Located down a quiet country lane is the property 'Blue Springs', it is only 20 minute drive from the historic township of Gulgong and just 40 minutes driving from the popular township of Mudgee. The property is 118 Ha or 292 acres has good water with 7 dams and is a perfect balance of native bush and cleared grazing land and is suitable for running livestock, bush walking, trail riding and hunting. The homestead is a comfortable 3 bedroom home with power and phone connected as well as a wood fire, air conditioning, a rear patio and carport, other improvements include a steel framed 3 bay machinery shed and a large set of cattle yards with a crush and ramp. This property has a lot to offer and could be the perfect weekender or permanent residence.
The size of Bungaba is approximately 122 square kilometres. The population of Bungaba in 2011 was 550 people. By 2016 the population was 82 showing a population decline of 85.1% in the area during that time. The predominant age group in Bungaba is 60-69 years. Households in Bungaba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bungaba work in a machinery operators and drivers occupation. In 2011, 90.1% of the homes in Bungaba were owner-occupied compared with 87.5% in 2016..
Bungaba has 79 properties. Over the last 5 years, Houses in Bungaba have seen a 62.58% increase in median value, while Units have seen a 176.78% increase. As at 31 August 2024:
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