27%
median weekly rent as a share of gross household income (the 30% rule)
Manageable

Owners with a mortgage repay a median of $1,733/mo, while renters pay about $2,253/mo — renting runs $520/mo higher on these medians.

Median price
$480K
Household income · yr
$99K
Median rent · wk
$520
Owner mortgage · mo
$1,733
Gross yield
5.6%

Household income

$99K household · yr+20.4% vs NSW suburb median
Personal
$42K
Family
$110K
Household
$99K
Household income distribution (ABS Census 2021 · weekly)60% could service the median house
Under $300
0
$300-649
7
$650-999
0
$1,000-1,499
15
$1,500-1,999
4
$2,000-2,999
18
$3,000-3,999
4
$4,000+
10

Serviceability line: a household needs about $1,809/wk to hold a new loan on the median house at 30% of income (20% deposit, 30-year P&I, current RBA rate).

At the median asking rent, about 38% of households here would spend more than 30% of income on rent (rent stress line: $1,733/wk income).

Housing stock and tenure

Tenure (57 households)
Owned outright
46%
Owned with mortgage
23%
Rented
18%
Dwelling structure10.5% of dwellings unoccupied on census night
Separate house
100%
Townhouse / semi
0%
Flat / apartment
0%

Getting to work: 61% drive, 0% public transport, 3% walk or cycle, 26% worked from home (2021 Census, taken during COVID-era work-from-home arrangements).

Crime April 2025 - March 2026
246
2,124 per 100k
D3 vs AU

Crime

Rate · per 100k2,124
Total incidents246· April 2025 - March 2026
  • Assault5950%
  • Sexual Offences3025%
  • Robbery00%
  • Break And Enter2925%

Building due diligence

Construction requirements can change by location.

The National Construction Code is the baseline. Local hazards and site classifications can change the required structure, materials, fixings, insulation and detailing.

Known here

SUBURB CONTEXT

Bushfire-prone land

High broad-area context

About 50.8% of the suburb intersects mapped bushfire-prone land.

May affect: External construction · Roof and wall systems · Openings, screens and decks

Check the property

ADDRESS + DESIGN

NCC climate zone

Check the property

Confirm the NCC climate zone used for the building design and energy provisions.

May affect: Insulation and glazing · Condensation control · Roof-space ventilation

Wind class and BAL

Site assessment required

A suburb layer cannot determine the site wind classification or Bushfire Attack Level.

May affect: Structure and tie-downs · Cladding and fixings · Openings and bushfire detailing

Corrosion and termite exposure

Check the property

Confirm marine or corrosive exposure and the applicable termite-management requirements.

May affect: Fasteners and connectors · Roofing and coatings · Termite management

This screen identifies investigation triggers, not building quality or property compliance. Confirm the address, design and current jurisdiction rules with the council, building surveyor or certifier, designer and engineer.

NCC 2022 Housing Provisions: how to use · NCC 2022 Volume Two and Housing Provisions

Bushfire exposure

High exposure ~50.8%
~50.8% of the suburb is Bush Fire Prone Land · ~10.6% Category 1 (highest hazard)

Estimated exposure to NSW RFS Bush Fire Prone Land (CC BY), point-sampled across the suburb. This shows how much of the suburb sits within the official hazard layer — it is not a Bushfire Attack Level (BAL) rating or a property-level assessment. Obtain a BAL assessment (AS 3959) for an individual property.

Planning zones

Dominant zone Primary Production
Rural / Green wedge 97% Other 3%

Land-use mix estimated by point-sampling the suburb against NSW EPI Land Zoning polygons (CC BY 4.0). This is a suburb-level snapshot of planning zones, not a parcel-level zoning certificate or development advice. Check the relevant planning scheme for an individual property.

Population outlook

12,697 people · 202215,362 by 2032 (+21.0%)

ABS population projection (2022 base) for the Albury Surrounds SA2 statistical area — the finest official projection grain available; suburb-level projections do not exist.

Full data detail Census · ATO · ABS · state datasets
Bungowannah NSW — Property Data and Demographics

Bungowannah (postcode 2640) is a small, quiet locality in New South Wales within the Greater Hume Shire local government area. With a population of 175, the suburb has an established demographic with a median age of 44. Households earn a median income of $99K per year, with an average household size of 3.1 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Irish.

Bungowannah has a median house price of $480,000, holding roughly steady year-on-year. The current median weekly rent is $520. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $1,733.

Public transport access includes 13 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,124 incidents per 100,000 population.

From an investment perspective, The gross rental yield works out to roughly 5.6%, which reads as high yield. Property prices sit below the state median ($480K/$1.5M), which can point to relative value. The price-to-income ratio of 4.8x is considered affordable. House prices have moved +0.0% year-on-year.

Market & money
Investment signalsHeuristics
Rental Yield5.6% High Yield
Price vs State$480K/$1.5M Below Median
Affordability4.8x Affordable
Price Momentum+0.0%· Stable
InvestmentNSW
Mortgage · mth$1,733
Rent · wk(Census)$225
Market rent · wk(2026-06)$520
Gross yield2.4%
Price / income4.8x
Property investors · Postcode 2640ATO
Negatively geared4.9%
1,221 of filers
Avg rental loss$7,097/yr
Landlords (rental income)3,115
Reported capital gains2,568
People & prosperity
DemographicsCensus 21
Population175
Median age44
Household size3.1
HH income · wk$1,906
Personal income · wk$809
Persons / bedroom0.8
SEIFA indexABS
Advantage (IRSAD)10/10
Education (IEO)9/10
Economic (IER)10/10
Disadvantage (IRSD)10/10
Income momentumCensus 16→21
HH income · wk$1,791 → $1,906
Change+6.4%
vs NSW median-14.2 pp
Median rent+40.6%
softeningvs NSW 2016–21
Area & amenity
TransportGTFS
Bus stops13
Hospitals · Greater Hume Shire LGAAIHW
Public3
Private0
Culcairn Multi Purpose Servicepublic
Henty Multi Purpose Servicepublic
Holbrook Hospitalpublic
Aged care · Greater Hume Shire LGAGEN
Facilities6
Residential places124
Culcairn Multi-Purpose Service28 places
Holbrook Multi-Purpose Service22 places
Holbrook Hostel21 places
Jindera Gardens Hostel21 places
Myoora Homestead Hostel20 places
Henty Multi-Purpose Service12 places
Childcare · Greater Hume Shire LGAACECQA
Services13
Approved places429
Exceeding NQS2
Greater Hume Children services Holbrook59 places
Henty Early Childhood Centre41 places
Greater Hume Children Services Culcairn40 places
Jindera Public School TheirCare40 places
Greater Hume Children Services Henty OSHC39 places
Greater Hume Children Services Walla Walla38 places
+7 more in Greater Hume Shire LGA
Shortlist workspace

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Current status
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Sources & freshness
Usable evidence

Bungowannah is usable, but it still needs cross-checking.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
NSW price medians are parser-guarded official records.

Official sale records parsed from cached Bulk PSI ZIP files with parser guardrails for token sales, non-house zoning, and low-value strata component records

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
NSW Valuer General · 2009 · Official sale records parsed from cached Bulk PSI ZIP files with parser guardrails for token sales, non-house zoning, and low-value strata component records
medium stability · automated · every update · weekly
Available
Market rent
NSW Fair Trading · 2026-06 · State market dataset
stable source · automated · every update · monthly
Available
Crime
BOCSAR · April 2025 - March 2026 · Area-level release dataset
medium stability · automated · every update · release-based
Available
Schools
ACARA 2025 · No local school matches exposed
stable source · automated · every update · annual
Missing
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 13 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · No linked annual population growth series
stable source · automated · every update · annual
Missing
Building approvals
ABS Building Approvals · No linked approvals series
stable source · automated · every update · monthly
Missing
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.
Sparse locality note

This page stays indexable because Bungowannah is a real locality with enough context to be directionally useful. The tradeoff is that coverage is lighter than a stronger suburb profile, so the read should stay cautious.

WHY IT LOOKS LIGHTER
This is a real locality, but it has a very small Census footprint.

Small-population localities can still be worth checking, but rankings, comparisons, and broad suburb assumptions become noisier faster.

WHAT IS MISSING
Coverage is lighter across school matches, hospital coverage, population trend data, and building approvals.

The lighter areas here are school matches, hospital coverage, population trend data, and building approvals, so a single-page read should carry less weight than usual.

BEST NEXT STEP
Use this page to understand the locality shape, then compare outward.

Start here for context, then open compare, the state hub, or larger nearby suburbs before treating this as a complete market decision.

Page status
INDEXED WITH LIGHTER COVERAGE

This page remains visible, but it should be read as a locality brief rather than a full-confidence suburb profile.

HOW TO READ THIS PAGE

Read it as a direction-setter rather than a final answer: frame the locality, then verify with compare, stronger nearby suburbs, and the state hub.

Stronger nearby reads

If Bungowannah feels too thin on its own, use these nearby suburbs as stronger local reads before making a shortlist decision.

Little Billabong most similar
similar price band similar rent profile similar suburb scale

pop same · house -$130K · rent -$270/wk

Similar local read: useful for context, but still compare the actual market signals.

Woomargama most similar
similar price band similar rent profile similar suburb scale

pop same · house +$295K · rent -$270/wk

Similar local read: useful for context, but still compare the actual market signals.

Walbundrie most similar
similar price band similar rent profile similar suburb scale

pop same · house -$185K · rent -$310/wk

Similar local read: useful for context, but still compare the actual market signals.

Bungowannah FAQ

Common questions
  1. What LGA is Bungowannah in?

    Bungowannah is in the Greater Hume Shire Local Government Area, NSW, postcode 2640. Council-level context for Greater Hume Shire LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Bungowannah?

    The current median house price in Bungowannah, NSW is $480K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Bungowannah?

    The median weekly rent in Bungowannah is $520/wk, based on the current market rent dataset. The current rent signal is rent-led investor candidate.

  4. What does the rent signal say about Bungowannah?

    Rent-led investor candidate: Gross rent yield screens at about 5.6%. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is Bungowannah a good investment?

    QuickProperty's investment signals for Bungowannah show: High Yield, Below Median, Affordable. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for Bungowannah?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the Bungowannah data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.