Bondi Junction

POSTAL CODE: NSW, 2022
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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 $2,800,000.

The upward trend in home prices in BONDI JUNCTION, 2022 averaged 6.98% per annum over a 3-year period.

Average weekly rents on listings have reached the $1450 mark, reflecting a 2.69% increase in returns based on the current median price in BONDI JUNCTION.

An average of 5.5 real estate transactions take place per month in BONDI JUNCTION which translates to 66 per annum.

66 properties were sold in BONDI JUNCTION in 2016, making it the 219th most active market in NSW based on total real estate transactions.

BONDI JUNCTION, 2022 places 1208th in Australia based on median property value growth during the quarter.

Surburb overview

Bondi Junction, NSW 2022, is a bustling suburb in Sydney’s eastern suburbs, just 6 kilometres east of the Sydney central business district. It is part of the Waverley local government area and is known for its vibrant commercial and residential mix. Bondi Junction serves as a major shopping and transportation hub, with the Westfield Bondi Junction shopping centre being one of the largest in Sydney. The area offers a variety of retail stores, dining options, and entertainment facilities.

The suburb has a population of around 10,361 people, with 42% of residents born in Australia and significant communities from England, Brazil, Ireland, China, and South Africa. The area has a diverse linguistic profile, with 64.2% of residents speaking only English at home.

Bondi Junction is well-connected by public transportation. It features an underground railway station that serves as the eastern terminus of the Eastern Suburbs railway line. The suburb also has an extensive bus interchange, providing easy access to the CBD and other parts of Sydney.

Housing in Bondi Junction is predominantly high-density, with many residential apartments and units close to the business district. The median house price is approximately $2,920,000, while units have a median price of $1,195,000. Rental prices are also high, with houses renting for $1,400 per week and units for $870 per week.

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