Suburb Profile Report for Bonnyrigg NSW (2177)

Bonnyrigg House: Median price $710,000, Annual capital growth 6.80%, Number of sales 63, Weekly median advertised rent $490

Bonnyrigg Unit: Median price $507,500, Annual capital growth 5.81%, Number of sales 21, Weekly median advertised rent $435

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

If you compare the increase in value of investment property in Bonnyrigg, 2177 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.43%.

Comparing Bonnyrigg,2177 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Bonnyrigg are currently offering property investors an average price cut of -4.97% below the asking price at the moment.

In the last year 63 properties changed hands in Bonnyrigg, which puts it as the 463th most active market in NSW when comparing the number of sales per suburb.

Bonnyrigg is 626th on a list of best yielding suburbs for rents in NSW with a 3.59% return

Bonnyrigg,2177 was ranked 703 in Australia by increase in median property value over the quarter.

Bonnyrigg, 2177’s gross rental yield is 4.46%

YIP MAG Information supplied by:

YIP MAG
May 2016

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In Sydney’s southwest, Bonnyrigg has seen a significant increase in vendors over the last year.

The latest figures from Real Estate Investar show that over the past 12 months the level of stock on market in Bonnyrigg, which is just under 30km from the Sydney CBD, has more than doubled.

That increase may be the result of impressive price movement seen in the suburb in recent years.

According to CoreLogic RP Data, the median house price in Bonnyrigg sits at $670,000, following growth of 21% in the past year and 50% over the past three.

The jump in prices hasn’t guaranteed vendors a quick sale, however; houses spend an average of 52 days on the market, which is longer than in many neighbouring suburbs.

Vendors in Bonnyrigg are currently offering a 3% discount.

Houses are generating rental yields of 4%.
Metrics i HOUSE UNIT
$710,000 $507,500
2.53% 1.00%
1.43% N/A
6.80% 5.81%
$490 $435
63 21
3.59% 4.46%
97.5172413793103 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (U), Good (H)
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Demographics
Total population 7978
Median household income ($/weekly) 1051
Median age of persons 34
Median housing loan repayment ($/monthly) 1857
Average household size 3.4
  • Census Count Percent(%)
    5-14 years 1112 13.9
    25-34 years 1093 13.7
    35-44 years 992 12.4
    45-54 years 1242 15.6
    55-64 years 941 11.8
    Others 2599 32.6
    Age Group
    Census Count Percent(%)
    Not Married 3021 51.1
    Registered Married 2688 45.4
    Defacto Relationship 206 3.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3348 44.5
    Canada 424 5.6
    Ireland 285 3.8
    Viet Nam 1524 20.3
    Other 839 11.2
    Others 1102 14.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 2689 36.2
    Christianity 3693 49.8
    Hinduism 65 0.9
    Islam 329 4.4
    No Religion 591 8.0
    Others 56 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 213 10.8
    $600-$799 226 11.4
    $800-$999 183 9.2
    $1,000-$1,249 210 10.6
    $1,500-$1,999 256 12.9
    Others 892 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2831 47.4
    Employed, worked full-time 1798 30.1
    Employed, worked part-time 763 12.8
    Unemployed, looking for work 347 5.8
    Employed, away from work 231 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 341 12.2
    Technicians & trades workers 444 15.9
    Clerical & administrative workers 385 13.8
    Machinery operators & drivers 364 13.0
    Labourers 446 16.0
    Others 815 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 124 6.2
    Infants/Primary 630 31.5
    Secondary 631 31.6
    Technical or Further Educational Institution 233 11.7
    University or other Tertiary Institutions 318 15.9
    Others 63 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6997 91.4
    Semi-detached, row or terrace house, townhouse 578 7.6
    Flat, unit or apartment 48 0.6
    House or flat attached to a shop, office 29 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 883 40.6
    Being purchased 726 33.3
    Fully owned 547 25.1
    Other tenure type 21 1.0
    Tenure Type
Census 2011, ABS
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