Suburb Profile Report for Bonbeach VIC (3196)

Bonbeach House: Median price $850,000, Annual capital growth 7.16%, Number of sales 69, Weekly median advertised rent $495

Bonbeach Unit: Median price $559,000, Annual capital growth 7.64%, Number of sales 83, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Bonbeach has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.33% to date .

Bonbeach,3196 was ranked 1483 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bonbeach, 3196. Typically our figures indicate that -2.86% is being offered, which puts this VIC suburb at 3524th most discounted overall in Australia.

Renters in Suburb are facing rents around $5940 per annum or $495 every week.

Bonbeach is an average performer in VIC when comparing median price capital growth over the last year. Bonbeach gave property investors a average capital gain figure when compared to the rest of the state, with 8.02%.

Bonbeach,3196 was ranked 540 in Australia by increase in median property value over the quarter.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.73% offered to property buyers. Sellers in Bonbeach itself are offering an average vendor discount of -4.32% to real estate investors.

Often selling an investment property can take time, and in Bonbeach the average time real estate has been on the market is 37.84 days.

Renters in Suburb are facing rents around $4200 per annum or $350 every week.

Metrics i HOUSE UNIT
$850,000 $559,000
2.47% 2.47%
13.33% 8.02%
7.16% 7.64%
$495 $350
69 83
3.03% 3.26%
35.6 37.84

Source: CoreLogic

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