Bondi Beach is in the TOP 10% in NSW when comparing median price capital growth over the last year. Bondi Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 26.25%.
If we look at median property appreciation over just the last three months, Bondi Beach has given property investors a paper return of 1.00%. This puts Suburb as 892 on a list of fastest fasting appreciating suburbs in NSW
On average over the past year, suburb has had 3.58 sales per month, which equates to 43 per year.
A $1200 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 9.72%.
Property value increases in Bondi Beach have tracked just higher than the NSW average of 5.88% over the last 12 months.
Over the longer term, Bondi Beach has seen property prices show investors a 36.05% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Bondi Beach is $1000000, with sellers offering an average of -5.05% off the asking price.
Using the current median advertised rental of $720 and the average annual increase in value of a median property of 7.87%, investors should hope to achieve an overall return of 3.74%