Mount Bundey, NORTHERN-TERRITORY Real Estate & Suburb Profile

About Mount Bundey Real Estate

Mount Bundey is a locality in the Northern Territory of Australia located about 115 kilometres (71 mi) east of the territory capital of Darwin.
The locality consists of land bounded to the north by the Arnhem Highway and to the east by the Kakadu National Park. The locality is named from a hill named Mount Bundey which itself is named after the cadastral unit of the Hundred of Bundey. Its boundaries and name were gazetted on 4 April 2007.
The Mount Bundey Training Area, an Australian Defence Force facility, occupies the eastern side of the locality.
The 2016 Australian census which was conducted in August 2016 reports that Mount Bundey had 33 people living within its boundaries.
Mount Bundey is located within the federal division of Lingiari, the territory electoral division of Goyder and within the unincorporated areas of the Northern Territory.

Property Investment Potential

When analyzing the local real estate landscape, Mount Bundey presents a dynamic opportunity. With median property prices sitting around $2,323,000 and delivering an average rental yield of 2.7%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 53 days on the market, underscoring the consistent demand in this part of Northern Territory. For accurate financial planning, check out our investment calculators to estimate your potential returns.