How Much is My Home Worth in Bonbeach?
In the last year, there have been 87 units sold and 71 houses sold in Bonbeach. The median price for a house on February 5, 2020, was $847,500. The median price for a unit was $550,000. The average annual property growth is currently 6.06% for houses and 5.49% for units. The 12-month capital growth for houses is -5.92% and for units, it is -8.53%. The DSR or Demand to Supply Ratio gives houses and units an above-average rating. This is a good market for property investors wanting to add to their portfolio. Home sellers are usually getting their asking price Capital growth should stay ahead of the national average for Bonbeach.
House prices and weekly rent returns in Bonbeach
- 2 bedroom house $761,000 Rent per week $350
- 3 bedroom house $815,000 Rent per week $440
- 4 bedroom house $880,000 Rent per week $595
Unit prices and weekly rent returns in Bonbeach
- 2 bedroom unit $530,500 Rent per week $360
- 3 bedroom unit $641,000 Rent per week $520
The gross rental yield for houses is 3.08% and for units, it is 3.92%. It takes 74 days to sell a house and 69 days to sell a unit.
Free Real Estate Appraisal Bonbeach
Do you want a free appraisal on your Bonbeach property? We appraise units, land and houses on a regular basis. We know the region well and have sold over 80 properties in the last year. Our appraisers base the price on proximity to schools, shops and amenities. Also included is the current sales history. Our agency is located in the heart of Bonbeach.
Free Rental Appraisal Bonbeach
Our property managers currently handle the rental of over 3500 properties. We are experts in property management. We form a close relationship with the landlord and provide regular reports to build the confidence that your property is managed by a team of professionals. So, if you have an investment property you want to rent we will give you a free rental appraisal on the expected weekly rent return. Or, you may want to rent your current home? We will discuss all the details of the lease and dig into our large database of potential tenants to see if we can find an immediate fit.
Property Valuation Bonbeach
Are you aware there is a difference between a property valuation and a real estate appraisal? If for legal reasons you need your home valued then you must employ a registered valuer. There will be a fee attached to this service. If you want an appraisal then a licenced real estate agent can provide this service. We do appraisals for free.
Suburp Profile Bonbeach
Lifestyle in Bonbeach
The south eastern suburb of Bonbeach is located 36 kilometres from the central business district of Melbourne. As the names suggest Bonbeach borders Port Phillip. Carrum and Paterson Lakes are to the south. Chelsea and Chelsea Heights are to the north. The 2011 Census stated there were 5773 residents in Bonbeach. There is the Bonbeach railway station that operates on the Frankston line. Parallel to this is a number of shops along the Nepean Highway.
The Bonbeach Surf Lifesaving club provides free beach patrols in summer. Members enjoy training in surf patrol, ski boards, swimming and fitness sessions on the beach.
Schools in Bonbeach
There is 1 school in Bonbeach.
- Bonbeach Primary School Co-educational