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Bonogin

POSTAL CODE: QLD, 4213
HOUSE

Property investments in BONOGIN did not fare well against the rest of the country last year, registering a median home price decrease of 0.89%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains BONOGIN, 4213 saw average growth in the long term.

Real estate investors could earn a rental income of $1350 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 63.7 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,700,000.

BONOGIN ranks 251st on the list of best yielding suburbs for rental properties in QLD, posting a 4.13% return.

Surburb overview

Bonogin is a rural hinterland community in the Gold Coast, Queensland, Australia. Situated approximately 20.3 kilometres southwest of Surfers Paradise and about 89.6 kilometres south-southeast of Brisbane, Bonogin offers a serene environment characterised by lush landscapes and proximity to natural reserves.

Covering an area of approximately 38.7 square kilometres, Bonogin boasts 21 parks, accounting for nearly 25.3% of its total area. As of the 2016 census, the suburb had a population of 4,579, reflecting a 9.5% increase from 2011. The predominant age group is 40-49, indicating a mature community.

European settlement in Bonogin commenced in the 1870s. Early industries focused on timber cutting and dairying, followed by banana cultivation. The name "Bonogin" is not definitively known, but it is speculated to be derived from the Aboriginal word "Boonoo," meaning red bloodwood.

While Bonogin maintains its rural charm, it is conveniently located near urban amenities. The suburb is approximately a 15-20 minute drive from the golden beaches of southeast Queensland. Residents enjoy a peaceful lifestyle amidst natural surroundings, with easy access to the bustling hubs of Robina and Mudgeeraba, which offer shopping centres, schools, and medical facilities.

There are no schools within Bonogin itself. The nearest government primary schools are Mudgeeraba Creek State School and Clover Hill State School, located in the neighbouring suburb of Mudgeeraba to the north. The closest government secondary school is Robina State High School in Robina.

Bonogin's property market reflects its desirability as a semi-rural retreat close to urban centres. As of recent data, the median sold price for houses over the last year is $1,752,500. The area predominantly consists of owner-occupied properties, with households primarily composed of couples with children.

Residents often highlight Bonogin's tranquil environment, natural beauty, and proximity to essential services. The suburb is praised for its peaceful atmosphere, making it an ideal place for families and professionals seeking a retreat from the hustle and bustle of city life. 

Bonogin offers a unique blend of rural serenity and convenient access to urban amenities, making it a sought-after location for those seeking a balanced lifestyle on the Gold Coast.

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