Question 1

Is Bonnet Bay a nice place to live?

Accepted Answer

Bonnet Bay is a riverfront suburb in the Sutherland Shire set on a peninsula around the Woronora River. Streets slope down to waterfront reserves and private jetties and the housing is largely detached homes, many renovated to take advantage of river or treed outlooks. Days here often centre on boating, kayaking, fishing and walking the surrounding bush reserves, while the neighbourhood itself is mainly residential with a compact local shopping strip and community facilities. Most residents use private cars and buses connect to the wider Shire.

The community of 2,238 people has a median age of 44 and a median household income of $3,087 a week. It is a suburb of families, with couple families with children the largest group and the two couple-family categories making up 92.6% of families. Homes are overwhelmingly owner-occupied (94.9%), renters 5.1%. Local foreshore assets include Bonnet Bay Reserve and a public boat ramp on Washington Drive, and changeroom facilities for the local football club have received grant-funded upgrades. Whether Bonnet Bay suits you depends on how much you value a riverfront, largely owner-occupied community with strong water-based recreation on the doorstep.

Question 2

Is it expensive to live in Bonnet Bay?

Accepted Answer

There haven't been enough recent sales or rentals in Bonnet Bay to publish reliable house or unit prices and rents. Without current price or rent figures, it's not possible to describe how expensive housing is here compared with what typical local households earned at the last Census.

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 Bonnet Bay a good place to invest?

Accepted Answer

House values in Bonnet Bay rose 6.5% over the past 12 months, a solid increase in the capital value of houses. If you are weighing Bonnet Bay up as an investment, that 6.5% is the capital growth figure to consider, and whether it suits your objectives depends on your 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	N/A	N/A
Change in value Past 12 months	6.5%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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