The summer quarter; lots of family time, travel, and plenty of time at home, too.
The market has been moving positively through summer, with our agents noting a pleasing increase in open-home attendances, more negotiations per property, and some strong sales results feeding through as well.
There have been some major market movements in Bungendore and the surrounding areas. A residential record sales price was achieved at 79 Trucking Yard land in Bungendore late last year, setting the Bungendore residential sales record at $2,100,000. How exciting for our community to see properties of this calibre, and congratulations to the owners and buyers of this stunning home.
This isn’t the end of interesting and exciting sales, the Molonglo Observatory Synthesis Telescope changing hands at auction with some amazing historic infrastructure in place, 52 Newington Road setting expectations high for gardens even through these hot summer months, and our highest sale price over the quarter was 275 Mulligans Flat Road selling in the mid 2m’s.
There are many buyers out and about at the moment, and it’s been exciting for our team to see so many new faces looking to make this area their new home. We are seeing strong demand for residential homes that are ready to move into, lifestyle properties that allow for families and hobbies, and a lot of buzz around affordable homes that new owners can renovate and make their own.
On the team front, we’re feeling energised and excited to take on the new year, just like the Bungendore High School students & the BHS P&C. We are proud to be the sponsor of ‘BHS O Week’ and look forward to sharing fun times with this important group of young people.
Our team has never been more ready to talk property, and is on deck to discuss your goals for 2026.
It’s been a busy quarter in the Ray White Bungendore office; our team has been battling the weather and is embracing the first whispers of spring. Before we let ourselves get too excited about the busiest time of year in property sales, we have a great opportunity to reflect on … Read more
The year is moving quickly, and as we move into the cooler months, the Bungendore property market has continued its steady adjustment. We see trends emerging that reflect both broader economic conditions and local buyer sentiment as we approach the mid-year point of 2025. The Autumn quarter has seen the … Read more