Investment property in Bondi Junction has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.69%
While Bondi Junction,2022 ranked number 312th in NSW for increase in median house value (annualised) increase, it is ranked 564th over the last 5 years.
Our latest figures would indicate that property sellers in Bondi Junction are currently offering property investors an average price cut of -5.44% below the asking price at the moment.
In the last year 60 properties changed hands in Bondi Junction, which puts it as the 548th most active market in NSW when comparing the number of sales per suburb.
The NSW suburb of Bondi Junction, 2022 is in the Waverley local government area.
With a capital gain of 8.78% for the last 12 months, Bondi Junction, 2022 has performed for property investments than its average annual 7.32% property growth over the last 5 years.
Over the longer term, Bondi Junction has seen property prices show investors a 41.88% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Bondi Junction is giving property investors an average Vendor Discount of around -5.20%. This puts suburb at number 137th in NSW when ranking the most discounted suburbs.
A $700 per week rent on the median house gives suburb investors a gross yield of circa 3.72%, without taking into account capital value appreciation, which has been averaging out at 7.32%.