Bonny Hills (postcode 2445) is a compact suburb in New South Wales within the Port Macquarie-Hastings local government area. The area has roughly 3,045 residents and a settled, mature resident base, with a median age of 51. Households earn a median income of $74K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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, community & personal service, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
The median house price in Bonny Hills is $963,000, broadly unchanged over the past year. Units have a median price of $785,000 (+0.6% YoY). The current median weekly rent is $725. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,820.
Public transport access includes 23 bus stops. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
On the investment side, The gross rental yield works out to roughly 3.9%, which reads as moderate yield. Property prices sit below the state median ($963K/$1.5M), which can point to relative value. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +0.3% year-on-year. Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.