Question 1

Is Bonnells Bay a nice place to live?

Accepted Answer

Bonnells Bay sits on the western shore of Lake Macquarie and has a relaxed character with a strong connection to the water. The foreshore reserve is lined with jetties, boat ramps and parkland, so boating, fishing and lakefront walks are regular pastimes. Housing is mainly low-rise family homes, from older weatherboard cottages to more recent brick houses, and a compact village-style shopping area meets everyday needs.

With a median age of 42 and about three in four households owner-occupied (73.5%), Bonnells Bay reads as a suburb of families and established households. Local amenities include Pendlebury Park with a boat ramp and an off-leash dog area, a reopened Youth and Community Centre run by Community Activities Lake Macquarie, and a primary school that received a grant for a nature-based playground. Council plans for foreshore activation and park upgrades indicate attention to local amenity. Whether that suits you depends on what you want from a lakeside suburb.

Question 2

Is it expensive to live in Bonnells Bay?

Accepted Answer

Buying a house in Bonnells Bay sits well above local incomes. A median house price of $860,000 is about 11.3 times a typical local annual household income at the last Census, which places buying well above what people locally earned then.

Renting a house at about $670 a week would take roughly 46% of a typical local household's weekly income at the last Census, a large share. For renters the rent share is the key figure to watch, while the price multiple is what matters for prospective buyers; whether those numbers feel 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.

Question 3

Is Bonnells Bay a good place to invest?

Accepted Answer

House rents in Bonnells Bay jumped 15.5% over the past year, a strong rise in the rental income houses are earning. Over the same 12 months house values increased 9.9%, a solid rise in capital value, so for houses the rent movement has outpaced price growth this year.

If rental income is your priority, that 15.5% rise is the figure that will matter most; if capital growth is what you want, the 9.9% increase is the relevant number. Whether that balance suits your plans depends on your own goals and circumstances.

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	$860K	N/A
Change in value Past 12 months	9.9%	N/A
Sold Past 3 months	17	N/A
Median days on market Past 12 months	18	N/A
Average rent Past 12 months	$670	N/A
Change in rent Past 12 months	15.5%	N/A

Get a property report and suburb profile for any property in Bonnells Bay

Bonnells Bay suburb profile

Bonnells Bay property market performance

5 year median price trend for houses and units

Bonnells Bay demographics

Suburbs near Bonnells Bay

How does Bonnells Bay compare to nearby suburbs?

Choose the right real estate agents in Bonnells Bay

Get a head start and compare top local agents in Bonnells Bay

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market