Palerang Region Property Report AUTUMN 2025 Courtesy of Ray White Bungendore
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 median price holding around the $980,000 mark (Pricefinder). While this represents a modest dip from the highs of recent years, it’s also reflective of a market finding its new balance. Importantly, the rate of change in median prices appears to be steady, suggesting market stabilisation. While pricing continues to reflect the tightening of buyers’ budgets, local properties remain in high demand, particularly those that are well-presented and offer a change in lifestyle. Limited stock continues to play a major role; properties that are well-prepared and priced right are attracting stronger interest. We continue to see discerning buyers entering the market, who are taking time to weigh their options. For sellers, this reinforces the importance of presentation and strategy. From small touchups and landscaping to effective marketing and pricing, success in today’s market is all about continued efforts throughout the campaign to shine as brightly as possible. For buyers, this has been a season of opportunity, particularly for those who have been looking to move to the area for a while. With interest rates holding relatively steady and even threatening to reduce, and inflation beginning to ease, confidence is returning across the country. Bungendore’s appeal is never up for debate, with village charm, a growing community, and easy access to the nation’s capital. We continue to meet buyers moving from Canberra, Sydney and much much further who are chasing a more relaxed lifestyle and echo the sentiment that things are ‘better in Bungendore!’ If you’re considering a purchase, a move, or are simply curious about your homes value, our team is here to provide local insight and support. If you’d like an updated appraisal or help navigating the current market, we’re always happy to help. WHAT’S HAPPENING IN OUR MARKET?
OUR RECENT SALES IN YOUR AREA SOLD $1,610,000 SOLD $1,040,000 SOLD $1,200,000 SOLD $1,550,000 SOLD $885,000 SOLD $1,360,000 SOLD CONTACT AGENT SOLD $1,932,000 18 Butts Road, Murrumbateman 2 Chinnery Close, Bungendore 6 Rocky Glen Road, Bungendore 91 Radcliffe Circuit, Carwoola 74 Butmaroo Street, Bungendore 33 Osborne Street, Bungendore 58 Bingley Way, Wamboin 345 Weeroona Drive, Wamboin 4 2 4 5 2 3 1 1 0 3 2 8 4 3 4 5 3 9 4 3 9 6 3 10
OUR RECENT SALES IN YOUR AREA SOLD CONTACT AGENT SOLD $850,000 SOLD $1,255,000 SOLD $1,245,000 SOLD $1,015,000 SOLD $245,000 SOLD $1,275,000 SOLD $570,000 37 Essendon Road, Bungendore 150 Boro Road, Boro 451 Neils Creek Road, Bungendore 12 Cobb Court, Bungendore 9 McKay Drive, Bungendore 17/5 Mowatt Street, Queanbeyan East 6 Nelson Terrace, Bungendore 38/65 Forster Street, Bungendore 4 2 4 3 1 0 4 2 6 4 2 3 4 2 4 1 1 1 4 2 3 2 2 1
PREPARING YOUR HOME FOR A WINTER SALE Winter can be a great time to sell your home, offering unique advantages. Here are some tips for making a sale in colder months: • Prepare for warmth: enhance the cozy appeal of your home to attract buyers. Keep your home warm during open homes & viewings; utilise fireplaces, heaters and add warm colours and textures to interior styling, particularly in cushions, throws and bedding. • Maintain cleanliness: winter demands extra effort to tackle mud, moss, mould and leaves from steps, entrance ways, outdoor furniture and decks to ensure your home remains inviting. • Enhance outdoor spaces: make your garden appealing with simple updates and demonstrate how outdoor areas can be enjoyed year-round, possibly adding features such as a firepit or outdoor heater. • Brighten it up: maximise natural light with clean windows, fully open blinds/curtains and keep the interior well lit to make spaces feel welcoming, and enhance the feeling of energy efficiency. Focusing on these aspects can help your home sell effectively in winter. Don’t hesitate to get in touch with us to learn more about how to make your property stand out from the crowd.
A changing market means a changing property value. Curious to know what your property is worth in the current market? Ellie Merriman 0402 117 877 ellie.merriman@raywhite.com Doug Merriman 0419 999 001 doug.merriman@raywhite.com HOW MUCH IS MY PROPERTY WORTH? Our appraisals are on the house. Get in touch with us today. Ava Merriman 0429 517 003 ava.merriman@raywhite.com Ray White Bungendore 6238 0700 10 Malbon Street, Bungendore NSW 2621
A WORD FROM OUR CLIENTS “From the first contact until and including settlement Ava and her team made selling our house an absolute breeze. Ava at all times went over and above and never made us feel like anything was an issue. I could not thank her or recommend her highly enough.” Sam, Vendor in Bungendore “From the start Ellie was forthright and had a complete knowledge of the property and its history. Down to earth.” Charles and Cleonie, Vendor in Bungendore “Doug has been terrific ever since we made the first enquiry late last year. Nothing was too much trouble and he was reasonable and logical in his advice.” William, Vendor in Bungendore “Ava Merriman is an absolute saint! She always kept me updated on a very challenging land purchase and did everything in her power to make my dream come true. Ava sourced a plethora of documents for me to study the property, committed to multiple inspections and endless questions, and even represented me at the local council to get some information verified. I worked with Ava for approximately nine months and she was consistently professional, patient and empathetic throughout the whole journey. Thanks to Ava, I was able to purchase my dream property. If you want a genuinely trustworthy real estate agent who will always do their best for you, ask for Ava Merriman! She won’t let you down!” Rick, Purchaser in Boro
Ray White Bungendore 10 Malbon Street, Bungendore (02) 6238 0700 bungendore.nsw@raywhite.com raywhitebungendore.com.au Doug Merriman Principal/Sales Licensed Real Estate Agent & Stock & Station Agent 0419 999 001 doug.merriman@raywhite.com Ellie Merriman Principal/Sales Licensed Real Estate Agent & Stock & Station Agent 0402 117 877 ellie.merriman@raywhite.com Ava Merriman Sales Licensed Sales Agent 0429 517 003 ava.merriman@raywhite.com YOUR RAY WHITE TEAM Grace Tobler Client Services 6238 0700 grace.tobler@raywhite.com Erin Harris Client Services 6238 0700 erin.harris@raywhite.com
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