Bonnyrigg, NSW

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Livability Index
97.8
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Population: 7978

House Growth Prediction (per annual): 25%, 1257th out of 5061

Unit Growth Prediction (per annual): 18%, 820th out of 2987

Keywords: Cheap House, High Population, High Population Density, Young, Workforce, Born Overseas, Diverse Language, Manufactoring, Unemployed, Large Household, Large Family

Basics

Bonnyrigg is a local community with population 7,978, and the population growth over the past decade is -10%. It has an average income $42,865.33 per annum. It has 22.6% of population who only speak English at home. Other top languages include Vietnamese, Khmer, Arabic, Cantonese, Lao. Unemployment rate in Bonnyrigg is 9.7% while people work as professionals is 13%. Bonnyrigg has 1 Coles stores and 0 Woolworth stores. Its population density is 1,619.77 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Bonnyrigg has Socio-Economic raw score 849.9 while the average score across Australia is 1000. Therefore, Bonnyrigg has disadvantage in terms of Socio-Economic measure. It obtains relative score 6 out of 100 across Australia, while relative score 5 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Bonnyrigg has a livability index 93.2, which is lower than average 100 across Australia. It ranks 5,594th out of 8,530 suburbs across Australia. Therefore, it is a suburb less livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 17.5% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Bonnyrigg has a higher than average growth expectation. It ranks 6,680th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Bonnyrigg is predicted to grow by 9.1% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Bonnyrigg has a higher than average growth. It ranks 3,668th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Bonnyrigg, which obtains score of 96.4 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Bonnyrigg, which obtains score of 89.4 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Bonnyrigg has a worse than average score, which is 36.4 out of 100. Similar to to primary school, secondary school has worse than average score, which is 41.5 out of 100.

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Bonnyrigg, NSW smart rating was calculated by GeoIndex Australia.

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