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Bonbeach

Suburb Profile

Bonbeach - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3196

house
unit

Property investors enjoyed capital gains of 7.78% over the last 12 months in BONBEACH, translating to lower returns compared with its peers in VIC.

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

The suburb posted a 8.83% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $467.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $467.5 mark, reflecting a 2.7% increase in returns based on the current median price in BONBEACH.

BONBEACH, 3196 ranks 248th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 435th on the list of best yielding suburbs for rental properties in VIC, posting a 2.7% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $900,000 $590,000
GROWTH REPORT
Median Quarterly 2.27% 3.06%
Median 12 month 7.78% 19.19%
Median 3 years 8.83% 7.08%
Median 5 years 34.33% 31.11%
10 years average annual 5.58% 5.68%
Weekly media advert. rent $467.5 $390
Time on Market 51.7 days 49.7 days
Gross Rental Yield Percent 2.7% 3.44%
demographics (median values)
Total Population
4998
Weekly Household Income
870.4
Household Size
2.10
demographics
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