AREA REPORTS

Bongaree

 

 

QLD/
Bongaree

Suburb Profile

Bongaree - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4507

house
unit

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $460,000.

The upward trend in home prices in BONGAREE, 4507 averaged 3.61% per annum over a 3-year period.

Average weekly rents on listings have reached the $415 mark, reflecting a 4.69% increase in returns based on the current median price in BONGAREE.

An average of 11.5 real estate transactions take place per month in BONGAREE which translates to 138 per annum.

138 properties were sold in BONGAREE in 2016, making it the 742nd most active market in QLD based on total real estate transactions.

BONGAREE, 4507 places 653rd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $460,000 $331,500
GROWTH REPORT
Median Quarterly -2.66% 0%
Median 12 month 1.1% 3.11%
Median 3 years 10.84% 4.41%
Median 5 years 21.45% 16.32%
10 years average annual 2.12% 1.22%
Weekly media advert. rent $415 $335
Time on Market 56.2 days 81.6 days
Gross Rental Yield Percent 4.69% 5.25%
demographics (median values)
Total Population
6414
Weekly Household Income
555.8
Household Size
2.00
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Tradie

Dodgy ‘roof repairing’ conmen exploiting property owners

The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...

Aerial shot of suburbs

Property tax changes tipped to impact rental costs

Research from one of Australia’s largest housing building associations has modelled the impact of capital gains tax (CGT) and negative ge...

Quick tips for increasing borrowing power

Investors have no doubt found it difficult to navigate the lending landscape at the moment, so one broker shares a tip on how investors can ...

‘Cosmetically challenged properties’ offer opportunities to Sydney investors

Despite the softening of the Sydney property market, experts believe that the capital city continues to hold wealth-creation opportunities f...

Canberra

Canberra deemed Australia’s most liveable city by Australians

A new report has found that despite Melbourne’s history of being known as the world’s most liveable city for numerous years, Australia...

NSW

The policies impacting property in the NSW state election

Property policies are a headline issue for the NSW state election, with voters going to the polls this weekend. Smart Property Investment ha...