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Bondi suburb profile

Bondi is an iconic beachside suburb in Sydney, renowned for its stunning coastline, vibrant atmosphere, and world-famous Bondi Beach. Located just 7km east of the Sydney CBD, Bondi offers a unique blend of laid-back coastal living and urban convenience. The suburb is a hotspot for surfers, sunbathers, and tourists, drawn by its golden sands and lively promenade. Bondi's bustling streets are lined with trendy cafes, boutique shops, and a diverse array of dining options. With its strong sense of community, excellent public transport links, and cultural events, Bondi remains a highly desirable destination for locals and visitors alike.

Bondi property market performance

Current median dwelling price$2,960,000Past 3 months

Property growth+6.4%Past 12 months

Bondi's property market has shown robust growth over the past 12 months, with house values increasing by 7.7% and unit values rising by 5.0%. The median house price stands at $4.25 million, while units average $1.67 million, indicating strong demand.

Sales activity is notable, with 11 houses and 42 units sold over the last year. Interestingly, houses are moving extremely quickly with a median of 0 days on the market recently, while units spend 36 days, reflecting different dynamics between property types.

Bondi’s rental market has also seen positive shifts, with house rent increasing by 11.1% to an average of $2,000 per week, and unit rent up by 4.6% to $1,025, suggesting a competitive rental landscape.

HousesUnits
Median price
Past 3 months
$4.25M$1.67M
Change in value
Past 12 months
7.7%5.0%
Sold
Past 3 months
1142
Median days on market
Past 12 months
N/A36
Average rent
Past 12 months
$2000$1025
Change in rent
Past 12 months
11.1%4.6%

5 year median price trend for houses and units

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Bondi demographics

Bondi, one of Sydney's most iconic suburbs, is renowned for its stunning beach, vibrant lifestyle, and diverse community. With a population of 10,411 and a median age of 34, Bondi attracts a mix of young professionals, families, and beach enthusiasts who are drawn to its lively atmosphere and coastal charm. The suburb's proximity to the city and its world-famous beach make it a desirable location for those seeking a balance between urban living and seaside relaxation.

The housing landscape in Bondi is predominantly rental-based, with 58.9% of properties being rented. This high rental rate reflects the suburb's appeal to those seeking flexible living arrangements, including young professionals and transient residents who enjoy the beachside lifestyle. Property ownership is split between those owning outright (20.5%) and those with a mortgage (20.6%), indicating a stable yet dynamic property market.

Family dynamics in Bondi are diverse, with couple families without children making up 52.6% of the family households, followed by couple families with children at 35.1%. The presence of one-parent families (10.5%) and other family types (1.9%) adds to the suburb's inclusive and varied community fabric. Bondi's high median household income of $2,546 per week underscores its status as a sought-after location, offering residents a vibrant lifestyle with ample opportunities for leisure, dining, and recreation.

Bondi infrastructure, key developments and investment opportunities

Bondi continues to benefit from its proximity to major coastal amenities, including the beach, coastal walk and nearby retail and hospitality precincts, which underpin strong buyer demand and support short- and long-term rental appeal.[1][2] Waverley Council’s ongoing place-making initiatives and annual events such as Bondi Festival help activate public spaces and local businesses, reinforcing the suburb’s profile as a lifestyle destination that typically translates into resilient property values.[1][3] Recent community safety and memorial responses following the Bondi attack have focused on improving security and public confidence in busy precincts, which may influence perceptions of safety but are being managed alongside efforts to maintain Bondi’s attractiveness as a visitor and residential hub.[5][7][8]

No major new transport corridors or large-scale school redevelopments have been announced specifically for Bondi, so accessibility continues to rely on established bus networks and connections to nearby train hubs, keeping current commuting patterns relatively stable for residents.[1] Council and state planning directions remain focused on incremental infill development, heritage and coastal protection, meaning any additional housing supply is likely to come from medium-density and mixed-use projects rather than large greenfield releases, which tends to support price growth over time in an already built-out suburb.[1]

Bondi rental market trends

The rental market in Bondi is robust, with house rents increasing 11.1% over the past year to $2,000 per week, while unit rents have risen 4.6% to $1,025 per week. With its iconic beach lifestyle and strong demand, Bondi continues to be a desirable location for both residents and investors seeking profitable opportunities in a premium suburb.

Suburbs near Bondi

Some popular suburbs near Bondi include:

How does Bondi compare to nearby suburbs?

  • Median house prices: Bondi’s median house price is 21.3% higher than Waverley’s.
  • Median unit prices: Bondi’s median unit price is 15.2% higher than Bellevue Hill’s.
  • House price growth: Over the past 12 months, house prices in Bondi have grown 24.2% higher than in Tamarama.
  • Unit price growth: Over the past 12 months, unit prices in Bondi have grown 25.0% higher than in Tamarama.
  • Selling speed for units: Properties in Bondi are selling 42.9% faster than in Bellevue Hill.
  • Investment considerations: In Bondi, the rental yield for house is 121.5% higher than the Sydney average, while the rental yield for units is 31.7% higher.
  • House price growth: Over the past 12 months, house prices in Bondi have grown 127.8% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Bondi have grown 62.1% higher than the average rate of growth for units across Sydney.

Common questions about Bondi

  • Is Bondi a nice place to live?

    Bondi is a delightful suburb that offers a unique blend of coastal charm and urban convenience, making it a fantastic place to live. Known for its iconic beach and vibrant lifestyle, Bondi provides a lively atmosphere that attracts a diverse community. The suburb's proximity to the Sydney CBD ensures easy access to city amenities while allowing residents to enjoy the laid-back beachside living. Bondi is well-equipped with trendy cafes, boutique shops, and a variety of dining options, making it a hub for social and cultural activities.

    Families will find Bondi to be a welcoming environment with its strong sense of community and access to quality schools and recreational facilities. The suburb's safety measures and community initiatives contribute to a secure and family-friendly atmosphere. However, living in Bondi does come with trade-offs, such as the high cost of living and competitive property market, which can be a consideration for those looking to settle down. Additionally, while public transport is reliable, the lack of new transport corridors means residents rely on established bus networks for commuting.

    Despite these trade-offs, Bondi's vibrant culture, stunning natural beauty, and community spirit make it a highly desirable place to call home. Whether you're a young professional, a family, or a beach enthusiast, Bondi offers a lifestyle that balances urban excitement with seaside relaxation, ensuring a fulfilling living experience for its residents.

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  • Is it expensive to live in Bondi?

    Living in Bondi is undeniably expensive, reflecting its status as one of Sydney's most iconic and sought-after beachside suburbs. The current median house price is a staggering $4,250,000, while units are priced at a median of $1,670,000. For those considering renting, houses average around $2,000 per week, and units are about $1,025 weekly. These figures highlight the premium placed on real estate in this vibrant coastal area.

    When compared to the Sydney average wage of approximately $95,000 per year, the cost of living in Bondi is significantly high. The median total household income in Bondi is $2,546 per week, which is above the average, yet the high property prices and rental costs mean that a large portion of income would be dedicated to housing expenses. This makes it challenging for individuals earning an average salary to comfortably afford living in Bondi.

    While Bondi offers a fantastic lifestyle with its stunning beaches, bustling cafes, and vibrant community, it's important to consider the financial implications. If you're thinking of living in Bondi, it's crucial to evaluate your budget and ensure it can accommodate the costs associated with this desirable suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Bondi a good place to invest?

    Bondi is a vibrant and iconic suburb that continues to be a solid investment choice. Over the past 12 months, the median house value in Bondi has increased by 7.7%, while unit values have risen by 5.0%. This steady growth reflects the suburb's ongoing appeal and demand. Bondi's world-famous beach, lively atmosphere, and proximity to the city make it a highly desirable location for both renters and buyers, ensuring a consistent demand for properties.

    Rental yields in Bondi are also on the rise, with house rents increasing by 11.1% and unit rents by 4.6% over the last year. This indicates a strong rental market, which is attractive for investors seeking reliable rental income. The suburb's mix of lifestyle amenities, including cafes, shops, and outdoor activities, adds to its allure, drawing in a diverse range of residents from young professionals to families.

    Overall, Bondi offers a compelling mix of capital growth potential and rental income opportunities. Its enduring popularity and limited housing supply help maintain property values, making it a sound investment choice for those looking to capitalize on both short-term gains and long-term appreciation.

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Choose the right real estate agents in Bondi

Choosing the right real estate agent in Bondi can have a big impact on your sale. While there are 91 real estate agents working in the suburb, but just 5 of them were responsible for 23.9% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.77% to 2.03%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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