Suburb Profile Report for Bonbeach VIC (3196)

Bonbeach House: Median price $739,500, Annual capital growth 6.48%, Number of sales 90, Weekly median advertised rent $440

Bonbeach Unit: Median price $503,500, Annual capital growth 8.05%, Number of sales 78, Weekly median advertised rent $355

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

Source: CoreLogic

  • House Report
  • Unit Report

Bonbeach is an average performer in VIC when comparing median price capital growth over the last year. Bonbeach gave property investors a good capital gain figure when compared to the rest of the state, with 10.13%.

The five-year average increase in median property values for Bonbeach,3196 has given property investors a potential capital gain of 34.82% across each of those five years.

Bonbeach, 3196 is offering VIC ‘s 345th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Bonbeach is 402th on a list of best yielding suburbs for rents in VIC with a 3.09% return

Bonbeach has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 18.47% to date .

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

At number 276th of VIC’s most discounted properties, Bonbeach is in the TOP 20% of the state/territory when listing in order of most discounted to least.

At number 418 in a list of fastest selling suburbs, Bonbeach is in the TOP 30% of suburbs in Australia with an average of days on market 59.05 for properties listed there.

Situated 29.85km from the CBD, Bonbeach is one of Kingston localities in the postcode 3196.

HOUSE UNIT
$739,500 $503,500
1.16% 10.90%
10.13% 18.47%
6.48% 8.05%
$440 $355
90 78
3.09% 3.67%
47.52 59.05

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5733
Median household income ($/weekly) 1142
Median age of persons 40
Median housing loan repayment ($/monthly) 1816
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 482 8.4
    25-34 years 905 15.8
    35-44 years 936 16.3
    45-54 years 762 13.3
    55-64 years 703 12.3
    Others 1945 33.9
    Age Group
    Census Count Percent(%)
    Not Married 1894 44.4
    Registered Married 1862 43.6
    Defacto Relationship 513 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4060 76.3
    Croatia 73 1.4
    Papua New Guinea 110 2.1
    United Kingdom 404 7.6
    Other 205 3.9
    Others 469 8.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 60 1.2
    Christianity 3293 65.6
    Islam 26 0.5
    Other Religious Groups 34 0.7
    No Religion 1576 31.4
    Others 34 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 240 10.9
    $800-$999 207 9.4
    $1,000-$1,249 218 9.9
    $1,500-$1,999 285 12.9
    $2,000-$2,499 209 9.5
    Others 1047 47.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1925 42.8
    Not in the labour force 1480 32.9
    Employed, worked part-time 784 17.4
    Employed, away from work 169 3.8
    Unemployed, looking for work 142 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 350 12.2
    Professionals 610 21.2
    Technicians & trades workers 470 16.3
    Community & personal service workers 276 9.6
    Clerical & administrative workers 502 17.4
    Others 670 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 98 9.8
    Infants/Primary 334 33.4
    Secondary 234 23.4
    Technical or Further Educational Institution 130 13.0
    University or other Tertiary Institutions 165 16.5
    Others 39 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2840 54.9
    Semi-detached, row or terrace house, townhouse 1699 32.8
    Flat, unit or apartment 492 9.5
    Caravan, cabin, houseboat 140 2.7
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 885 37.6
    Fully owned 737 31.3
    Rented 724 30.8
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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