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Investment Property Bonbeach, VIC, 3196

Suburb Snapshot

Bonbeach is a suburb in the Kingston Region of Victoria. Bonbeach has a population of 6,420 people and 27.25% of its occupants live in rental accommodation. The median listing price for houses is $1,050,000 and this has changed -0.24% over the past year and changed -2.78% over 2 years.

The median rent in Bonbeach for houses is $690 per week and the median rental yield is 3.41%. Stock on the market for houses/townhouses has changed -29.27% compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is $582,500 and this has changed 5.90% over the past year. The average unit takes 56 days to sell and the median rent for a unit in Bonbeach is $500 per week, producing a rental yield of 4.46%.

Supply & Demand in Bonbeach, Kingston

0.84%

Current vacancy rate


30

Rental stock available


6,420

Population


27.25%

Rental population


0.73%

Current vacancy rate


518

Rental stock available


151,389

Population


22.80%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Bonbeach, Kingston

  House Townhouses Units
Median listing price $1,050,000 $940,000 $582,500
Median price change - last quarter -4.77% 2.29% 3.50%
Median price change - 1 year -0.24% 9.30% 5.90%
Median price change - 2 years -2.78% -1.06% 1.74%
  House Townhouses Units
Median weekly rent $690 $650 $500
Median yield % 3.41% 3.59% 4.46%
Median rent change - 1 year 11.29% 0.00% 11.11%
  House Units
Previous month sales 5 3
Stock on market previous month 29 14
Stock variance vs. last year -29.27% -17.65%
Average days on market 59 56

Bonbeach investment property listings

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