Bonbeach

Bonbeach, VIC 3196 is a growing suburb with a diverse population. The majority of residents fall within the age groups of 25 to 64 years, with a good mix of families and working professionals. The suburb offers various commuting options, with a notable percentage of residents working from home. Bonbeach has a high ICSEA value for government schools, reflecting educational advantages for students. For house investors, Bonbeach presents an opportunity with a relatively high sale price IQR ratio, indicating potential for renovation projects. The suburb has shown consistent median growth rates over the years, making it an attractive option for long-term investment. Unit investors can benefit from a moderate yield median and a market absorption rate above 10%, suggesting a favorable market demand. Bonbeach, VIC 3196 offers a vibrant lifestyle with a mix of families and professionals. The suburb's property market provides investment opportunities for both house and unit investors, with potential for capital growth and rental yields. With good infrastructure and a growing population, Bonbeach is a suburb to watch for property buyers seeking long-term returns. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022