Bronte is a mid-sized suburb in New South Wales within the Waverley local government area (postcode 2024). With a population of 7,166, the suburb has an established demographic with a median age of 38. Households earn a median income of $175K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Bronte is $5.8 million, having dipped slightly 1.2% over the past year. Units have a median price of $1.7 million (+19.2% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $3,975.
Bronte is served by 1 school, including 1 primary. The average ICSEA score is 1176, which is well above the national average of 1,000. Public transport access includes 29 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Waverley LGA is below average at 3,035 incidents per 100,000 population.
From an investment perspective, Bronte offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($5.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 33.1x is considered stretched. House prices have moved -1.2% year-on-year.
Bronte is a mid-sized suburb in New South Wales within the Waverley local government area (postcode 2024). With a population of 7,166, the suburb has an established demographic with a median age of 38. Households earn a median income of $175K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Bronte is $5.8 million, having dipped slightly 1.2% over the past year. Units have a median price of $1.7 million (+19.2% YoY). The current median weekly rent is $1100. This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $3,975.
Bronte is served by 1 school, including 1 primary. The average ICSEA score is 1176, which is well above the national average of 1,000. Public transport access includes 29 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Waverley LGA is below average at 3,035 incidents per 100,000 population.
From an investment perspective, Bronte offers a gross rental yield of 1.0%, rated as low yield. Property prices are above the state median ($5.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 33.1x is considered stretched. House prices have moved -1.2% year-on-year.