BUNBURY PROPERTY MARKET UPDATE

September Quarter 2026

Bunbury has entered spring with its property market remaining strong, although the latest figures suggest conditions are becoming more balanced after the rapid growth experienced over recent years.

SALES MARKET

The latest REIWA data shows the Bunbury suburb median house price at $950,000, based on sales over the 12 months to August 2026.

Median House Price: $950,000
Lower Quartile: $724,000
Upper Quartile: $1.32 million
Median Unit Price: $610,000

The most recent official quarterly regional data showed the broader Bunbury regional centre recording a median house sale price of $780,000 for the June quarter, unchanged over the quarter but 14.7% higher than a year earlier.

This indicates that while the pace of price growth may be moderating, Bunbury property values remain substantially higher than they were 12 months ago.

The difference between the $950,000 suburb figure and $780,000 regional-centre figure reflects the different geographic areas and reporting methodologies used in the two REIWA datasets.

RENTAL MARKET

Rental conditions remain particularly tight.

The latest Bunbury suburb figures show a median house rent of $650 per week, while units are approximately $550 per week.

The broader Bunbury regional centre recorded a median rent of approximately $657.50 per week in the latest completed quarterly data. This was down 3.3% over the quarter but remained 1.2% higher than a year earlier.

Importantly, the Bunbury vacancy rate was just 1.6% in August, falling from 2.0% in July.

REIWA considers a vacancy rate of approximately 2.5%–3.5% to represent a balanced rental market, meaning Bunbury remains firmly below balanced conditions.

WHAT DOES THIS MEAN?

For property owners, values remain significantly above their levels of a year ago despite some signs that the extraordinary rate of growth is easing.

For investors, Bunbury continues to benefit from a very tight rental market, with limited vacancy supporting rental demand.

For tenants, competition for well-presented and appropriately priced rental properties remains strong, particularly while the vacancy rate remains well below balanced-market levels.

For buyers, increased price sensitivity means correct pricing and property presentation are becoming increasingly important. Quality homes can still attract strong interest, but buyers are taking greater care when assessing value.

THE BOTTOM LINE

Bunbury remains a strong regional property market. Sale prices are considerably higher than a year ago, rental vacancies remain tight and demand for housing continues to underpin the market.

As we move through the final quarter of 2026, the key indicators to watch will be new listing volumes, buyer demand, vacancy rates and the availability of rental accommodation.

Market information sourced from REIWA/Landgate and represents the latest available information as at the end of September 2026. Some sales figures are rolling annual figures rather than final September-quarter results.

The strongest newsletter stats to pull out graphically are $950K median house price | $610K median unit price | $650pw median house rent | 1.6% Bunbury vacancy rate. REIWA’s latest Bunbury profile supports the price/rent figures, while its August vacancy data shows Bunbury at 1.6%, compared with 2.0% in July and 1.5% in August 2025.

REIWA Bunbury market data