Bunbury Property Market Trends 6230 And City Highlights
Bunbury, a coastal city in Western Australia, is widely known for its various attractions. From its thriving port and diverse economy to its numerous educational institutions and cultural events, Bunbury has something to offer everyone.
Bunbury’s attractive qualities have led to the growth of local property over the years, with demand for all types of properties increasing. In this article, we will look at Bunbury’s property market trends and other city highlights that will catch your attention!
Property Trends in Bunbury
The property market is ever-changing, with constant ups and downs. This is the same situation in Bunbury. The median house price in Bunbury has been experiencing increases and decreases in recent years.
As of February 2023, the median house price was $640 000. This shows a significant decrease from the median house price of $645 000, which was recorded from February 2022 to January 2023. While this is a small decrease, it is a good thing if you’re planning to buy a house!
A family house with 4 bedrooms was priced at $915 000 as of February 2023, while a 3-bedroom house was $575 000. On the other hand, units/apartments retail for $414 000, which is an increase from previous years. The median rental price for houses is $510 per week and $400 for units.
Overall, the Bunbury property market continues to be strong, with demand for properties in the region showing no signs of slowing down.
Related Topic: Finance & Mortgage Broker Bunbury WA 6230
General Information, Background, History
Bunbury was discovered in 1836 by the Governor of Western Australia, Sir James Stirling. He named the city after the British Member of Parliament and his friend, Sir Henry Bunbury. Before the city became Bunbury, the area belonged to the Wardandi Noongar people for thousands of years before European settlement in the early 19th century.
The settlement grew quickly, with the discovery of coal near the Collie River Valley and the creation of a port. Since the establishment of the port, Bunbury became an important trading centre for wool, coal, and timber exports during the late 19th and early 20th centuries.
Bunbury also developed a strong agricultural industry, with beef and dairy cattle farming becoming major economic contributors. With constant modernization, the city expanded in all its industries, including tourism, as it is now home to beautiful beaches, parks, and other attractions. Bunbury is also known for its festivals, art galleries, and performing arts venues.
Farming/Economic Activities in Bunbury
Bunbury has a thriving agriculture scene, so there is no surprise that it is home to several farms. These farms offer tourists the cool opportunity to take part in farming activities, such as animal feeding. They also offer tours and farm stays.
Harvey’s Fresh Farm
This family-owned farm is located in Harvey, about 45 minutes from Bunbury. The farm offers seasonal fruit-picking experiences, such as blueberries, raspberries, and strawberries. Let’s not mention the aesthetic pictures you can take with your pickings and nature’s background! You can also go on farm tours and learn about the history of the farm.
Ferguson Farmstay
This is a working farm in Wellington Mill, located about an hour from Bunbury. They offer a range of farm activities, such as interacting and feeding the animals, which include alpacas, sheep, and cows. You can also go on bush walks, watch sheep shearing demonstrations and partake in farm tours. There are wineries, boutique cottage industries, art galleries, and microbreweries in the Ferguson Valley for you to explore and enjoy.
Cape Lavender
This lavender farm in Capel, about 20 minutes from Bunbury, offers guided tours of the farm. You can go on lavender-picking experiences and attend workshops on how to use lavender in cooking, crafts, and beauty.
Remember! The availability of farm activities depends on the season and weather conditions, so you should always check with the farm ahead of time and book in advance if possible.
Things to Do in Bunbury
Whether you’re seeking adventure, relaxation, or a taste of Western Australian culture, Bunbury is the perfect destination to experience it all.
If you’re wondering what to do the next time you visit Bunbury, here are some ideas!
- Watch and swim with wild dolphins in Koombana Bay- The bay has an amazing beach to swim in, with its inviting and calm blue waters. You can also explore the Dolphin Discovery Centre, which is on the same bay, to join a wild dolphin tour. Afterwards, you can indulge in good food and drinks in the cafes.
- Visit the Bunbury Wildlife Park- This amazing attraction is 10 minutes from Koombana Bay. The park has over 60 native species and is a little haven for wildlife and nature lovers. You can feed and interact with the animals (remember to buy your seeds at the entrance). You may even get a chance to pet a kangaroo!
- Bunbury Farmers’ Market- While not a conventional tourist attraction, the market is definitely worth the visit. There are plenty of fresh fruits and vegetables to purchase. You can also connect with farmers and learn their way of living. There are also snacks and beverages to be had.
- View the Cityscape at the Marlston Hill Lookout Tower- This unique vantage point lets you take pictures of the city and remember your vacation. It is located close to the harbour, and you can get a view of the Indian Ocean. On a windy day, it can be more interesting.
- Bunbury Regional Art Gallery- This art gallery has a beautiful pink exterior and over six gallery spaces and is notably one of the major attractions in Bunbury. The City of Bunbury Art Collection was hosted here for a while and had a mix of new and old exhibits that caters to everyone’s taste, from enchanting to contemporary. Entry is free and worth the visit, even if you’re not an art lover.
- Walk or bike along the Mangrove Boardwalk- This boardwalk is located just a few minutes from Koombana Bay, and is a great place to take in the serene nature with the beauty of Bunbury. It is about 200 metres, so you can either walk or bike along nature. The waterway has an old community of tropical mangroves; you might spot a white one! It is cleaned and maintained by the Department of Parks and Wildlife, which ensures that the mangroves are protected.
What Is the Population of Bunbury
In the mid-20th century, Bunbury saw a huge population jump since the construction of the Bunbury Port and the regional airport. Bunbury’s population in 2023 is estimated to be 81 666. In 2006, the population of Bunbury was 54 482, showing a growth of 2% annually.
Experts project Bunbury’s population to rise to 100 000 by 2031. This is quite possible, as the region is home to a diverse range of industries, including manufacturing, agriculture, mining, and tourism.
The cost of living in Bunbury is generally lower than in larger cities such as Perth, but it still offers the same benefits as bigger cities. This makes it an attractive option for those looking to buy a home or invest in property.
The city is also known for its beautiful beaches, parks, and other natural attractions, making it an attractive place for those looking for a relaxed and outdoor-oriented lifestyle.
How Far Is Bunbury From
If you’re planning to travel, here are the distances from Bunbury to these cities:
- Perth- 168.3km (2 hours,13 minutes)
- Margaret River- 101.1km (1 hour,16 minutes)
- Busselton- 52.9km (43 minutes)
Frequently Asked Questions
What is the best time to visit Bunbury?
The best time to visit Bunbury is during the summer months of December to February when the weather is warm and sunny, and the beaches are at their best. However, you can enjoy the region’s natural attractions and outdoor activities year-round.
What is Bunbury famous for?
Bunbury is on a peninsula known as the City of Three Waters, making it a cool aquatic playground. You have the calm waters of Koombana Bay, the rumbles of the Indian Ocean to the west, and the peaceful Leschenault Inlet. This makes activities such as surfing, boating, canoeing, and stand-up paddle boarding very popular.