Bondi Junction - Waverly

Population growth drivers in Bondi Junction - Waverly are slightly above average based on AreaSearch's ranking of recent, and medium term trends

Bondi Junction - Waverly's population is around 19,198 as of November 2025. This reflects an increase of 1,478 people since the 2021 Census, which reported a population of 17,720 people. The change is inferred from the estimated resident population of 18,893 in June 2024 and an additional 589 validated new addresses since the Census date. This level of population equates to a density ratio of 7,618 persons per square kilometer, which ranks Bondi Junction - Waverly in the top 10% of national locations assessed by AreaSearch. The area's population growth of 8.3% since the 2021 Census exceeded both the SA3 area (5.5%) and the state average, positioning it as a growth leader in the region. Overseas migration contributed approximately 89.2% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections, released in 2022 with 2021 as the base year. Growth rates by age group are applied to all areas for years 2032 to 2041. Based on projected demographic shifts, Bondi Junction - Waverly is expected to have above median population growth nationally, with a projected increase of 3,208 persons to 2041, reflecting a total increase of 15.1% over the 17 years.

AreaSearch assessment of residential approval activity sees Bondi Junction - Waverly among the top 30% of areas assessed nationwide

Bondi Junction-Waverly averaged approximately 105 new dwelling approvals annually over the past five financial years, totalling 527 homes. As of FY-26, two approvals have been recorded. On average, one person has moved to the area per year for each dwelling built between FY-21 and FY-25, indicating balanced supply and demand with stable market conditions. The average construction value of new properties is $691,000, suggesting a focus on premium developments.

In FY-26, commercial approvals totalling $59.7 million have been registered, demonstrating strong commercial development momentum. Compared to Greater Sydney, Bondi Junction-Waverly exhibits 100.0% higher development activity per capita, offering buyers more choice. New developments consist of 3.0% detached dwellings and 97.0% attached dwellings, promoting higher-density living and affordability for downsizers, investors, and first-home buyers. With approximately 762 people per approval, Bondi Junction-Waverly is considered a mature, established area. By 2041, the area is projected to grow by 2,903 residents, with current construction rates expected to meet future demand, maintaining steady market conditions without excessive price pressure.

Looking ahead, Bondi Junction - Waverly is expected to grow by 2,903 residents through to 2041 (from the latest AreaSearch quarterly estimate). Present construction rates appear balanced with future demand, fostering steady market conditions without excessive price pressure.

Bondi Junction - Waverly has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Twenty-four projects have been identified by AreaSearch as potentially impacting the area, with key ones including Mixed-Use Development with Affordable Housing at 362-384 Oxford Street, Bondi Junction; Origami Bondi Junction; Signature (362-384 Oxford Street) Build-to-Rent Precinct; and Bondi Junction Vision and Master Plan. The following list details those likely to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

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The employment environment in Bondi Junction - Waverly shows above-average strength when compared nationally

Bondi Junction - Waverly has a highly educated workforce, with the technology sector prominent. The unemployment rate was 3.5% in September 2025, below Greater Sydney's 4.2%.

Employment growth over the past year was estimated at 3.1%. As of that date, 11,968 residents were employed, with a workforce participation rate of 65.5%, higher than Greater Sydney's 60.0%. Major employment sectors include professional & technical, finance & insurance, and health care & social assistance. The area specializes in professional & technical jobs, with an employment share 1.6 times the regional level.

Retail trade is under-represented, at 6.1% compared to Greater Sydney's 9.3%. The worker-to-resident ratio was 0.8 as of the Census. Over a 12-month period ending September 2025, employment increased by 3.1%, labour force by 3.2%, and unemployment rose by 0.1 percentage points. In comparison, Greater Sydney recorded employment growth of 2.1%. State-level data to 25-Nov-25 shows NSW employment contracted by 0.03% (losing 2,260 jobs), with an unemployment rate of 3.9%, lower than the national rate of 4.3%. National employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Bondi Junction - Waverly's employment mix suggests local employment should increase by 7.5% over five years and 14.8% over ten years, though this is a simplified extrapolation for illustrative purposes.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

The Bondi Junction - Waverly SA2 had a median taxpayer income of $70,155 and an average income of $130,666 in the financial year 2022, according to postcode level ATO data aggregated by AreaSearch. Nationally, this is exceptionally high, contrasting with Greater Sydney's median income of $56,994 and average income of $80,856. As of September 2025, current estimates based on Wage Price Index growth of 12.61% would be approximately $79,002 (median) and $147,143 (average). In the 2021 Census, household, family, and personal incomes in Bondi Junction - Waverly ranked highly nationally, between the 91st and 95th percentiles. Distribution data showed that the largest segment comprised 33.6% earning $4,000+ weekly (6,450 residents), differing from regional patterns where $1,500 - $2,999 dominated with 30.9%. Economic strength was evident through 45.1% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. High housing costs consumed 20.0% of income, but strong earnings still placed disposable income at the 88th percentile nationally. The area's SEIFA income ranking placed it in the 10th decile.

Bondi Junction - Waverly features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

The dwelling structure in Bondi Junction-Waverly, as per the latest Census, consisted of 13.0% houses and 87.0% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Sydney metropolitan's 18.3% houses and 81.8% other dwellings. The home ownership level in Bondi Junction-Waverly was 27.1%, with mortgaged dwellings at 24.1% and rented ones at 48.8%. The median monthly mortgage repayment in the area was $3,500, lower than Sydney metropolitan's average of $3,600. The median weekly rent figure was $652, compared to Sydney metropolitan's $670. Nationally, Bondi Junction-Waverly's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Bondi Junction - Waverly features high concentrations of group households and lone person households, with a fairly typical median household size

Family households account for 60.2 percent of all households, including 24.5 percent couples with children, 27.4 percent couples without children, and 7.3 percent single parent families. Non-family households make up the remaining 39.8 percent, with lone person households at 32.0 percent and group households comprising 7.9 percent of the total. The median household size is 2.3 people, which matches the Greater Sydney average.

Bondi Junction - Waverly demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Educational attainment in Bondi Junction-Waverly shows 58.6% of residents aged 15+ have university qualifications, exceeding Australia's 30.4% and NSW's 32.2%. Bachelor degrees are most common at 39.4%, followed by postgraduate qualifications (15.9%) and graduate diplomas (3.3%). Vocational pathways account for 21.0%, with advanced diplomas at 10.1% and certificates at 10.9%. Educational participation is high, with 30.6% currently enrolled in formal education: 8.6% in primary, 6.9% in secondary, and 6.8% in tertiary education.

Educational participation is notably high, with 30.6% of residents currently enrolled in formal education. This includes 8.6% in primary education, 6.9% in secondary education, and 6.8% pursuing tertiary education.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis of public transportation in Bondi Junction - Waverly shows that there are currently 87 active transport stops operating in the area. These stops offer a mix of train and bus services. They are serviced by 84 individual routes which collectively provide 16,353 weekly passenger trips.

The accessibility to these transport stops is rated as excellent with residents typically located approximately 112 meters from the nearest stop. On average, there are 2,336 trips per day across all routes, equating to about 187 weekly trips per individual stop.

Bondi Junction - Waverly's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions

Bondi Junction-Waverly's health outcomes show exceptional results, notably in younger cohorts with low prevalence rates for common conditions. Approximately 81% of its total population of 15,588 has private health cover, higher than Greater Sydney's 89.7%, but lower than the national average of 55.3%. Asthma and mental health issues are the most prevalent conditions, affecting 5.9% each of residents.

76.9% report no medical ailments, slightly below Greater Sydney's 77.6%. The area has a higher proportion of seniors aged 65 and over at 15.7%, or 3,004 people. Health outcomes among seniors require more attention than the broader population.

Bondi Junction - Waverly was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Bondi Junction-Waverley has high cultural diversity, with 25.3% speaking a language other than English at home and 46.6% born overseas. The primary religion is Christianity, making up 40.3%. Judaism is overrepresented at 11.0%, lower than the Greater Sydney average of 16.0%.

Top ancestry groups are English (23.2%), Australian (15.5%), and Other (15.1%). Notably, Russian (1.7%) and French (1.6%) are overrepresented compared to regional averages.

Bondi Junction - Waverly's population is slightly younger than the national pattern

Bondi Junction-Waverley's median age in 2021 was 36 years, nearly matching Greater Sydney's average of 37 and slightly below Australia's median of 38. Compared to Greater Sydney, Bondi Junction-Waverley had a higher proportion of residents aged 25-34 (21.5%) but fewer residents aged 5-14 (9.2%). This concentration of 25-34 year-olds was significantly higher than the national average of 14.5%. Between the 2016 and 2021 censuses, the proportion of residents aged 15 to 24 increased from 9.0% to 11.5%, while the proportion of those aged 5 to 14 decreased from 9.9% to 9.2%. By 2041, demographic projections suggest significant changes in Bondi Junction-Waverley's age profile. The 45-54 cohort is projected to grow by 23%, adding 551 residents to reach a total of 2,930. Meanwhile, the 0-4 cohort is projected to grow by just 1%, with an increase of 12 people.