On October 14, 2019, the median price for a house in Bunyip was $516,000. This year there have been 28 houses sold. Of these house sales, 17 were three bedrooms. It takes approximately 59 days to sell a house. The annual capital growth for homes is 6.49%. The 12-month capital growth is -6.61% on houses. The gross rental yield for a house is 4.13%.
The Demand to Supply Ratio or DSR ranking says that an investment in houses is above average. This is a healthy market for investors. Vendors are usually getting their asking price. Sometimes buyers can get a lower than advertised price. The national average for property growth should marginally stay ahead of the average of the nation.
House prices and rent returns in Bunyip.
- 3 bedroom home $502,000 Rent per week No Data
- 4 bedroom home $623,000 Rent per week No Data
Are you going to put your house on the market for sale? If so, we provide free property appraisals on land, units, apartments and houses. We present our valuation on the property’s proximity to schools, shops and amenities. Nearby public transport is taken into account as is the recent sales history in the suburb. Our appraisers know the region well and will give you an accurate estimation as to the worth of your home.
Have you just purchased an investment property and need a rental manager? Or, are you vacating your home and would like to rent it out? Our property management team currently manage over 200 homes in Drouin, Warragul and surrounding towns. We have a database of tenants that are actively looking to rent all type of property. All our prospective tenants are vetted for security purposes. We engage closely with the landlord. Initially, we determine the length of the rental and the preferred tenant. From here we can place the renter, collect the monthly rent, carry out routine inspections and tend to maintenance issues. We will give you a free rental appraisal that should accurately reflect your weekly rent return.
Property Valuation Bunyip
Are you aware that an appraisal is different from a valuation? A real estate sales agent can give you an estimate as to the worth of your home. But, let’s say you require a valuation for legal reasons. Then, the valuation must be performed by a licenced valuer and there will be a fee.
Recently Sold Homes in Bunyip and surrounds.
View our list of recently sold homes in Bunyip and surrounding suburbs.
Lifestyle in Bunyip
Bunyip is a small, country town with a big personality. Located in the Shire of Cardinia and just a short drive from the Princes Highway, Bunyip is home to a country pub, a number of shops and some great cafes offering great quality food and coffee. On the last Sunday of every month, the town hosts a community market selling fresh fruit and vegetables as well as other enticing produce. Interestingly, the town is named after a mythical creature, known as the Bunyip or Bunyeep, which according to legend lived in and around swampy areas. Bunyip is located 81 kilometres south-east of Melbourne. At the last Census, there were 2468 residents. Its neighbouring towns include Longwarry and Garfield.
Schools in Bunyip
There is 2 school in Bunyip.
- Bunyip Primary School Co-educational
- Columba Catholic School K-6 Co-educational