Bondi beach ~ one of Australia’s most famous icons

Bondi beach, Sydney

Bondi beach is located 9km to the east of Sydney’s CBD. It is one of Sydney, and for that matter, Australia’s most popular tourist attractions.

Investors should take note there are 3 distinct suburbs ~ Bondi, Bondi Beach and Bondi Junction. This profile is about Bondi Beach.

What I like about Bondi beach

  • If you have ample time, do the Bondi to Bronte walk and take in the views of the ocean as you reflect on what a beautiful city that is Sydney. Then take a dip in the Rockpool to cool off. Head over to Icebergs or the cheaper option of the RSL next door for some fresh Sydney rock oysters and wash it down with a crisp glass of sauvignon blanc while soaking up the breath-taking views of the surf and beach life. Truly, life can’t get any better than this!
  • There is no shortage of cafes, restaurants, bars, shops and local attractions.

Drawbacks

  • This place can be very busy with a lot of tourists during weekends.

 


Bondi Beach

House

Unit

Median house price $

1,237,500

499,000

Average annual growth %

9.3

6.5

5-year growth %

29

-6

Weekly median rent $

540

480

Gross yield %

2.3

5

Source: Your Investment Property, April 2009

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How it’s calculated:

Median price: Median price for the 12 months to March 2009

Average annual growth: Average percentage change over the past 10 years as a per annum figure

5-year growth: Median price percentage change over the past 5 years to March 2009

Weekly median advertised rent: Median price of rental listings for the 12 months to March 2009

 

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