Big bank balance sheets increasingly skewed to mortgages
The balance sheets of the big four banks are increasingly exposed to residential mortgages, as other forms of revenue generation become less...
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 $2,057,500.
The upward trend in home prices in BONDI JUNCTION, 2022 averaged 7.55% per annum over a 3-year period.
Average weekly rents on listings have reached the $1125 mark, reflecting a 2.84% increase in returns based on the current median price in BONDI JUNCTION.
An average of 8.75 real estate transactions take place per month in BONDI JUNCTION which translates to 105 per annum.
105 properties were sold in BONDI JUNCTION in 2016, making it the 1495th most active market in NSW based on total real estate transactions.
BONDI JUNCTION, 2022 places 344th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $2,057,500 | $1,185,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.6% | 21.54% |
| Median 12 month | -4.98% | 11.79% |
| Median 3 years | 22.65% | 27.9% |
| Median 5 years | 62.01% | 70.5% |
| 10 years average annual | 8.21% | 9.76% |
| Weekly media advert. rent | $1125 | $725 |
| Time on Market | 43.2 days | 57.3 days |
| Gross Rental Yield Percent | 2.84% | 3.18% |
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