Bungendore Market Update 2 nd H a l f 2 0 2 6
OVERVIEW In Q2 2026, Bungendore* recorded a median house price of $1,135,000, and a median unit price of $450,000. This is an annual (Q2 2025 – Q2 2026) price growth of 5.6% for houses, whilst the number of house sales increased by 2.9% (to 35 for houses in Q2 2026). This suggest houses are highly demanded, which creates a buffer against multiple cash rate hikes in 2026. Thus, there is an opportunity for owners to capitalise on their investments. Median land prices have softened, however with only 3 land sales in Q2 2026 it is a very small market. Thus, price fluctuations are common. There is new supply planned for construction in Bungendore*, however this is limited and will take time to deliver. Buyers must act fast.
CHANGE FROM LAST
YEAR
FUTURE DEVELOPMENTS** Bungendore will see approximately $241.5M of new developments due to commence construction between 2022 and 2028.
Residential $18.4M
HALF YEAR
HOUSE SALE S
Mixed-Use
Commercial
Projects $2.1M
$7.1M
Infrastructure
HOUSE ME DIAN PRICE
$211.8M
HOUSE RE NTAL PRICE
LAND SALE S There are multiple infrastructure and commercial developments planned in Bungendore between 2022-2028. This will improve livability and create job opportunities in a range of sectors. This can have a spill-over impact, in the form of higher demand for housing.
LAND ME DIAN PRICE
$
Key residential projects include:
MARKET CONDITIONS MEDIAN PRICE Q2 2026
$1.1M
SALES
$450K
MEDIAN PRICE Q2 2026
AVERAGE DAYS ON MARKET Q2 2026
75
56
HOUSE
L A N D
RENTALS
•
174 Tarago Road (260 Lots)
•
73 Ellendon Street (14 Units & 6 Dwellings)
Although new houses are planned, this is not enough to meet current demand (35 house sales in Q2 2026). There is a significant number of residential land lots created, however construction into a new house will take time. Thus, higher property prices are highly likely.
AVERAGE DAYS ON MARKET Q2 2026
6 Dwellings
$810
27 HOUSE
14 Units/ Apartments
260 Lots