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Bonnet Bay Suburb Insights
VICLocation Information
Suburb Name
Bonnet Bay, VIC
Distance from CBD
22.6 kmDemographics
Population
2,262
Median Income
$49,868
Area Information
Area
1.13 km²
Population Density
2002 people/km²
Property Market
Median Price
$460,929
Annual Growth
+14.4%Property Price Trend Analysis
Current Median Price
$460,929
Annual Growth
+14.4%
Quarterly Growth
+1.1%
Price Trends - Last 6 Months
2024-01
$602,804
+3.8%2024-02
$868,971
+7.3%2024-03
$767,511
+10.3%2024-04
$477,722
+7.4%2024-05
$936,484
+11.4%2024-06
$682,670
+10%Property Type Price Analysis
House
Median Price
$1,653,857
Growth Rate
+9%Available Listings
201 properties
Apartment
Median Price
$686,016
Growth Rate
+18%Available Listings
511 properties
Townhouse
Median Price
$466,775
Growth Rate
+10.9%Available Listings
272 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy