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Bonnells Bay, NSW 2264

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Bonnells Bay, NSW 2264 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

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Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Bonnells Bay, NSW 2264”

  1. The total adult population (15 years or older) of Bonnells Bay 2264 NSW is 3,310, with a median age of 42. Of those, 47.85% are married, 13.56% are divorced or separated, 32.84% are single and 5.86% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $6,916. The median monthly mortgage repayment for households in this suburb is $1,820 which is 26.32% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in NSW, the suburb of Bonnells Bay 2264 is home to approximately 1919 households. As we move towards the end of Q3 2023, the typical price for houses in this suburb is $833,882, with median weekly rent sitting at $533. This results in an indicative yield of 3.32%, which satisfies the minimum market requirement of a yield above 3% for property investors focusing on cashflow.

    The suburb’s IRSAD score is 961 out of 1217, signifying a fairly high socio-economic standing of the population, considering a higher IRSAD score is better. Bonnells Bay also demonstrates a promising renter to owner ratio of 26%. This is under the threshold of 30%, implying the area does not present a market oversaturated by rental properties, and therefore, is less likely to suffer from high investor competition or rental return risks in the long term.

    Significantly, the units to houses ratio in this suburb is 0%, indicating a market not oversaturated with rental units. This circumstance tends to attract more families, maintain higher rental yields, and reduce the risk of price drops if market conditions change.

    However, the affordability index for houses in Bonnells Bay is 47 years, exceeding the standard 30-year mortgage. This means it takes homeowners longer to fully own a property, indicating decreased affordability in the area.

    In terms of supply, Bonnells Bay houses have a stock on market Percentage of just 0.3%, falling into the favourable range of low supply markets. But the area has a fairly high inventory level for houses, with 10 months of supply, suggesting the market is slow to absorb new listings. The building approvals Ratio for houses is sitting at 1.13%, which falls into a neutral range.

    The average number of days on market (DoM) for houses is 34, indicating a high demand market. However, a combined vacancy rate of 3.63% for houses and units suggests demand is verging on the lower side, this though is a neutral value, not significantly impacting the market desirability.

    Last but not least, the buy search index for houses in Bonnells Bay is 5, indicating that the search activity is on par with the state/city average.

    Monitoring these metrics and their trends provides a comprehensive view of Bonnells Bay’s property market, aiding in making more informed investment decisions. Keep in mind that it’s acceptable to have some metrics in unfavorable ranges provided the majority of other metrics are favourable. The HtAG Analytics’ Relative Composite Score (RCS) can automate this process, utilising over 80 metrics to furnish a data-driven understanding of the property market.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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