NSW/
Bronte

Suburb Profile

Bronte - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2024

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A 23.72% increase in median property prices in BRONTE, 2024 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 77th.

A steady increase in median property prices over a five-year period in the suburb translates to a 64.74% capital gain.

It 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 $3,912,500

The augmented property values in the suburb are trailing above the territorial average of 6.63% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1300.

Home owners selling their properties and realtors in BRONTE usually have to wait an average of 57.2 days days before their assets are lifted off the market.

The NSW suburb ranks 1166th on the list of best yielding suburbs for rental properties in NSW, posting a 1.73% return.

It also places places 229th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $3,912,500 $1,380,000
GROWTH REPORT
Median Quarterly 4.19% 1.66%
Median 12 month 23.72% 17.95%
Median 3 years 64.74% 50.82%
Median 5 years 84.03% 89.04%
10 years average annual 5.48% 9.3%
Weekly media advert. rent $1300 $700
Time on Market 57.2 days 0.0 days
Gross Rental Yield Percent 1.73% 2.64%
demographics (median values)
Total Population
6119
Weekly Household Income
1700
Household Size
2.40
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Bronte, NSW
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