Bonnells Bay, NSW

FAIR VALUE

3,979 sales · 36 years of data · NSW, Australia

$868,000
Median (All)
$875,800
Median (Houses)
$655,000
Median (Apartments)
10.9%
10yr CAGR
6.6%
36yr CAGR
3.0%
Strata %
36 years of data · 3,979 sales analysed · 2,500+ suburbs · Updated weekly

Bonnells Bay, NSW Property Market Overview

Bonnells Bay, NSW, 2264, is a lakeside suburb located in the Lake Macquarie region, offering a blend of residential living and recreational activities. With a substantial history of property transactions, AusPropertyInsights.app has recorded 3,979 total sales in Bonnells Bay over the past 36 years. The current median property price for all types of dwellings in Bonnells Bay is $868,000.

Houses in Bonnells Bay command a median price of $875,800, while apartments sit at a median of $655,000. The suburb's long-term growth is reflected in its Capital Annual Growth Rate (CAGR), providing insights into its historical performance. Bonnells Bay is known for its proximity to Lake Macquarie, attracting residents who enjoy water sports and outdoor lifestyles.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $1,406,972
Based on the 10-year compound annual growth rate of 10.9%
Predominantly houses3% apartments
97% of sales are houses and other non-strata properties
Loading chart...

Property Mix

97%
Houses 97%$875,800Apartments 3%$655,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Bonnells Bay

Street Rankings

Top streets in Bonnells Bay, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Riesling RdHouse5$747,000
2Amos StHouse7$775,000
3Station StHouse18$862,500
4Grand PdeHouse11$935,000

... and 66 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Loftus StHouse12$1,622/m²
2Harbord StApartment5$3,853/m²
3Wood StHouse6$1,780/m²
4Grand PdeHouse11$1,601/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Loftus StHouse+6.8%
2Kane RdHouse+6.8%
3Stan CresHouse+14.9%
4Regent StHouse+8.3%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

70
apartment buildings analysed
#AddressSalesMedian$/m²
126 Harbord St5$655,000$3,853/m²
21 Wood St6$608,500$3,530/m²

... and 66 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

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Risk Indicator

Settlement times & problem streets

52
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

3%
apartments across 70 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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70 streets and 70 buildings to explore

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3 street rankings
All 70 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
70 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 3,979 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Bonnells Bay at a Glance

Region
Lake Macquarie
CBD Distance
90km north of Sydney CBD
Train Station
Morisset Station (Central Coast & Newcastle Line)
Council
Lake Macquarie City Council
Property Character
Established residential with low-density housing
Community
Families and retirees seeking a lakeside lifestyle

Bonnells Bay, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Bonnells Bay, NSW

Bonnells Bay offers a relaxed lakeside lifestyle, attracting residents who appreciate outdoor activities and a sense of community. The suburb is situated on the shores of Lake Macquarie, providing opportunities for boating, fishing, and water sports. Local schools include Bonnells Bay Public School, catering to young families in the area.

Residents of Bonnells Bay enjoy access to nearby shopping centres such as Lake Haven Shopping Centre, providing retail and essential services. Parks and reserves offer green spaces for recreation and relaxation. The suburb's character is defined by its proximity to the lake and its family-friendly atmosphere. Bonnells Bay is generally considered a quiet and safe suburb.

The vibe in Bonnells Bay is laid-back and community-oriented. Regular local events and activities foster a strong sense of belonging among residents. The suburb's location within the Lake Macquarie region enhances its appeal for those seeking a coastal lifestyle within reach of larger urban centres. While there isn't a direct train station in Bonnells Bay, nearby stations such as Morisset provide convenient access to the broader rail network.


Who Buys in Bonnells Bay?

Bonnells Bay typically attracts families, retirees, and those seeking a relaxed lakeside lifestyle. The median house price of $875,800 appeals to established families looking for spacious homes. The relatively low strata percentage of 3.0% indicates a preference for houses over apartments in Bonnells Bay.

The historical growth rates, with a 10-year CAGR of 10.9%, may attract investors seeking long-term capital appreciation. However, the suburb's primary appeal remains its lifestyle benefits and community atmosphere. The median apartment price of $655,000 might appeal to first-home buyers or downsizers looking for more affordable options in Bonnells Bay.

Market Analysis

Currently, the Bonnells Bay property market is assessed to be near its long-term trend, suggesting fair value. This indicates that property prices in Bonnells Bay are neither significantly overvalued nor undervalued relative to their historical performance. The market cycle position reflects a balance between supply and demand, influenced by factors such as interest rates, economic conditions, and local development.

For potential buyers and sellers in Bonnells Bay, understanding the cycle position is crucial for making informed decisions. A market at fair value suggests that price fluctuations may be more moderate compared to periods of rapid growth or decline. However, local market dynamics and individual property characteristics can still influence transaction outcomes in Bonnells Bay.


Is Bonnells Bay a Good Investment?

Bonnells Bay's historical growth patterns suggest a consistent appreciation in property values over the long term. The full-period CAGR of 6.6% indicates a solid track record, while the 10-year CAGR of 10.9% reflects more recent strong performance. These figures, combined with its lakeside location, contribute to its appeal as a residential area.

The current market cycle position of Bonnells Bay being near its long-term trend (fair value) suggests that property prices are currently aligned with their historical performance. This indicates a stable market environment. The relatively high proportion of houses compared to apartments in Bonnells Bay influences its investment dynamics, catering to a particular segment of the market. Bonnells Bay offers a mix of lifestyle and potential capital growth opportunities.


Bonnells Bay Market Outlook

As of early 2026, the Bonnells Bay property market is assessed to be near its long-term trend, indicating fair value. Recent price trends have shown moderate stability, reflecting balanced market conditions. Property values in Bonnells Bay are influenced by factors such as interest rates, economic conditions, and local development projects.

Potential buyers and sellers in Bonnells Bay should monitor market indicators and consult with local real estate professionals for the most up-to-date information. The suburb's lakeside location and community atmosphere continue to contribute to its appeal. As of early 2026, Bonnells Bay presents a stable property market environment.

Streets & Location in Bonnells Bay, NSW

Bonnells Bay is located on the western shores of Lake Macquarie, offering residents access to waterfront living and recreational activities. The suburb is characterised by its residential streets and proximity to natural amenities. According to our data, top streets in Bonnells Bay by median price include MADDIE ST, WAIKIKI RD, and MORRIS CRES.

Bonnells Bay, postcode 2264, comprises a total of 70 streets, contributing to its residential landscape. The suburb's location within the Lake Macquarie region enhances its appeal for those seeking a relaxed lifestyle within reach of larger urban centres.

Market Dynamics

The average settlement timeframe for properties in Bonnells Bay is approximately 52 days, indicating a relatively standard transaction process. This timeframe reflects the typical due diligence and conveyancing procedures involved in property sales within the suburb. AusPropertyInsights.app does not currently register significant quick-flip activity in Bonnells Bay.

Transaction patterns in Bonnells Bay are influenced by factors such as local market sentiment, interest rates, and the availability of properties. Analysing settlement days provides insights into the efficiency and liquidity of the property market in Bonnells Bay.

Development & Density

Bonnells Bay has a moderate development density, with a mix of houses and apartments. The suburb features approximately 70 apartment buildings, representing a smaller proportion of the overall housing stock compared to detached houses. This suggests a predominantly low-to-medium density residential environment in Bonnells Bay.

The development density in Bonnells Bay contributes to its character and lifestyle. The prevalence of houses provides a suburban feel, while the presence of apartments offers alternative housing options. This balance caters to a variety of residents and preferences within Bonnells Bay.

Growth & Property Mix

Bonnells Bay has demonstrated consistent growth over the long term. The 10-year CAGR stands at 10.9%, reflecting strong recent growth. Looking further back, the 20-year CAGR is 5.1%, while the full-period CAGR over 36 years is 6.6%. These figures provide a historical perspective on property value appreciation in Bonnells Bay.

The property mix in Bonnells Bay leans heavily towards houses, with apartments representing a smaller portion of the market. This composition influences overall median prices and investment strategies within the suburb.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Bonnells Bay, NSW

What is the median property price in Bonnells Bay?
The current median property price for all dwelling types in Bonnells Bay is $868,000. For houses, the median price is $875,800, while apartments have a median price of $655,000.
Is Bonnells Bay overvalued or undervalued?
According to our analysis, the Bonnells Bay property market is currently near its long-term trend, which indicates fair value. This suggests that property prices are neither significantly overvalued nor undervalued at this time.
How has the Bonnells Bay property market performed over 10 years?
Over the past 10 years, the Bonnells Bay property market has experienced strong growth, with a Capital Annual Growth Rate (CAGR) of 10.9%. This reflects significant appreciation in property values during this period.
What percentage of Bonnells Bay is apartments vs houses?
Apartments represent a smaller portion of the housing stock in Bonnells Bay, with a strata percentage of 3.0%. This indicates that the majority of properties in the suburb are houses.
Where is Bonnells Bay in the property cycle?
Bonnells Bay is currently assessed to be near its long-term trend in the property cycle. This suggests the market is in a state of equilibrium, reflecting neither significant overvaluation nor undervaluation.
What schools are near Bonnells Bay?
Bonnells Bay Public School is located within the suburb, catering to primary school students. Nearby secondary schools include Morisset High School and Lake Macquarie High School.
What is Bonnells Bay like to live in?
Bonnells Bay offers a relaxed lakeside lifestyle with a strong sense of community. Residents enjoy access to Lake Macquarie for water activities, as well as parks and local shops.
Is Bonnells Bay good for families?
Bonnells Bay is generally considered a good suburb for families, offering access to schools, parks, and a safe environment. The prevalence of houses also caters to families seeking spacious living.
How far is Bonnells Bay from Sydney CBD?
Bonnells Bay is approximately 90 kilometres north of the Sydney CBD. The journey typically takes around 1.5 to 2 hours by car, depending on traffic conditions.
What transport options are in Bonnells Bay?
While Bonnells Bay itself doesn't have a train station, Morisset Station on the Central Coast & Newcastle Line is nearby, providing rail access to Sydney and Newcastle. Bus services also operate within the suburb, connecting residents to surrounding areas.
How does Bonnells Bay compare to nearby suburbs?
Compared to nearby suburbs like Morisset and Lake Haven, Bonnells Bay offers a similar lakeside lifestyle but may have slightly higher median property prices due to its prime waterfront location and larger block sizes.
Is Bonnells Bay a good first home buyer suburb?
With a median apartment price of $655,000, Bonnells Bay could be an option for first-home buyers. However, the majority of properties are houses, which have a higher median price of $875,800.
What are the best streets in Bonnells Bay?
Based on median prices, some of the top streets in Bonnells Bay include MADDIE ST, WAIKIKI RD, and MORRIS CRES. These streets may offer desirable locations or property characteristics.
How many properties have been sold in Bonnells Bay?
Over the past 36 years, there have been a total of 3,979 recorded property sales in Bonnells Bay, according to our data.
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