Property investor lens on Bondi 2026
Bondi is perhaps the most famous beach suburb in Sydney. It’s home to young professionals as well as recent arrivals from New Zealand, Ireland, and the UK. Everyone who lives here loves the laid-back lifestyle that living by the beach offers.
The name Bondi is from the Aboriginal word ‘Boondi’ which means ‘water breaking over rocks. Before European settlement, the area was inhabited by many Aboriginal people. Evidence of this can be seen in the many rock carvings around the area that depict various sea creatures.
After European settlement, Bondi became part of a private estate. However, in 1882, the government of the day declared it a public reserve. By 1884, the first tramway enabled people to access the beach easily from nearby Bondi Junction.
Interestingly, between 1935 and 1961, the beach was patrolled by beach inspectors who were responsible for checking that swimming costumes met the required modesty standards. Imagine that happening today!
Bondi is also the home of the world’s first surf life club. Formed in 1906, the Bondi surf life-saving club was one of the first to use the life-saving reel.
As you can see, Bondi certainly has a rich history.
Bondi suburb review and lifestyle
Bondi offers a very relaxed lifestyle, especially for people who work amid the hustle and bustle of inner Sydney. Many of these locals head down to the beach in the early morning for a swim or a surf before heading to work. In fact, if you head down to Bondi Beach at 6 am, you’re likely to run into quite a few of your neighbours.
In the afternoon, the beach is mainly occupied by ‘tourists’ ‒ visitors from outside the area ‒ who come to enjoy the sun, surf and sand. In pre-pandemic times, many backpackers were keen to stay in Bondi to get a little of our famous sunshine and fabulous surf.
Housing styles in Bondi are interesting and varied. You’ll find Art Deco apartments, Federation and 1930s houses, 1970s apartments, and some ultra-modern developments. This eclectic mix only adds to the area’s charm and offers potential to investors.
Bondi Beach is also home to the Sunday markets that are located at the local primary school. Plus, there are plenty of surf and sporting goods shops that line the main street. The closest major shopping centre is at Bondi Junction but in Bondi itself, you’ll find a Woolworths supermarket and Harris Farm Market.
For a drink or a meal, most locals head to one of the clubs that overlook the beach. Most popular are the RSL club, the North Bondi Life Saving Club, and the renowned Bondi Icebergs at the southern end of the beach.
We mustn’t forget the Lamrock Café, which has been a Bondi institution since the 1980s. The café overlooks the beach and serves coffee, tea, summery cocktails, and café-style food.
But overall, living in Bondi is all about the beach and being outdoors. There’s a lovely coastal walk that takes you from Bondi to Tamara but be aware that this can get quite busy, especially on the weekends and during the Sculpture by the Sea exhibition that normally runs for three weeks around October-November each year.
Property values and yields in Bondi
If you want to pick up a piece of Bondi real estate, median house prices are currently around $3,150,000 and the median price for a unit is around $1,250,000.
According to data from the 2016 census, around 40% of the properties in the suburb are owner-occupied while just over 54% are rented.
This shows that there’s significant demand for Bondi rental properties, especially as recent activity has likely led to more owner-occupied properties, thus decreasing the available rental property pool.
Capital growth in Bondi
The capital growth for Bondi real estate is around 6.78% over the past 12 months. However, the growth for the last five years was a healthy 47.54%.
We observe that the strong demand for beachside properties is not slowing down any time soon, especially in the current climate.
Need help managing your investment property in Bondi?
If you’re considering buying an investment property in Bondi, why not give us a call at Vogue Property. We understand what Bondi renters are looking for and can help you with tenants and everyday management so you have peace of mind.
See our recently rented property in Bondi to get a better idea of what’s available.
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