Question 1

Is Bonbeach a nice place to live?

Accepted Answer

Bonbeach sits on the shores of Port Phillip Bay in Melbourne’s south-east bayside corridor and has a relaxed coastal pace shaped by its sandy beach and foreshore reserve. Housing is largely single-storey postwar cottages and modestly updated homes, with some units near the village. With 6,855 residents, a median age of 42 and a high share of owner-occupation, the community leans towards families and retirees looking for a quietly comfortable bayside setting.

Day-to-day life centres on the village shopping strip by Bonbeach station on the Frankston line, where cafes, takeaways and local services are clustered, and the Nepean Highway provides a straightforward road link. The rail line has been lowered, the level crossing removed and the station rebuilt, with improved walking and cycling connections and precinct landscaping. Local works and plans also include Patterson River beach renourishment efforts, a new two-storey Bonbeach Life Saving Club clubhouse, a major primary school upgrade and a Sports Reserve masterplan with initial works underway.

Question 2

Is it expensive to live in Bonbeach?

Accepted Answer

On the figures, housing in Bonbeach sits above what local households earned at the last Census. A median house price of $1,060,000 is about 11.5 times a typical local household's annual income at the last Census, while a median unit price of $652,500 is about 7.1 times that annual income. For renters, a house rent of $760 a week would take about 43% of a typical local household's weekly income at the last Census, which is a large share, and unit rent of $520 a week would take about 29.5%, a moderate share. If you are renting rather than buying, those rent shares are the figures that matter most to your situation.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Bonbeach a good place to invest?

Accepted Answer

If you're weighing Bonbeach up as an investment, the past year shows a strong result for houses: median house values rose 11.8% while house rents climbed 10.1%. Those are large, closely matched moves, so house capital growth and rental income both increased over the year. Unit prices were quieter, with median unit values up a more modest 3.2%.

Which of those movements matters most depends on your priorities. The house figures are the numbers to watch if you care about both capital growth and rental income; whether that balance fits your plans and circumstances is something only you can decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.06M	$653K
Change in value Past 12 months	11.8%	3.2%
Sold Past 3 months	19	16
Median days on market Past 12 months	44	22
Average rent Past 12 months	$760	$520
Change in rent Past 12 months	10.1%	N/A

Get a property report and suburb profile for any property in Bonbeach

Bonbeach suburb profile

Bonbeach property market performance

5 year median price trend for houses and units

Bonbeach demographics

Suburbs near Bonbeach

How does Bonbeach compare to nearby suburbs?

Choose the right real estate agents in Bonbeach

Get a head start and compare top local agents in Bonbeach

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market