Bungowannah is a quaint rural locality in New South Wales, located near the magnificent Murray River. This peaceful area is known for its picturesque landscapes, close-knit community, and easy access to natural amenities. With a mix of agricultural and residential properties, Bungowannah provides a lifestyle that appeals to families, retirees, and individuals seeking tranquility away from the bustle of city life. This article delves into the best residential areas of Bungowannah, detailing their characteristics, housing options, and average prices.
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Bungowannah Village

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Bungowannah Village embodies a charming rural lifestyle while offering residents easy access to essential amenities. It serves as the main residential hub in Bungowannah, perfect for families and retirees who appreciate community connection and local services.
Characteristics of the Bungowannah Village
* Culture: Strong community spirit with local events and markets
* Transportation: Transport mainly via private vehicles; public transport options are limited
* Services: Local shops, pubs, and recreational areas
* Environment: Friendly and welcoming
Housing Options in the Bungowannah Village
Single-family homes, townhouses, and apartments
Average Home Prices in the Bungowannah Village
* Buying: $300,000 – $450,000
* Renting: $1,200 – $1,800/month
Murray Riverfront Properties

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The properties along the Murray River offer stunning views and direct access to water-based activities. Ideal for those who enjoy outdoor pursuits such as fishing, boating, and hiking, this area provides a serene living environment.
Characteristics of the Murray Riverfront Properties
* Culture: Outdoor lifestyle with a focus on water activities
* Transportation: Car essential, with nearby parks and access roads
* Services: Limited local shops; larger amenities available in Albury
* Environment: Tranquil with a natural feel
Housing Options in the Murray Riverfront Properties
Riverside houses, recreational properties, and holiday homes
Average Home Prices in the Murray Riverfront Properties
* Buying: $350,000 – $600,000
* Renting: $1,500 – $2,200/month
Willow Tree Lane

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Willow Tree Lane is known for its spacious blocks and family-friendly atmosphere. This area is popular among families looking for larger homes with outdoor space for children.
Characteristics of the Willow Tree Lane
* Culture: Family-oriented community with a rural lifestyle
* Transportation: Private cars predominately used; quiet suburban streets
* Services: Close proximity to schools and local parks
* Environment: Suburban and inviting
Housing Options in the Willow Tree Lane
Large family homes, duplexes, and granny flats
Average Home Prices in the Willow Tree Lane
* Buying: $400,000 – $550,000
* Renting: $1,400 – $2,000/month
Farmstead Area

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The Farmstead Area is ideal for those seeking spacious living on larger properties. Surrounded by farmland, this area offers a peaceful setting away from city life.
Characteristics of the Farmstead Area
* Culture: Agricultural community with a focus on rural activities and farming
* Transportation: Car essential; very limited public transport
* Services: Few local amenities; general stores within a short drive
* Environment: Rural and quiet
Housing Options in the Farmstead Area
Farmhouses and larger rural properties
Average Home Prices in the Farmstead Area
* Buying: $500,000 – $800,000
* Renting: $1,800 – $2,500/month
Greenfields Subdivision

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Greenfields Subdivision offers modern homes and fresh developments, appealing to first-home buyers and investors looking for new properties. The community is designed for easy living with all essential services within reach.
Characteristics of the Greenfields Subdivision
* Culture: New and modern infrastructure with a focus on community living
* Transportation: Well-laid-out roads; mainly car reliance
* Services: Nearby shopping centres and schools
* Environment: Contemporary and inviting
Housing Options in the Greenfields Subdivision
Newly built homes, units, and townhouses
Average Home Prices in the Greenfields Subdivision
* Buying: $350,000 – $500,000
* Renting: $1,300 – $1,900/month
Hillside Retreat

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Hillside Retreat is situated on elevated land providing stunning views of the surrounding countryside and the Murray River offers. This area is excellent for those seeking a peaceful retreat with spectacular vistas.
Characteristics of the Hillside Retreat
* Culture: Nature-centric with an emphasis on scenic lifestyle
* Transportation: Best accessed by car; winding roads
* Services: More remote; access to basic amenities in nearby villages
* Environment: Serene and picturesque
Housing Options in the Hillside Retreat
Luxury homes and scenic properties
Average Home Prices in the Hillside Retreat
* Buying: $800,000 – $1,200,000
* Renting: $2,300 – $3,500/month
Frequently Asked Questions About the Best Residential Areas in Bungowannah:
The best residential areas in Bungowannah include Bungowannah Village, Murray Riverfront Properties, Willow Tree Lane, Farmstead Area, Greenfields Subdivision, and Hillside Retreat.
Yes, Bungowannah offers a family-friendly environment with spacious homes, local schools, and community activities, particularly in areas like Willow Tree Lane.
The average property price varies by area, generally ranging from $300,000 to over $1,200,000 depending on the location and type of property.
Bungowannah offers various outdoor activities, including fishing, boating, and hiking along the Murray River, along with community events and markets.
Yes, Bungowannah presents various investment opportunities, particularly in new developments like the Greenfields Subdivision, attracting first-home buyers and investors.
Transport in Bungowannah is primarily by private vehicle, with limited public transport services available.
Bungowannah has local shops, pubs, and community facilities, with larger amenities located in nearby Albury.
The lifestyle in Bungowannah is peaceful and community-oriented, focusing on rural living while having access to natural beauty.
Yes, Bungowannah has various rental properties, including houses, townhouses, and units, with average rents ranging from $1,200 to $3,500/month.
Real estate trends in Bungowannah reflect gradual growth, particularly in newly developed areas, with increasing interest from buyers seeking a rural lifestyle.
Conclusion on the Best Residential Areas in Bungowannah:
Bungowannah offers a variety of residential areas that cater to different lifestyles, from the friendly community of Bungowannah Village to the tranquil riverside living of Murray Riverfront Properties. Whether you're a family seeking space and community or an investor looking for rising property values, this locality has something to offer. The picturesque landscape, combined with convenient access to nature and community amenities, makes Bungowannah an attractive choice for anyone seeking a peaceful yet fulfilling lifestyle.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.