Thinking about buying in Bonbeach? Now could not be a better time, with 4283 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,170,000 with prices in this suburb ranging from $379,000 to $7,040,000. Bonbeach is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Bonbeach Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Bonbeach ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Bonbeach classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Bonbeach requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Bonbeach we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Bonbeach a better buying opportunity than it may have been in the past.

Houses for sale Bonbeach

	UNIT 6, 10 BROADWAY, BONBEACH, VIC, 3196				$900,000 to $990,000
	UNIT 3, 11 BROADWAY, BONBEACH, VIC, 3196				$179,000
	UNIT 1, 20 BROADWAY, BONBEACH, VIC, 3196	2	2	1	For Sale $680,000 - $780,000
	UNIT 4, 437-438 STATION ST, BONBEACH, VIC, 3196	2	2	1	$430,000
	53A SCOTCH PDE, BONBEACH, VIC, 3196	3	1	1	$750,000 - $780,000
	4 TRENT CT, BONBEACH, VIC, 3196	4	2	7	995000
	UNIT 3, 62 BONDI RD, BONBEACH, VIC, 3196	2	1	1	670000
	UNIT 3, 11 BONDI RD, BONBEACH, VIC, 3196	2	1	1	555000
	38 ILMA GR, BONBEACH, VIC, 3196	3	1	1	890000
	UNIT 185, 100 BROADWAY, BONBEACH, VIC, 3196	2	1	2	349000
	UNIT 3, 47 PATTERSON ST, BONBEACH, VIC, 3196	2	1	1	540000

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General Points of Interest

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