Suburb Profile Report for Bonython ACT (2905)

Bonython House: Median price $612,000, Annual capital growth 4.61%, Number of sales 22, Weekly median advertised rent $485

Bonython Unit: Median price $461,750, Annual capital growth 3.60%, Number of sales 40, Weekly median advertised rent $445

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Bonython, 2905 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was 3.73%.

The five-year average increase in median property values for Bonython,2905 has given property investors a potential capital gain of 13.33% across each of those five years.

State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.40% offered to property buyers. Sellers in Bonython itself are offering an average vendor discount of -4.81% to real estate investors.

In the last year 22 properties changed hands in Bonython, which puts it as the 77th most active market in ACT when comparing the number of sales per suburb.

A $485 per week rent on the median house gives suburb investors a gross yield of circa 4.12%, without taking into account capital value appreciation, which has been averaging out at 4.61%.

With a capital gain of 2.04% for the last 12 months, Bonython, 2905 has performed for property investments than its average annual 3.60% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Bonython comes in at number 22th in ACT.

LACK OF BUYER INTEREST may well be the reason that Bonython is offering property investors an average of -3.61. This rate of discount on properties puts Suburb at number 14th in terms of most discounted suburbs in ACT

Advertised rents are around the $445 mark per week – giving a return of 5.01% based on the median price in Suburb

Metrics i HOUSE UNIT
$612,000 $461,750
0.33% 1.21%
3.73% 2.04%
4.61% 3.60%
$485 $445
22 40
4.12% 5.01%
53.84 78.31

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 3838
Median household income ($/weekly) 1950
Median age of persons 33
Median housing loan repayment ($/monthly) 2104
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 512 13.3
    25-34 years 582 15.2
    35-44 years 602 15.7
    45-54 years 632 16.5
    55-64 years 366 9.5
    Others 1144 29.8
    Age Group
    Census Count Percent(%)
    Registered Married 1319 45.7
    Not Married 1286 44.6
    Defacto Relationship 279 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2800 75.1
    Indonesia 71 1.9
    United Kingdom 166 4.5
    Viet Nam 62 1.7
    Other 237 6.4
    Others 390 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 145 4.0
    Christianity 2247 62.7
    Hinduism 78 2.2
    Islam 141 3.9
    No Religion 936 26.1
    Others 34 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 187 14.8
    $2,000-$2,499 150 11.9
    $2,500-$2,999 179 14.2
    $3,000-$3,499 122 9.7
    $4,000 or more 108 8.6
    Others 514 40.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1605 53.6
    Not in the labour force 618 20.6
    Employed, worked part-time 539 18.0
    Employed, away from work 158 5.3
    Unemployed, looking for work 73 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 341 14.8
    Professionals 539 23.4
    Technicians & trades workers 256 11.1
    Community & personal service workers 213 9.3
    Clerical & administrative workers 511 22.2
    Others 441 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 59 6.0
    Infants/Primary 331 33.5
    Secondary 306 31.0
    Technical or Further Educational Institution 96 9.7
    University or other Tertiary Institutions 170 17.2
    Others 26 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2421 65.2
    Semi-detached, row or terrace house, townhouse 1112 30.0
    Flat, unit or apartment 179 4.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 559 41.0
    Rented 474 34.8
    Fully owned 324 23.8
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
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