Suburb Profile Report for Bonnells Bay NSW (2264)

Bonnells Bay House: Median price $590,000, Annual capital growth 6.81%, Number of sales 73, Weekly median advertised rent $400

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

Property value increases in Bonnells Bay have tracked just higher than the NSW average of -4.21% over the last 12 months.

Bonnells Bay,2264 has offered an average of 2.56% return per annum in house price rises to property investors over the last three years.

The most recent median price for Bonnells Bay is $590000, with sellers offering an average of -6.87% off the asking price.

At number 1686 in a list of fastest selling suburbs, Bonnells Bay is just in the top half of suburbs in Australia with an average of days on market 75.0517 for properties listed there.

Situated 89.41km from the CBD, Bonnells Bay is one of Lake Macquarie (C) localities in the postcode 2264.

YIP MAG Information supplied by:

YIP MAG
July 2015

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Located along Australia’s biggest saltwater lake, Lake Macquarie, Bonnells Bay is a quiet, family-friendly suburb.

The suburb also enjoys a number of large parks and picturesque view of Lake Macquarie.

Families make up for the largest residents in the suburb thanks to its affordable housing and good schools within the suburb.

With median house price still under the $400k mark, the suburb offers a good entry point for many homebuyers.

It’s conveniently located just 5 minutes’ drive from the train station in Morisset and around 20 minutes to Tuggerah where bigger shopping amenities are available.

The nearest beach is only 45 minutes away to Catherine Hill Bay or to Norah Head.

Best streets to look for affordable housing are along Princes Street, Station Street and Macquarie Street.
 
Metrics i HOUSE UNIT
$590,000 N/A
0.00% N/A
2.56% N/A
6.81% N/A
$400 N/A
73 N/A
3.53% N/A
75.051724137931 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 3119
Median household income ($/weekly) 982
Median age of persons 44
Median housing loan repayment ($/monthly) 1500
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 403 12.9
    35-44 years 371 11.9
    45-54 years 405 13.0
    55-64 years 428 13.7
    65-74 years 419 13.4
    Others 1094 35.1
    Age Group
    Census Count Percent(%)
    Registered Married 1285 54.7
    Not Married 870 37.0
    Defacto Relationship 195 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2577 86.1
    Papua New Guinea 71 2.4
    South Africa 23 0.8
    United Kingdom 152 5.1
    Other 69 2.3
    Others 102 3.4
    Country of Birth
    Census Count Percent(%)
    Christianity 2271 79.1
    No Religion 563 19.6
    Buddhism 24 0.8
    Other Religious Groups 9 0.3
    Islam 5 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 147 14.0
    $600-$799 135 12.8
    $800-$999 121 11.5
    $1,000-$1,249 94 8.9
    $1,500-$1,999 130 12.4
    Others 425 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1102 45.1
    Employed, worked full-time 757 31.0
    Employed, worked part-time 433 17.7
    Employed, away from work 85 3.5
    Unemployed, looking for work 68 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 236 18.5
    Technicians & trades workers 185 14.5
    Community & personal service workers 134 10.5
    Clerical & administrative workers 194 15.2
    Labourers 155 12.1
    Others 374 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 52 7.7
    Infants/Primary 268 39.9
    Secondary 179 26.6
    Technical or Further Educational Institution 63 9.4
    University or other Tertiary Institutions 96 14.3
    Others 14 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2904 98.4
    Semi-detached, row or terrace house, townhouse 36 1.2
    Flat, unit or apartment 7 0.2
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 495 42.1
    Being purchased 413 35.1
    Rented 264 22.4
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
Chart Table