11 Bungown Place, Mount Austin NSW 2650
Analysis of 11 Bungown Place, Mount Austin NSW 2650, published from a price guide prepared on 2026-08-27. Anyone who has been through this one is welcome to add what they saw.
3 bed · 1 bath · 1 car · 105m2 · 942m2 land · house
A good price is about $610,000. I would walk past $640,000.
- 11 Bungown Place, Mount Austin NSW 2650 is a ~105m2 house on a 942m2 cul-de-sac block, built in 1965, listed at $590,000 to $610,000 and 1 day on market.
- The condition is genuinely good and I checked it in the photos rather than taking the advertisement's word for it. The kitchen has been updated, cream doors with a grey benchtop and a stainless oven. The bathroom has been fully refitted, frameless shower, built-in bath, wood-look tile. There are timber floors through the living areas. It is a cosmetic refit rather than a gut renovation, but it is a good one and it means you are not walking into work.
- The block is the other strength and it is the thing most people will underrate. At 942m2 it is close to 300m2 bigger than the house I have anchored to, flat and fully fenced.
- The weakness is parking. There is a single flat-roof carport and no shed, and every sale below has more.
- Adjusted back to this property for size, land, parking and condition, the two reliable sales land at $615,141 and $619,500. One is a near twin and the other is 42m2 bigger, and they come at it from opposite directions and finish within about $4,400 of each other. That is usually the number.
- There is a second line worth more than any model here. The vendor paid $465,000 in May 2024. Rolled forward at the same ~11.9% a year I have used on the sales, that implies about $600,000 today, and it gets there without touching a comparable sale at all.
- CoreLogic's automated estimate is also $600,000, though on medium confidence with a wide $526,000 to $670,000 band, and there is no Domain estimate to cross-check it against because the listing is only a day old. I am treating it as corroboration rather than as the basis.
- The other side of it: the campaign is one day old, so the vendor has no pressure on them whatsoever and is very unlikely to take a low offer this early. This is one to be ready on rather than to push hard on straight away.
- A good price to pay is around the $610,000 mark, still fair up to $625,000. I would walk past $640,000 - at that level you are paying shed money for a place that has not got one.
$595KA BARGAIN$610KA GOOD PRICE$625KSTILL FAIR$635KA BIT OVER$640KWALK AWAY
THE AGENT IS QUOTING $590K - $610K
The seller likely wants$590K - $610K
reads as their asking price · likely
What you can likely get it for$595K - $640K
a good price is $610K
What it is worth$653K
evidence $615K - $694K
The guide sits below every band on this ladder. That is normal for an auction campaign and it is not a bargain signal.
History & timing
ON MARKET
1 days on market when this was written
2024-05-28
Last sold $465,000.
What it is measured against
29 Leavenworth Drive, Mount Austin NSW 2650BEST
Similar
$590K
2026-06-02 路 3/1/2 111m2 on 645m2 路 adjusts to $620K
Same 3 bed 1 bath only 220m away, sold twelve weeks ago and just 6m2 bigger, but on a much smaller 645m2 block and with two car spaces against the single carport here. Rated similar on beds, baths, internal size, land - nothing here has judged condition or aspect.
27 Nilma Avenue, Mount Austin NSW 2650
Similar
$616K
2026-02-19 路 3/1/2 147m2 on 778m2 路 adjusts to $615K
The nearest sale at 150m, but a 147m2 home on 778m2, so 42m2 more living space than this one. Rated similar on beds, baths, internal size, land - nothing here has judged condition or aspect.
99 Leavenworth Drive, Mount Austin NSW 2650
Similar
$665K
2026-03-30 路 3/1/4 101m2 on 780m2 路 adjusts to $694K
A smaller house at 101m2 that sold for $75,000 more than 29 Leavenworth Drive. It has four car spaces, but it also sold $65,000 above a bigger 4 bedroom home on its own street, so it is an odd sale rather than a clean guide. Rated similar on beds, baths, internal size, land - nothing here has judged condition or aspect.
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