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RENTAL GROWTH 2025€

House rental yields in Bungendore¥ was 3.3%as of December 2025, which is slightly below the Queanbeyan-Palerang LGA(4.0%) average but above Canberra Metro (3.1%). Further, median house rental price increased by 17.2%in the past 12 months to Q4 2025,at $762per week. In this time the number of houses rented declined, by -31.0% in the past 12months (to 20houses in Q4 2025). This is anopportunity for investors, as there is anundersupplied house rental market.

3-bedroom houses have provided investors with +7.1%rental growth annually, achieving a median rent of $630per week.

Bungendore¥ recorded a high vacancy rate of 6.3%in December 2025, which was a spike when compared to previous months and the 3-year average of 3.6%. Vacancy rates fluctuated in the past 12months but showed a sharp increase in December 2025,most likely due to seasonal changes in the market and a very small (thus volatile) rental market. Despite this, Bungendore¥ vacancy rate average in 2025was 3.2%,which is on par tothe Real Estate Institute of Australia’s healthy benchmark of 3.0%. This indicates a healthy rental market, which benefits investors.

RENTAL VACANCY RATES 2025

Bungendore (2621)

Queanbeyan-Palerang LGA

Bungendore (2621)¥

PROJECT DEVELOPMENT MAP 2022-2026 ₳

BUNGENDORE

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REFERENCES

* Bungendore sales market data and key indicators encapsulates aggregate property market conditions within the suburb of Bungendore.

** Estimated values are based on construction value provided by the relevant data authority and does not reflect commercial and/or re-sale value.

# 2024 encapsulates sales transactions for the 2025 full year (01/01/2025 – 31/12/2025).

€ Annual rental growth is a comparison between Q4 2024 (01/10/2024 – 31/12/2024) and Q4 2025 (01/10/2025 – 31/12/2025) house median rent figures.

¥ Bungendore rental market data encapsulates aggregate property conditions within the postcode of 2621.

§ Rental yields shown are as reported as of December 2025.

₳ Project development map showcases a sample of upcoming projects only, due to accuracy of addresses provided by the data provider for geocoding purposes.

£ Projects refers to the top developments within the suburb of Bungendore.

µ Estimated value is the value of construction costs provided by relevant data authority, it does not reflect the project’s sale/commercial value.

ψ Commencement date quoted for each project is an approximate only, as provided by the relevant data authority, PRD does not hold any liability to the exact date.

Source: APM Pricefinder, Cordell Connect database, SQM Research, Esri ArcGIS.

Disclaimer: PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material.