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Bondi

September 28th 2006 00:43
Today’s Better Know a Suburb, the tourist mecca that is Bondi. The famous beach, the land of local and international celebs, great restaurants and bars, nightlife, markets, shops and arterial public transport systems to the city.

Bondi, NSW (postcode: 2026)

Property Price Results for the last 12 months:

Houses:
Average Price $1,234,000
Median Price $1,065,000
Change: 3%

Apartments:
Average Price $548,000
Median Price $500,000
Change: -4%

Average prices are the sum of all the property sales results divided by the number of sales. The median price is the exact selling price of the middle most sales price when all the sales are ordered according to their value.


Statistics:

Local population: 30,456
Australian born: 57%
Greatest age demographic: 20–39 years (45%)
Typical resident: Single (never married), of Catholic denomination, living in an apartment, professionally employed in rented accommodation.

Go to Bondi Beach and you can spot just about every Australian beach cliché. The suburb is synonymous with the great Australian way of life, a laid-back, sun-loving lifestyle surround by magnificent coastline. Bondi is the uber trendy locale and one of Sydney's most expensive places to rent a house, buy a coffee or park a car. Real estate follows a similar trend as property prices and Council fees are above greater Sydney averages.

The public transport system serving Bondi and the local area is excellent due to the high tourist demand. Finding things to do in Bondi is not much of a challenge and there are plenty of activities for young and old. The arts council is continually hosting engaging events. Finding sporting events at a variety of levels for either viewing or participating is as much a part of the Bondi culture as are the top restaurants that line the busy streets. There are several highly regarded public and private schools to cater for educational needs and access to Sydney’s major universities and colleges is easy.

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