Bundarra is a small town on the Northern Tablelands of New South Wales, Australia. The town is located on Thunderbolts Way and on the bankā¦Bundarra is a small town on the Northern Tablelands of New South Wales, Australia. The town is located on Thunderbolts Way and on the banks of the Gwydir River, in the Uralla Shire local government area, 563 kilometres from the state capital, Sydney. At the 2016 census, Bundarra had a population of 394 and the surrounding area had 676 persons.