Powered by MOMENTUM MEDIA
AREA REPORTS

Bonython

Suburb Profile

Bonython - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2905

house
unit

Based on its average 5-year and quarterly capital gains BONYTHON, 2905 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that BONYTHON, 2905 obtained a 3.34% growth over a ten-year period. It ranks 2299th on our list of suburbs that property investors should look into.

BONYTHON, 2905 in ACT belongs to the local government area of Unincorporated ACT.

BONYTHON, 2905 has a capital gain of 11.36% for the past year, which is higher than average compared to its 47.29% growth within a five-year period.

Figures from the previous quarter show that capital gains for real estate buyers in BONYTHON are high, as opposed to average gains per annum over the past five years.

A 11.36% increase in median property prices in BONYTHON, 2905 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 15th.

Surburb overview

Bonython is a suburb of Tuggeranong in Canberra, ACT. It is bounded by the arterial roads of Drakeford Drive and Woodcock Drive. Gazetted in 1986, the suburb was named in honour of John Langdon Bonython, a newspaper publisher who ran the Adelaide broadsheet The Advertiser during the early 20th century. Street names in Bonython were in honour of esteemed journalists and personalities from South Australia.

Streetscapes and amenities

Despite its seeming remoteness from flashy precincts and busy lifestyle centres, Bonython continues to attract the right residents who have an affinity for the outdoors, as well as those who love to break a sweat and walk to work.

With a wealth of pedestrian footpaths, parklands and commercial spaces in close proximity, it’s a breeze to get around in Bonython without having to hop on your bike or car. Housing estates are just a few minutes walk away from the Hyperdome Shopping Centre, and so are neighbourhood centres and shop rows.

Real estate prices

Property tours in the suburb are on the lower end of the scale, with visits per property 97 points lower than the average in entire Canberra. The average home price in Bonython has risen by over an estimated 12 per cent in the past five years, settling at $610,000, while units are at $460,000. Income from rental properties, meanwhile, reflected a 4 per cent growth.

Like most Tuggeranong suburbs, Bonython is considered by lenders as a low-risk postcode. This makes it relatively easy for buyers eyeing a home in the suburb to take out a mortgage.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $735,000 $517,500
GROWTH REPORT
Median Quarterly 9.7% 1.87%
Median 12 month 11.36% 2.68%
Median 3 years 25.32% 13.42%
Median 5 years 47.29% 25.45%
10 years average annual 3.34% 2.19%
Weekly media advert. rent N/A $475
Time on Market 51.1 days 47.8 days
Gross Rental Yield Percent N/A 4.77%
demographics (median values)
Total Population
3360
Weekly Household Income
1543
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

5 key changes sought to drive WA property market

5 key changes sought to drive WA property market

Politicians are being urged to make real estate a key focus of elections, in a bid to create a fairer and more prosperous market. ...

office

Has COVID-19 truly killed the office?

Sophisticated investors have traditionally held a mixture of residential and commercial properties in their portfolios, but today’s COVID-...

Tax deductions you can claim on your investment property

Tax deductions you can claim on your investment property

Investment properties (or properties used for income-producing purposes) have unique tax deductions that you can use to lower the tax that y...

Apartment rents tumble off the cliff in Sydney and Melbourne

Apartment rents tumble off the cliff in Sydney and Melbourne

Apartment rents have fallen off a cliff in Sydney and Melbourne, on the back of collapsing demand among internationals students and migrants...

Shopping mall values shrink

Shopping mall values shrink considerably as COVID-19 bites

The value of directly held assets by shopping mall owner Vicinity Centres contracted by $570 million on the back of the pandemic’s hammer ...

Property sector jobs in demand as property boom arrives

Property sector jobs in demand as property boom arrives

Despite a COVID-induced economic downturn, real estate remained resilient, ultimately emerging as one of the most in-demand jobs markets in ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.