Is Bondi Beach a nice place to live?

Bondi Beach centres on the famous Bondi Beach and its lively promenade, backed by a commercial strip of cafes, bakeries, galleries and regular markets. The community has many renters, incomes above the NSW median and a large share of couples without children, with 67.5% of homes rented. The area is pedestrian-friendly with coastal walking paths, parkland, regular bus links and the Bondi Pavilion, which reopened after a heritage restoration and now contains a community theatre, gallery spaces and an interactive Bondi Story Room. Waverley Council has included Bondi Beach in the Waverley Beaches Coastal Management Plan Stage 1 scoping study to assess seawall renewal and upgrade options.

Is it expensive to live in Bondi Beach?

Renting and buying tell different stories in Bondi Beach. A typical local household earned about $2,795 a week at the most recent Census, and on those figures the two paths look quite different. House rent of $1,800 a week would take about 64% of a typical local household's weekly income, while unit rent of $1,050 a week would take about 38%. For buyers, the median unit price of $1,615,000 works out to about 11.1 times a typical local annual household income, which sits well above local incomes. If you're renting rather than buying, the rent share is the number that matters most for you. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Bondi Beach a good place to invest?

In Bondi Beach over the last twelve months, unit values jumped 18.3% while house values rose a solid 6.3%. Over the same period, unit rents increased 6.1% and house rents edged up 0.3%. Put simply, capital growth outpaced rental growth for both property types listed here: for houses, value growth exceeded rent growth, and for units the difference was much larger, with unit values rising far more than unit rents. 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.

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Bondi Beach suburb profile

Bondi Beach is an inner-eastern Sydney suburb centred on the famous Bondi Beach and its lively promenade. The sand and surf draw beachgoers and surfers, while the commercial strip just behind the sand supports cafes, bakeries, galleries and small shops, with markets and open-air events regularly staged nearby.

Residential streets mix low-rise apartment blocks, art-deco flats and renovated period cottages, many set among tree-lined streets. The area is pedestrian-friendly, with coastal walking paths and parkland close at hand, and it is well served by regular bus links to the city.

Bondi Beach property market performance

Current median dwelling price$2,708,250Past 3 months

Property growth+12.3%Past 12 months

Bondi Beach units have a median price of $1.615 million and unit values rose sharply, up 18.3% over the last 12 months. There is no reliable house median for Bondi Beach because too few houses have sold recently for a median to be published.

In Bondi Beach, unit rents rose solidly, up 6.1% over the last 12 months, while unit values ran ahead. House rents edged up slightly, rising 0.3%; average rents were $1,800 a week for houses and $1,050 a week for units.

	Houses	Units
Median price Past 3 months	N/A	$1.61M
Change in value Past 12 months	6.3%	18.3%
Sold Past 3 months	7	31
Median days on market Past 12 months	51	42
Average rent Past 12 months	$1800	$1050
Change in rent Past 12 months	0.3%	6.1%

5 year median price trend for houses and units

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Bondi Beach demographics

Bondi Beach is a community with many renters, incomes above the median for NSW and couples without children at home.

Couples without children make up 55.8% of families, and 67.5% of homes are rented. At the 2021 Census there were 11,513 people living in Bondi Beach.

Bondi Beach and NSW

	Suburb	NSW
Median age years	33	39
Median household income weekly	$2,795	$1,829
Couples with children share of families	31.0%	44.7%
Couples without children share of families	55.8%	37.9%
One-parent families share of families	11.2%	15.8%
Homes owned outright share of homes	16.1%	32.6%
Homes with a mortgage share of homes	16.5%	33.6%
Homes rented share of homes	67.5%	33.7%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Bondi Beach infrastructure, key developments and investment opportunities

Bondi Beach is included in Waverley Council’s Waverley Beaches Coastal Management Plan Stage 1 scoping study, which in 2024 recommended assessing seawall renewal and upgrade options for the Bondi and Tamarama seawalls, including measures such as raising the seawall crest or stabilising the toe with placed rock. The Bondi Pavilion reopened in 2022 after a heritage restoration and now contains a community theatre, gallery spaces and an interactive Bondi Story Room.

Waverley Council’s Bondi Park, Beach and Pavilion Plan of Management was updated in 2021 and remains the precinct master plan guiding future works and funding priorities for Bondi Park, the promenade and the Pavilion.

Suburbs near Bondi Beach

Some popular suburbs near Bondi Beach include:

How does Bondi Beach compare to nearby suburbs?

Median house prices: Bondi Beach’s median house price is 29.6% lower than North Bondi’s.
Median unit prices: Bondi Beach’s median unit price is 4.5% higher than North Bondi’s.
House price growth: Over the past 12 months, house prices in Bondi Beach have grown 5.5% higher than in Bondi.
Unit price growth: Over the past 12 months, unit prices in Bondi Beach have grown 9.0% higher than in North Bondi.
Selling speed for houses: Properties in Bondi Beach are selling 3.8% faster than in Bondi.
Selling speed for units: Properties in Bondi Beach are selling 14.3% faster than in Bellevue Hill.
Investment considerations: In Bondi Beach, the rental yield for house is 95.0% higher than the Sydney average, while the rental yield for units is 32.9% higher.
House price growth: Over the past 12 months, house prices in Bondi Beach have grown 130.3% higher than the average rate of growth across Sydney.
Unit price growth:Over the past 12 months, unit prices in Bondi Beach have grown 95.7% higher than the average rate of growth for units across Sydney.

Common questions about Bondi Beach

Is Bondi Beach a nice place to live?
Bondi Beach centres on the famous Bondi Beach and its lively promenade, backed by a commercial strip of cafes, bakeries, galleries and regular markets.

The community has many renters, incomes above the NSW median and a large share of couples without children, with 67.5% of homes rented. The area is pedestrian-friendly with coastal walking paths, parkland, regular bus links and the Bondi Pavilion, which reopened after a heritage restoration and now contains a community theatre, gallery spaces and an interactive Bondi Story Room. Waverley Council has included Bondi Beach in the Waverley Beaches Coastal Management Plan Stage 1 scoping study to assess seawall renewal and upgrade options.
Is it expensive to live in Bondi Beach?
Renting and buying tell different stories in Bondi Beach. A typical local household earned about $2,795 a week at the most recent Census, and on those figures the two paths look quite different.

House rent of $1,800 a week would take about 64% of a typical local household's weekly income, while unit rent of $1,050 a week would take about 38%. For buyers, the median unit price of $1,615,000 works out to about 11.1 times a typical local annual household income, which sits well above local incomes. If you're renting rather than buying, the rent share is the number that matters most for you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Bondi Beach a good place to invest?
In Bondi Beach over the last twelve months, unit values jumped 18.3% while house values rose a solid 6.3%. Over the same period, unit rents increased 6.1% and house rents edged up 0.3%.

Put simply, capital growth outpaced rental growth for both property types listed here: for houses, value growth exceeded rent growth, and for units the difference was much larger, with unit values rising far more than unit rents.

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.

Choose the right real estate agents in Bondi Beach

In Bondi Beach ,78 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 33.8% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.77% and 2.03%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.