Located in New South Wales within the Waverley local government area, Bondi Junction is a well-established suburb (postcode 2022). The area has roughly 10,361 residents and a mix of young professionals and families, with a median age of 35. Households earn a median income of $124K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and finance & insurance. The top ancestries reported are English, Australian, Irish.
Bondi Junction has a median house price of $2.7 million, which has declined steeply by 9.3% year-on-year. Units have a median price of $1.1 million (-21.6% YoY). The current median weekly rent is $998. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $3,100.
Bondi Junction is served by 1 school, including 1 combined. The average ICSEA score is 1141, which is well above the national average of 1,000. Public transport access includes 25 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Waverley LGA is below average at 3,096 incidents per 100,000 population.
Looking at the investment signals, Bondi Junction shows a gross rental yield of approximately 1.9%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 22.0x is considered stretched. House prices have moved -9.3% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.