Get a property report and suburb profile for any property in Bondi Beach

Bondi Beach is an iconic beachside suburb centred on the crescent of sand and surf and the Bondi Pavilion. The shoreline, headlands and the coastal walk toward Tamarama and Bronte shape daily life, while Campbell Parade and Bondi Road form a compact village strip of cafes, restaurants and shops. Regular buses link the village to Bondi Junction and the wider city, and the area livens up in the warmer months.

The community of 11,513 people has a median age of 33 and a median household income of $2,795 a week. Housing mixes apartment blocks and art deco flats with older terraces and weatherboard cottages, and homes are predominantly rented (67.5%) with 32.6% owner-occupied. That mix, together with the beach focus, attracts surfers, young professionals, families and international visitors. Council-led upgrades are under way or planned around the village — from streetscape and cycleway works to a renewed Bondi Pavilion and park improvements — so whether Bondi Beach suits you comes down to how much you want a beach-centred lifestyle and a rental-heavy housing market.

Buying a unit in Bondi Beach at a median of $1,555,000 works out to about 10.7 times a typical local household's annual income at the last Census, which sits well above local incomes. Rents are also a significant share of local income: the average house rent of $1,875 a week would take about 67.0% of a typical local household's weekly income at the last Census (a large share), while the average unit rent of $1,050 a week would take about 37.6% (a sizeable share). On these figures buying looks the more stretched against what people locally earned at the last Census; whether that feels expensive depends on your own income and circumstances.

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

The standout over the past year in Bondi Beach was unit values, which climbed 25.0%, a strong rise in what units are worth. House values also rose, up 7.1% over the year, a solid increase.

On the income side, house rents rose 7.1% while unit rents rose 5.5%, so house rents grew marginally faster than unit rents. Put another way, unit owners saw much larger price gains than rent gains this year, while houses recorded similar rates of growth for value and rent. Which of those patterns matters to you depends on whether you prioritise capital growth or rental income.

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.