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City of Hume
Bulla

Bulla Property Market
& Suburb Profile

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MEDIAN PRICES IN BULLA

Median house price

(all agencies, last 12 months)$980k*

House price change

(all agencies, last 12 months)-25.19%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

BULLA PRICE TRACKER

Houses

BULLA SALES OVERVIEW

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)94

Average held period in Bulla

(proptrack)7 years

BULLA INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$652pw

House rental price change

(all agencies, last 12 months)-0.04%

Median rental price for Units

(all agencies, last 12 months)$480pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)3.13%

Average rental yield for Units

(all agencies, last 12 months)4.07%

Bulla total population size

(as at the last census)668

Median household size in Bulla

(as at the last census)2.8

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

BULLA PROPERTY TYPES

  • Houses 67%
  • Other 33%

OCCUPANCY IN BULLA

  • Owned 89%
  • Rented 9%
  • Other/Not Stated 2%
  • Singles 17%
  • Families 83%
  • Other 2%

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ABOUT BULLA

Bulla is a quaint and historic township located approximately 30 kilometres northwest of the Melbourne CBD, tucked within the scenic valley carved by Deep Creek, a tributary of the Maribyrnong River. Known for its distinct semi-rural charm, the suburb offers a peaceful retreat characterised by rolling hills, ancient trees, and significant colonial heritage.

Despite its proximity to Melbourne Airport, Bulla retains a quiet, rustic atmosphere that makes it feel worlds away from the urban sprawl.

The lifestyle in Bulla is deeply connected to its history and natural surroundings. Residents and visitors are often drawn to the Bulla Historic Park, which preserves the area's rich past, and the iconic bluestone Bulla Bridge, built in 1869, which spans Deep Creek at the base of a steep and winding road. For family recreation, the Bulla Hill Railway - a miniature railway that runs through the hills - is a beloved local attraction. Nature lovers can explore the nearby Woodlands Historic Park or the geological wonder of the Organ Pipes National Park, which features unique basalt columns formed millions of years ago.

Infrastructure and community services are primarily accessed in the neighbouring hub of Sunbury, as Bulla itself remains a low-density "Green Wedge" enclave. The suburb was once home to the historic Bulla Primary School (established in 1854), though local students now typically attend schools in Sunbury or Tullamarine, such as Goonawarra Primary School or Salesian College. Connectivity is robust for a rural locality, with the Sunbury Road providing a direct link to the airport and the Tullamarine Freeway, while the nearby Sunbury and Diggers Rest railway stations offer Metro and V/Line services to the city.

From a property perspective, Bulla is an exclusive and tightly held market with an exceptionally high rate of owner-occupation, often exceeding 89%. The housing stock is a mix of heritage homesteads, mid-century family homes on large allotments, and expansive lifestyle acreages. Because of its protected status within the Green Wedge and its proximity to the airport's flight paths, residential development is strictly limited. This ensures the suburb maintains its private, spacious character, making it a "forever home" destination for those who value privacy and a connection to Victoria's pastoral history.

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BULLA MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20259$490,000-25.19%1$566pw3.60%
202412$655,00054.12%5$574pw3.95%
20232$425,000-23.77%3$544pw3.73%
20225$557,5002.76%4$475pw3.32%
20215$542,50050.69%3$430pw3.04%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20259$490,000-25.19%
202412$655,000+54.12%
20232$425,000-23.77%
20225$557,500+2.76%
20215$542,500+50.69%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20251$566pw3.60%
20245$574pw3.95%
20233$544pw3.73%
20224$475pw3.32%
20213$430pw3.04%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.