Wonderful investment opportunity to acquire this parcel of land with a view to creating a dual income property with lovely views of the Bay of Port Stephens. Surrounded by the Bay of Port Stephens with access to 2 boat ramps and a wonderful reserve for the children to play football, soccer or just have a family picnic with the BBQ on the waterfront. 10 minutes to surf beaches, Myall River, Coles and medical centre. Owner keen to meet the market.
The size of Bundabah is approximately 3.1 square kilometres. It has 1 park. The population of Bundabah in 2011 was 291 people. By 2016 the population was 91 showing a population decline of 68.7% in the area during that time. The predominant age group in Bundabah is 50-59 years. Households in Bundabah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bundabah work in a clerical occupation. In 2011, 75.3% of the homes in Bundabah were owner-occupied compared with 82.7% in 2016.
Bundabah has 198 properties. Over the last 5 years, Houses in Bundabah have seen a -23.81% decrease in median value, while Units have seen a 212.37% increase. As at 31 October 2024:
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