Bonnells Bay

Bonnells Bay, NSW 2264, with a population of 4066, offers a balanced age distribution with a good percentage of residents aged 45-64 and 65 or over. The median weekly household income is $1,460, and the suburb has low social housing ratio. The commute patterns show a preference for motor vehicles with a significant number of residents working from home. For house investors, Bonnells Bay presents favorable investment opportunities with a strong market absorption rate, high buyer demand as indicated by online search interest, and a healthy median growth rate. The suburb's sale price IQR suggests potential for renovators. Units, although with a smaller property count, exhibit good growth rates over the long term with a solid rented ratio. Bonnells Bay is a suburb in NSW 2264 with a growing population and diverse demographics. It offers a mix of housing options suitable for investors and homebuyers. House investors can benefit from the high demand and potential for renovation projects, while unit investors can capitalize on solid growth rates and rental returns. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022