Suburb Profile Report for Bronte NSW (2024)

Bronte House: Median price $3,020,000, Annual capital growth 9.11%, Number of sales 74, Weekly median advertised rent $1,100

Bronte Unit: Median price $980,000, Annual capital growth 7.98%, Number of sales 65, Weekly median advertised rent $688

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 8.83% for the last 12 months, Bronte, 2024 has performed for property investments than its average annual 9.11% property growth over the last 5 years.

Across a shorter period, Bronte, 2024 has seen a median price increase of 0.67% over the last quarter.

Vendor discounting in Bronte is giving property investors an average Vendor Discount of around -8.96%. This puts suburb at number 84th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $1100 weekly from the median priced house in this suburb.

Giving property investors a an unimpressive capital gain of 0.00% for the last year, Bronte, 2024 is the 1112th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Bronte,2024 has racked up an average of 0.00% over the period. This ranks it number 258th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Bronte is giving property investors an average Vendor Discount of around 0.00%. This puts suburb at number 467th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Bronte the average time real estate has been on the market is 30.75 days.

Advertised rents are around the $687.5 mark per week – giving a return of 3.65% based on the median price in Suburb

HOUSE UNIT
$3,020,000 $980,000
0.67% -3.73%
8.83% 0.00%
9.11% 7.98%
$1,100 $688
74 65
1.89% 3.65%
52.09 30.75

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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