Suburb Profile Report for Bonython ACT (2905)

Bonython House: Median price $655,750, Annual capital growth 4.14%, Number of sales 25, Weekly median advertised rent $490

Bonython Unit: Median price $470,000, Annual capital growth 2.88%, Number of sales 48, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Bonython is an average performer in ACT when comparing median price capital growth over the last year. Bonython gave property investors a good capital gain figure when compared to the rest of the state, with 7.50%.

A 21.44% growth in median value for property investors in Bonython,2905 puts this suburb at number 17th in terms of best performing suburbs in ACT

Renters in Suburb are facing rents around $5880 per annum or $490 every week.

Giving property investors a an unimpressive capital gain of 0.97% for the last year, Bonython, 2905 is the 1053th highest performer in Australia in this respect.

The five-year average increase in median property values for Bonython,2905 has given property investors a potential capital gain of 11.18% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Bonython is offering property investors an average of -3.53. This rate of discount on properties puts Suburb at number 19th in terms of most discounted suburbs in ACT

At number 932 in a list of fastest selling suburbs, Bonython is in the bottom 40% of suburbs in Australia with an average of days on market 82.14 for properties listed there.

Information supplied by:


February 2018

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Bordering Mount Stranger, the suburb of Bonython in Tuggeranong has been enjoying gentle but steady growth over the past five years. Following a 2.4% increase in prices in the year leading up to November 2017, the median unit value has gone up to $466,000Full summary

Dorm suburb pulls in working professionals

Postcode: 2905

Median unit price: $466,000

Three-year growth: 12.6%

Rental yield: 4.8%

Bordering Mount Stranger, the suburb of Bonython in Tuggeranong has been enjoying gentle but steady growth over the past five years. Following a 2.4% increase in prices in the year leading up to November 2017, the median unit value has gone up to $466,000.

Returns for investors are fairly high at an average of 4.8%, and given Bonython’s potential for long-term growth, this could definitely draw attention from those looking to capitalise on the ACT’s rise.

Bonython Primary School is located in the heart of the suburb, and there is a childcare centre nearby. Bonython is also very close to the Tuggeranong Town Centre, which brings in many of the working population in this town. The town centre also serves as Bonython’s main commercial and retail hub. 

Close
Metrics i HOUSE UNIT
$655,750 $470,000
3.02% 2.73%
7.50% 0.97%
4.14% 2.88%
$490 $450
25 48
3.89% 4.98%
N/A 82.14

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Bonython ACT
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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