Bundanoon (NSW)

Population growth drivers in Bundanoon are above average based on AreaSearch's ranking of recent, and medium to long-term trends

As of May 2026, the estimated population of the suburb of Bundanoon (NSW) is around 2,837. This reflects a decrease from the 2021 Census figure of 2,869 people, a reduction of 32 individuals or approximately 1.1%. AreaSearch's estimation of the resident population as of June 2025 was 2,828, with an additional 65 validated new addresses since the Census date contributing to this number. This results in a population density ratio of 48 persons per square kilometer. Overseas migration accounted for approximately 62.0% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for the years 2032 to 2041. Based on aggregated SA2-level projections, the suburb of Bundanoon (NSW) is expected to have an above median population growth compared to national non-metropolitan areas. By 2041, the area's population is projected to increase by 457 persons, reflecting a total increase of approximately 15.8% over the 16-year period.

Residential development activity is lower than average in Bundanoon according to AreaSearch's national comparison of local real estate markets

AreaSearch analysis of ABS building approval numbers shows Bundanoon had around 31 dwelling approvals per year over the past five financial years, totalling an estimated 157 homes. As of FY26, 11 approvals have been recorded. Despite population decline, development activity has been adequate relative to population change. Average construction cost for new dwellings is $929,000, indicating focus on premium market developments.

This financial year, Bundanoon has seen $1.8 million in commercial development approvals, reflecting its residential nature. Compared to Rest of NSW, Bundanoon records 70.0% more new home approvals per person. Development activity has moderated recently but remains well above national average, suggesting strong developer confidence. New developments consist of 84.0% detached dwellings and 16.0% attached dwellings, maintaining the area's low density character with a focus on family homes. With around 141 people per approval, Bundanoon reflects a low density area.

AreaSearch estimates Bundanoon will grow by 448 residents by 2041. Current construction levels should meet demand, creating favourable conditions for buyers and potentially enabling growth exceeding current forecasts.

Bundanoon has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. A single project has been identified by AreaSearch as potentially impacting the area. Key projects include Bundanoon Village Place Plan, Southern Highlands Overtaking Opportunities, Sydney-Canberra Rail Connectivity And Capacity, and Paling Yards Wind Farm. The following list details those likely to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment conditions in Bundanoon demonstrate exceptional strength compared to most Australian markets

Bundanoon has a well-educated workforce with diverse sector representation. Its unemployment rate is 1.1%, with an estimated employment growth of 0.6% over the past year, according to AreaSearch's aggregation of statistical area data. As of December 2025, there are 1,151 residents in work, and the unemployment rate is 2.8% lower than Regional NSW's rate of 3.9%.

Workforce participation lags significantly at 45.9%, compared to Regional NSW's 60.5%. Census responses show that 29.1% of residents work from home, though Covid-19 lockdown impacts should be considered. The dominant employment sectors among residents include health care & social assistance, construction, and professional & technical services. Bundanoon has a notably high concentration in professional & technical jobs, with employment levels at 2.0 times the regional average.

Conversely, agriculture, forestry & fishing is under-represented, with only 2.4% of Bundanoon's workforce compared to Regional NSW's 5.3%. The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Over a 12-month period ending in May-25, employment increased by 0.6%, labour force increased by 1.1%, and unemployment rose by 0.5 percentage points. This contrasts with Regional NSW, where employment contracted by 1.2%, the labour force fell by 0.8%, and unemployment rose by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years for national employment. Applying these projections to Bundanoon's employment mix suggests local employment should increase by 6.7% over five years and 13.7% over ten years, based on simple weighting extrapolation for illustrative purposes only.

The area's income levels rank in the lower 15% nationally based on AreaSearch comparative data

AreaSearch's latest postcode level ATO data for financial year 2023 indicates Bundanoon's median income among taxpayers is $40,396. The average income for the suburb during this period was $64,078. Both figures are below national averages. Regional NSW had a median income of $52,390 and an average of $65,215 in the same financial year. Based on Wage Price Index growth of 10.32% since financial year 2023, current estimates for Bundanoon's median income would be approximately $44,565 as of March 2026, with an average of around $70,691 during the same period. The 2021 Census data shows that household, family and personal incomes in Bundanoon all fall between the 19th and 21st percentiles nationally. Income distribution reveals that 27.5% of Bundanoon residents earn between $800 - $1,499 annually (780 individuals), differing from broader area trends where the $1,500 - $2,999 category is dominant at 29.9%. Despite modest housing costs allowing for 87.6% income retention, Bundanoon's total disposable income ranks at just the 24th percentile nationally. The suburb's SEIFA income ranking places it in the 6th decile.

Bundanoon is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Bundanoon's dwelling structure, as per the latest Census, consisted of 96.1% houses and 3.9% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Regional NSW's 82.6% houses and 17.4% other dwellings. Home ownership in Bundanoon was 61.2%, with mortgaged dwellings at 25.6% and rented ones at 13.2%. The median monthly mortgage repayment in the area was $1,820, higher than Regional NSW's $1,733. The median weekly rent in Bundanoon was $400, compared to Regional NSW's $330. Nationally, Bundanoon's mortgage repayments were lower than the Australian average of $1,863, while rents exceeded the national figure of $375.

Bundanoon features high concentrations of lone person households, with a lower-than-average median household size

Family households account for 67.8% of all households, including 17.7% couples with children, 40.9% couples without children, and 8.4% single parent families. Non-family households constitute the remaining 32.2%, with lone person households at 30.5% and group households comprising 1.9%. The median household size is 2.2 people, which is smaller than the Regional NSW average of 2.4.

The educational profile of Bundanoon exceeds national averages, with above-average qualification levels and academic performance metrics

Bundanoon's educational attainment is notably higher than broader standards. Among residents aged 15+, 33.8% have university qualifications, compared to 21.3% in the rest of NSW and 22.4% in the SA4 region. This significant educational advantage favours Bundanoon for knowledge-based opportunities. Bachelor degrees are most prevalent at 20.8%, followed by postgraduate qualifications (8.9%) and graduate diplomas (4.1%).

Vocational credentials are also prominent, with 37.7% of residents aged 15+ holding such qualifications – advanced diplomas at 13.0% and certificates at 24.7%. A substantial 21.2% of Bundanoon's population is currently engaged in formal education. This includes 6.9% in primary education, 6.3% in secondary education, and 2.8% pursuing tertiary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Bundanoon has 52 active public transport stops offering a mix of train and bus services. These stops are served by 17 different routes that collectively facilitate 698 weekly passenger trips. The area's transport accessibility is deemed good, with residents typically located 272 meters from the nearest stop. Most residents commute outward due to Bundanoon being primarily residential. Car remains the dominant mode of transportation at 94%. On average, there are 1.4 vehicles per dwelling in the area.

According to the 2021 Census, a high proportion of residents, specifically 29.1%, work from home, which may be partly due to COVID-19 conditions. The service frequency averages 99 trips per day across all routes, translating to approximately 13 weekly trips per individual stop.

The level of general health in Bundanoon is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Bundanoon shows above-average health outcomes, as assessed by AreaSearch using mortality rates and chronic condition prevalence.

Both younger and older age groups have low prevalence of common health conditions. Private health cover is held by approximately 52% of Bundanoon's total population (~1,483 people), leading the average SA2 area. The most prevalent medical conditions are arthritis (affecting 13.2% of residents) and mental health issues (8.0%). A total of 58.2% of residents report no medical ailments, compared to 63.3% across Regional NSW. Working-age population health challenges include elevated chronic condition rates. Bundanoon has a higher proportion of seniors aged 65 and over at 42.8% (1,214 people), compared to the 23.4% in Regional NSW. Health outcomes among seniors are notably strong, ranking higher than the general population nationally.

Bundanoon ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Bundanoon was found to have a below average level of cultural diversity, with 76.8% of its population born in Australia, 90.6% being citizens, and 94.9% speaking English only at home. The dominant religion in Bundanoon is Christianity, comprising 55.2% of the population. Notably, Judaism is overrepresented in Bundanoon, making up 0.4% of the population compared to 0.1% across Regional NSW.

In terms of ancestry, the top three groups represented are English at 33.5%, Australian at 25.6%, and Scottish at 11.5%. There are also notable differences in the representation of certain ethnic groups: Welsh is overrepresented at 0.9% compared to 0.5% regionally, Hungarian at 0.3% compared to 0.2%, and Irish at 9.8% compared to 8.8%.

Bundanoon ranks among the oldest 10% of areas nationwide

Bundanoon has a median age of 59, which is significantly higher than Regional NSW's figure of 43 and the Australian median of 38. Compared to Regional NSW, Bundanoon has a higher proportion of residents aged 65-74 (21.8%) but fewer residents aged 25-34 (5.7%). This concentration of 65-74 year-olds is well above the national figure of 9.4%. According to post-2021 Census data, the proportion of Bundanoon's population aged 75-84 has grown from 13.0% to 16.1%, while the proportions for the 45-54 and 55-64 age groups have declined (from 10.7% to 9.1% and from 16.3% to 15.2%, respectively). By 2041, demographic projections indicate significant shifts in Bundanoon's age structure, with the 85+ cohort showing the strongest growth at 62%, adding 85 residents to reach a total of 225. The 55-64 age group is projected to grow by 2%, adding only 9 residents.