Suburb Profile Report for Bonython ACT (2905)

Bonython House: Median price $610,000, Annual capital growth 4.39%, Number of sales 32, Weekly median advertised rent $490

Bonython Unit: Median price $460,000, Annual capital growth 4.19%, Number of sales 36, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Bonython, 2905 have given investors a capital gain of 11.26%. This compares very favourably with the 6.96% for ACT as a whole.

Property buyers and investors in Bonython 2905 should be seeing an average reduction in asking price of around -3.56% . This means that Bonython is holding prices well when compared to other suburbs in ACT.

At number 2047 in a list of fastest selling suburbs, Bonython is just in the bottom half of suburbs in Australia with an average of days on market 82.88 for properties listed there.

Using the current median advertised rental of $490 and the average annual increase in value of a median property of 4.39%, investors should hope to achieve an overall return of 4.18%

Investment property in Bonython has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.10%

A -3.16% growth in median value for property investors in Bonython,2905 puts this suburb at number 43th in terms of best performing suburbs in ACT

LACK OF BUYER INTEREST may well be the reason that Bonython is offering property investors an average of -4.25. This rate of discount on properties puts Suburb at number 11th in terms of most discounted suburbs in ACT

At number 334 in a list of fastest selling suburbs, Bonython is in the TOP 30% of suburbs in Australia with an average of days on market 54.34 for properties listed there.

Property investors should expect to get $420 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$610,000 $460,000
N/A 0.27%
11.26% 1.10%
4.39% 4.19%
$490 $420
32 36
4.18% 4.75%
82.88 54.34

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3838
Median household income ($/weekly) 1950
Median age of persons 33
Median housing loan repayment ($/monthly) 2104
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 512 13.3
    25-34 years 582 15.2
    35-44 years 602 15.7
    45-54 years 632 16.5
    55-64 years 366 9.5
    Others 1144 29.8
    Age Group
    Census Count Percent(%)
    Registered Married 1319 45.7
    Not Married 1286 44.6
    Defacto Relationship 279 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2800 75.1
    Indonesia 71 1.9
    United Kingdom 166 4.5
    Viet Nam 62 1.7
    Other 237 6.4
    Others 390 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 145 4.0
    Christianity 2247 62.7
    Hinduism 78 2.2
    Islam 141 3.9
    No Religion 936 26.1
    Others 34 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 187 14.8
    $2,000-$2,499 150 11.9
    $2,500-$2,999 179 14.2
    $3,000-$3,499 122 9.7
    $4,000 or more 108 8.6
    Others 514 40.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1605 53.6
    Not in the labour force 618 20.6
    Employed, worked part-time 539 18.0
    Employed, away from work 158 5.3
    Unemployed, looking for work 73 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 341 14.8
    Professionals 539 23.4
    Technicians & trades workers 256 11.1
    Community & personal service workers 213 9.3
    Clerical & administrative workers 511 22.2
    Others 441 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 59 6.0
    Infants/Primary 331 33.5
    Secondary 306 31.0
    Technical or Further Educational Institution 96 9.7
    University or other Tertiary Institutions 170 17.2
    Others 26 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2421 65.2
    Semi-detached, row or terrace house, townhouse 1112 30.0
    Flat, unit or apartment 179 4.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 559 41.0
    Rented 474 34.8
    Fully owned 324 23.8
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
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