At number 457th in the list of Australian suburbs ordered by increase in median house value over the last year, Bondi Junction, 2022 is in the top 20% with a property value increase of 17.65% recorded in median house prices.
Bondi Junction,2022 has offered an average of 17.65% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Bondi Junction is giving property investors an average Vendor Discount of around -0.95%. This puts suburb at number 1214th in NSW when ranking the most discounted suburbs.
At number 30 in a list of fastest selling suburbs, Bondi Junction is in the TOP 10% of suburbs in Australia with an average of days on market 24.92 for properties listed there.
A $950 per week rent on the median house gives suburb investors a gross yield of circa 2.47%, without taking into account capital value appreciation, which has been averaging out at 9.78%.
Property value increases in Bondi Junction have tracked higher than the NSW average of 6.22% over the last 12 months.
If we look at median property appreciation over just the last three months, Bondi Junction has given property investors a paper return of 5.11%. This puts Suburb as 124 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Bondi Junction should be aiming for at least -4.93% off the asking price, which is the average vendor discount being achieved at the moment.
Bondi Junction, 2022’s gross rental yield is 3.64%