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The suburb of Bondi is in the eastern suburb of Sydney, in the state of New South Wales, Australia. Bondi is located 7 kilometers east of the Sydney central business district. Bondi falls within the local government area of Waverley Council.
The suburb of Bondi is a mostly medium and high-density residential area centered on Bondi Road and Campbell Pde, where the main shopping strips are located. This is right by the infamous Bondi Beach.
Bondi Junction is a neighbouring suburb and commercial centre to the west of Bondi. Tamarama, Bronte and Waverley are situated to the south side of Bondi.
Property investors are usually looking for one or two bedroom art deco style apartments are always popular in Bondi, especially with parking. Comprising of a mix of both home buyers and investors they love the central location which appeals to many young professional couple tenants, particularly in the quieter tree-lined streets.
From art deco apartments, to 1960s and ‘70s apartments, through to modern units and federation houses.
The iconic Bondi Pavilion is one the main thoroughfares along with Bondi Baths built by Waverley Council in the late 1880s and became home to the Icebergs Club. The Westfield Group own the Westfield Bondi Junction. which was completed in August 2004 and has become one of the largest shopping complexes in the Sydney metropolitan area. It is known colloquially as “WBJ” and is touted by Westfield as a new experience in shopping, featuring exclusive brand-name fashion stores and a restaurant precinct, which is a first for shopping centers in Australia.
In the 1980s, following the completion of the Eastern Suburbs Railway, commercial development reached a peak with several office buildings built in the center of Bondi Junction. By the 1990s these were mostly displaced by residential developments.
The famous ‘Coastal Walk’ from Bronte to Bondi is approx. 4km long (however now also connects through to Coogee) plays host to the annual Sculpture by the Sea exhibition which attracts huge crowds.
Bondi Beach Public School resides directly opposite from the beach and hosts weekly Saturday & Sunday markets in the grounds. Along with a plethora of trendy cafes and retail stores, and pet friendly parks, Bondi is arguably the most popular of all the eastern beach suburbs.
The main local industries and businesses in Bondi are retail trade having over 9,000 local businesses.
A range of buses run from Bondi to neighbouring beach suburbs as well as to the City. Bondi is also reached from all areas of Sydney via train at Bondi Junction.
Bondi Road, Old South Head Road, Blair Street all lead into the main thoroughfare.
The best areas to buy in are from Blair St south to just before Bondi Road. These are the most sought after locations because of the close proximity to the beach. Hot streets include Blair, Sir Thomas Mitchell, Roscoe, Rickard, Francis, Curlewis, Warners and Brighton Blvd. All are popular because they are a short walk to the coffee, cake, water and park attractions.
Metropole’s Sydney Buyers Agent office is located just a 15 minute drive away from Bondi in Edgecliff. So when it comes to property investment in Bondi, no one knows it better than Metropole’s buyers agents.
Michael Yardney is one of the biggest names in property investment in Australia. He has written for just about every property magazine, newspaper and website in the country. He is also the owner of Metropole’s buyers agents in Melbourne, Sydney and Brisbane.