Property investors who have had real estate in Bondi Junction, 2022 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.76%
Across a shorter period, Bondi Junction, 2022 has seen a median price increase of 0.57% over the last quarter.
Vendor discounting in Bondi Junction is giving property investors an average Vendor Discount of around -6.95%. This puts suburb at number 243th in NSW when ranking the most discounted suburbs.
Situated 4.74km from the CBD, Bondi Junction is one of Waverley localities in the postcode 2022.
Bondi Junction has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.86% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bondi Junction has increased when compared to the 5 year average annual rate.
The most recent median price for Bondi Junction is $949000, with sellers offering an average of -4.36% off the asking price.
With the median price for a house in Bondi Junction being $949000 and the advertised rent reaching $700 the gross rental yield for property investors calculates out to be 3.84%