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9 MIN READProperty Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
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Bondi JunctionBondi Junction - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $2,700,000.
The upward trend in home prices in BONDI JUNCTION, 2022 averaged 10.57% per annum over a 3-year period.
Average weekly rents on listings have reached the $1050 mark, reflecting a 2.02% increase in returns based on the current median price in BONDI JUNCTION.
An average of 7.92 real estate transactions take place per month in BONDI JUNCTION which translates to 95 per annum.
95 properties were sold in BONDI JUNCTION in 2016, making it the 27th most active market in NSW based on total real estate transactions.
BONDI JUNCTION, 2022 places 1072nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,700,000 | $1,250,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.15% | -1.57% |
| Median 12 month | 29.81% | 11.61% |
| Median 3 years | 31.71% | 8.23% |
| Median 5 years | 47.95% | 22.61% |
| 10 years average annual | 9.4% | 7.07% |
| Weekly media advert. rent | $1050 | $650 |
| Time on Market | 45.7 days | 51.3 days |
| Gross Rental Yield Percent | 2.02% | 2.7% |
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