Bonny Hills is a smaller suburb in New South Wales within the Port Macquarie-Hastings local government area (postcode 2445). With a population of 3,045, the suburb has a mature demographic with a median age of 51. Households earn a median income of $74K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bonny Hills is $1.1 million, having surged 16.4% over the past year. Units have a median price of $849,000 (+8.8% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.3%. 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 3,538 incidents per 100,000 population.
From an investment perspective, Bonny Hills offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.0x is considered stretched. House prices have moved +16.4% year-on-year.
Bonny Hills is a smaller suburb in New South Wales within the Port Macquarie-Hastings local government area (postcode 2445). With a population of 3,045, the suburb has a mature demographic with a median age of 51. Households earn a median income of $74K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Bonny Hills is $1.1 million, having surged 16.4% over the past year. Units have a median price of $849,000 (+8.8% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.3%. 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 3,538 incidents per 100,000 population.
From an investment perspective, Bonny Hills offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 15.0x is considered stretched. House prices have moved +16.4% year-on-year.