PHOTO: Bondi has been one of NSW’s coronavirus hotspots. Images: Getty, NSW Health
NSW suburbs with the highest number of coronavirus cases may also be the worst-hit by a coronavirus-induced property downturn, if historical trends hold up.
Affluent local government areas including Waverley and Woollahra have been named NSW’s coronavirus hotspots in new data from NSW Health this week.
The Waverley local government area includes Bondi, Bronte, Vaucluse and Tamarama and is home to 105 of the state’s 1,405 confirmed Covid-19 cases. The median house price in the suburb of Waverley is $2.07 million, according to Realestate.com.au data, while the median house price in Bondi is $2.63 million.
The Sydney CBD has 69 cases and the northern beaches has 68 confirmed cases.
Fellow beachside region, Woollahra, has 66 confirmed cases, and includes suburbs like Double Bay, Paddington and Point Piper. Point Piper is considered one of Australia’s most expensive suburbs. There, the median unit price is $3.5 million.
The figures come after an outbreak among backpackers in Bondi – one of Australia’s most significant tourist hotspots. Bondi also drew angry reactions after large crowds were seen gathered on the iconic beach in recent days.
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