Suburb Profile Report for Bronte NSW (2024)

Bronte House: Median price $3,102,500, Annual capital growth 8.59%, Number of sales 77, Weekly median advertised rent $1,013

Bronte Unit: Median price $1,100,000, Annual capital growth 8.65%, Number of sales 76, Weekly median advertised rent $680

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

Source: CoreLogic

  • House Report
  • Unit Report

Bronte has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 8.48% to date .

The five-year average increase in median property values for Bronte,2024 has given property investors a potential capital gain of 67.70% across each of those five years.

Bronte2024 is located in NSW which offers an average discount of -5.50% to property investors. Bronte itself is showing figures that indicate -8.96% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.

Over the last year, property investments in Bronte, 2024 have given investors a capital gain of 9.45%. This compares favourably with the 5.59% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bronte has increased when compared to the 5 year average annual rate.

Bronte, 2024 is offering NSW ‘s 469th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.

In the last year 76 properties changed hands in Bronte, which puts it as the 198th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Bronte being $1100000 and the advertised rent reaching $680 the gross rental yield for property investors calculates out to be 3.21%

HOUSE UNIT
$3,102,500 $1,100,000
2.90% 12.53%
8.48% 9.45%
8.59% 8.65%
$1,013 $680
77 76
1.70% 3.21%
41.35 31.5

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 6826
Median household income ($/weekly) 2318
Median age of persons 37
Median housing loan repayment ($/monthly) 3467
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 776 11.4
    25-34 years 1232 18.0
    35-44 years 1243 18.2
    45-54 years 1025 15.0
    55-64 years 698 10.2
    Others 1854 27.2
    Age Group
    Census Count Percent(%)
    Registered Married 2118 44.6
    Not Married 1853 39.1
    Defacto Relationship 773 16.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4236 68.9
    Italy 98 1.6
    Papua New Guinea 159 2.6
    United Kingdom 597 9.7
    Other 459 7.5
    Others 599 9.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 102 1.7
    Christianity 3394 57.9
    Judaism 270 4.6
    Other Religious Groups 23 0.4
    No Religion 2048 34.9
    Others 25 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 255 11.8
    $2,000-$2,499 176 8.2
    $2,500-$2,999 377 17.5
    $3,000-$3,499 193 9.0
    $4,000 or more 326 15.1
    Others 825 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2405 48.5
    Not in the labour force 1266 25.5
    Employed, worked part-time 993 20.0
    Employed, away from work 189 3.8
    Unemployed, looking for work 109 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 679 19.0
    Professionals 1479 41.3
    Community & personal service workers 272 7.6
    Clerical & administrative workers 426 11.9
    Sales 260 7.3
    Others 466 13.0
    Occupation
    Census Count Percent(%)
    Pre-school 144 9.4
    Infants/Primary 528 34.5
    Secondary 348 22.7
    Technical or Further Educational Institution 76 5.0
    University or other Tertiary Institutions 370 24.2
    Others 65 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2795 46.8
    Flat, unit or apartment 2015 33.7
    Semi-detached, row or terrace house, townhouse 1087 18.2
    House or flat attached to a shop, office 76 1.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 936 38.9
    Fully owned 793 32.9
    Being purchased 673 27.9
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals