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

North Bondi sits on the northern edge of Bondi Beach and has a genuine coastal lifestyle, with easy access to the sand, surf and the coastal walk that follows the cliffs toward Bronte. The suburb is largely low-rise, with interwar and mid-century apartment blocks, small terraces and weatherboard cottages on tree-lined streets. Everyday life centres on beachside cafés, takeaway shops and pocket parks, while ocean-facing vantage points are popular for walking and watching the swell. Regular bus services link North Bondi with Bondi Junction and the city.

About 9,290 people live in North Bondi; the median age is 35 and typical household income is $3,292 a week, roughly $171,200 a year. The community is weighted towards couple families, and homes are more often owner-occupied than rented. Council is progressing streetscape and transport improvements, pedestrian crossing upgrades, coastal reserves planning and arrangements for surf club refurbishment. Whether that mix suits you comes down to what you want from a suburb.

On the figures, housing in North Bondi sits well above what a typical local household earned at the last Census. The median house price of $5,920,000 is about 34.6 times a typical local household's annual income at the last Census, while the median unit price of $1,550,000 is about 9.1 times a typical local annual household income.

Looking at rents, a house for $2,600 a week would take roughly 79.0% of a typical local household's weekly income at the last Census, a large share, whereas a unit at $1,088 a week would take about 33.1% of that weekly income, a sizeable share. If you're mainly interested in renting rather than buying, the unit market looks noticeably less stretched against local incomes than buying or renting a house.

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

House rents in North Bondi jumped 22.4% over the past 12 months, a strong rise and the most pronounced movement among the four figures. Over the same period median house values rose 8.3%, a solid increase, so rental income from houses grew much faster than their capital value did this year.

Median unit values and unit rents each increased 8.8% over the year, a solid rise and, in percentage terms, identical movements for value and rent. Unit rent growth was notably smaller than the jump in house rents, while unit values rose a touch more than house values. Whether that balance between capital change and rental income suits your needs depends on your individual 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.