Bondi Beach vs Wollstonecraft

The median house price is $4.6M in Bondi Beach and $4.8M in Wollstonecraft, so Bondi Beach is the cheaper entry point, with Wollstonecraft houses about 4% dearer.

On cash flow, Bondi Beach leads: houses there return a gross rental yield of 2.22%, compared with 1.42% in Wollstonecraft, a gap of 0.80 percentage points.

Over the past year house prices moved +3.4% in Bondi Beach and -1.3% in Wollstonecraft, so recent momentum favours Bondi Beach, while Wollstonecraft went backwards.

Looking back three years, Bondi Beach houses are +9.7% and Wollstonecraft houses +15.6%, so Wollstonecraft has compounded faster than Bondi Beach over the longer window.

Rental vacancy is 1.2% in Wollstonecraft and 2.8% in Bondi Beach, so landlords in Wollstonecraft face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Bondi Beach is the bigger suburb, with a population of 11,513 against 8,115, larger than Wollstonecraft; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bondi Beach for rental income, Bondi Beach for a lower purchase price, Bondi Beach for recent price momentum, Wollstonecraft for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.