Market commentary · Jan–Jun 2026

Bondi Junction apartments in 2026. The market before the cranes arrive.

The Junction’s apartment market is the engine room of housing in the Eastern Suburbs. It is about to be reshaped by the largest supply pipeline the suburb has seen in twenty years. Here is where it sits today.

By Alan Weiss · Weiss Real Estate · Licence 218396

19Apartment sales
$2.10mMedian sale
$6.63mTop sale, Oxford St
$47.8mCombined value

The first half

The first half, read plainly.

Across the first six months of 2026, nineteen apartments sold in Bondi Junction at the figures recorded below, for a combined $47.8 million. Unlike the suburb’s thin house market, this is where the depth is, and where most buyers actually transact. The median sale was $2.095 million. The average was pulled up to roughly $2.52 million by a small number of large-format results at the top.

The shape is familiar. One standout, a three-bedroom residence at 568 Oxford Street, led the field at $6.625 million, well clear of the next sale. Beneath it the market is broad and active, with most demand sitting between the high one-millions and the high two-millions. Scale and quality command the premium. Smaller stock trades briskly to investors and first-home buyers.

Apartment towers above the Westfield podium and interchange, with new supply on the way.

What the numbers say

An objective view.

The record shows a deep, functioning market, not a frenzied one. Large two and three-bedroom apartments, with proper proportions, secure parking and outlook, consistently draw local downsizers and professionals who want to walk to Westfield, the interchange and Centennial Park. Renovated one and two-bedroom stock keeps clearing quickly to investors and first-home buyers. Demand is layered across buyer types. That is what keeps the market steady.

i

Scale sets the top

The premium end is held by large, well-finished apartments. The $6.625m Oxford Street result, and a cluster of three-bedders on Spring and Oxford Streets above $3m, show buyers will pay house money for the right apartment.

ii

Depth, not frenzy

Nineteen sales in six months, from $1.65m to $6.625m. This is the Eastern Suburbs’ true apartment engine room. Broad, liquid, and far deeper than the local house market.

iii

Quality over newness

With defect concerns dogging some newer NSW stock, established buildings with proven build quality, parking and aspect are increasingly favoured, especially by selective downsizers.

What’s coming

The new-supply picture.

The most important context for any Bondi Junction apartment owner sits in the planning system. In May 2026, Waverley Council put its draft Bondi Junction Master Plan on public exhibition. It’s the first blueprint of its scale here in two decades.

3,000new homes proposed
10%affordable
9,000m²new public space
10,000m²community infrastructure
2,400dwellings targeted by 2029

The plan also proposes a revitalised Oxford Street Mall, an upgraded station entrance and a parkline connecting Centennial Park to Waverley Park. The 2029 target sits under the National Housing Accord. Alongside it, a wave of private development is already moving through approvals:

  • An eight-storey residential flat building with affordable housing at Bondi Road and Old South Head Road.
  • The sixteen-storey Cassa Blanka mixed-use tower, exhibited in early 2025.
  • A major rezoning at 34–36 Flood Street, signalling higher-density potential.
  • A $946,400 voluntary planning agreement linked to 96–104 Ebley Street.

The centre itself is evolving too. Scentre Group’s next stage of Westfield Bondi Junction adds a new Level 6 precinct, a refurbished Event Cinemas reopening late 2026, an expanded dining precinct and a global-first Virgin Active wellness club.

For owners, the read is nuanced. More supply gives buyers more choice over time. But the same investment lifts the precinct around existing apartments. The likely winners are established buildings with quality, parking and outlook that can’t easily be replicated, and that sidestep the build-quality questions hanging over some new towers.

As ever in the Junction, two apartments with the same bedroom count can perform very differently once aspect, floor level, building reputation and parking are weighed.

The ledger

The 2026 apartment sales.

Recorded Bondi Junction apartment sales, January to June 2026, grouped by price band. Bedroom, bathroom and parking detail is from the sale record. Where a sale sits in a building Alan has studied, the tag links to the full analysis.

Prestige $3.5m and above

2 sales
01

1701/568 Oxford Street

3 bed · 2 bath · 2 car · Apr 2026

Oxford Street
$6,625,000
02

2505/71-85 Spring Street

3 bed · 2 bath · 1 car · Feb 2026

Eastgate Gardens
$3,500,000

Premium $2.5m – $3.5m

5 sales
03

1/5-7 Waverley Crescent

3 bed · 3 bath · 2 car · Feb 2026

Aira
$3,400,000
04

2005/241 Oxford Street

3 bed · 2 bath · 2 car · Mar 2026

Oxford Street
$3,380,000
05

1903/71-85 Spring Street

3 bed · 1 car · Apr 2026

Eastgate Gardens
$2,750,000
06

2009/71-85 Spring Street

3 bed · 2 bath · 1 car · Apr 2026

Eastgate Gardens
$2,740,000
07

41/79 Grafton Street

2 car · Apr 2026

Seapoint
$2,600,000

Established $2m – $2.5m

4 sales
08

1808/71-85 Spring Street

2 bed · 2 bath · 2 car · Apr 2026

Eastgate Gardens
$2,395,000
09

1/110 Bronte Road

Jan 2026

$2,300,000
10

53/257 Oxford Street

3 bed · 2 bath · 3 car · Jan 2026

Oxford Street
$2,095,000
11

115/18-34 Waverley Street

2 bed · 2 bath · 1 car · Mar 2026

The Oscar
$2,000,000

Entry to mid below $2m

8 sales
12

2/2 Allens Parade

2 bed · 1 bath · Feb 2026

$1,915,000
13

5/2 Allens Parade

2 bed · 1 bath · Feb 2026

$1,915,000
14

1101/253 Oxford Street

2 bed · 2 bath · 1 car · Mar 2026

Oxford Street
$1,770,000
15

1/27 Allens Parade

2 bed · 1 bath · 1 car · Jan 2026

$1,720,000
16

1/4 Gardiner Street

3 bed · 1 bath · 1 car · Mar 2026

$1,700,000
17

902/300 Oxford Street

2 bed · 2 bath · Feb 2026

Oxford Street
$1,700,000
18

38/81 Grafton Street

2 bed · 1 car · Apr 2026

Seapoint
$1,650,000
19

902/81 Grafton Street

2 bed · 2 bath · Apr 2026

Seapoint
$1,650,000

Explore Bondi Junction

Browse by building & street.

Alan’s building studies and street guides. Real sales results, how each address trades, and what the numbers say about value.

Building studies

71–85 Spring Street Eastgate Gardens One hundred and eight recorded sales across nineteen floors. What height is really worth. 4 sales this halfRead the study 2A Hollywood Ave & 18–34 Waverley St The Oscar Meriton, 1995. Two towers, twenty-one levels, one strata plan and a sixfold price range. 1 sale this halfRead the study 1 Adelaide Street Eclipse Opposite Westfield. Thirty-three recorded sales and what twenty-five years has proved. Building studyRead the study 5–7 Waverley Crescent Aira Nine whole-floor residences opposite parkland. Houses in the sky. 1 sale this halfRead the study 79–81 Grafton Street Seapoint Mirvac, above the Eastgate precinct. The benchmark for build quality. 3 sales this halfRead the study

Street guides

Looking at houses rather than apartments? Bondi Junction’s freestanding homes and terraces are a thinner, tightly held market.

Bondi Junction houses

Methodology. Figures are drawn from recorded apartment sales in Bondi Junction (postcode 2022) settled between January and June 2026; one December 2025 sale in the source data was excluded to keep to the stated period. Bedroom, bathroom and parking detail is taken from the sale record; where a figure is not shown, it was not disclosed. Median and combined figures are calculated across the dataset. Master Plan, development-pipeline and Westfield details reflect Waverley Council and Scentre Group announcements current to May 2026. Sales data is indicative, not a valuation. Past results are not a guarantee of future outcomes.