Bonnells Bay is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2264). With a population of 4,066, the suburb has an established demographic with a median age of 42. Households earn a median income of $76K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Bonnells Bay is $909,000, having increased 3.2% over the past year. Units have a median price of $655,000 (+1.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,820.
Bonnells Bay is served by 1 school, including 1 primary. The average ICSEA score is 925, which is below the national average of 1,000. Public transport access includes 7 rail stations, 23 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Bonnells Bay offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($909K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.0x is considered stretched. House prices have moved +3.2% year-on-year.
Bonnells Bay is a smaller suburb in New South Wales within the Lake Macquarie local government area (postcode 2264). With a population of 4,066, the suburb has an established demographic with a median age of 42. Households earn a median income of $76K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Bonnells Bay is $909,000, having increased 3.2% over the past year. Units have a median price of $655,000 (+1.6% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,820.
Bonnells Bay is served by 1 school, including 1 primary. The average ICSEA score is 925, which is below the national average of 1,000. Public transport access includes 7 rail stations, 23 bus stops. The crime rate in the Lake Macquarie LGA is below average at 3,396 incidents per 100,000 population.
From an investment perspective, Bonnells Bay offers a gross rental yield of 3.7%, rated as moderate yield. Property prices sit below the state median ($909K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.0x is considered stretched. House prices have moved +3.2% year-on-year.