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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 $487,000.

The upward trend in home prices in BONGAREE, 4507 averaged 2.34% per annum over a 3-year period.

Average weekly rents on listings have reached the $400 mark, reflecting a 4.27% increase in returns based on the current median price in BONGAREE.

An average of 12.92 real estate transactions take place per month in BONGAREE which translates to 155 per annum.

155 properties were sold in BONGAREE in 2016, making it the 703rd most active market in QLD based on total real estate transactions.

BONGAREE, 4507 places 523rd 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 $487,000 $346,000
GROWTH REPORT
Median Quarterly 1.14% 0.29%
Median 12 month 4.73% 8.13%
Median 3 years 7.03% 9.84%
Median 5 years 19.07% 8.13%
10 years average annual 1.74% 0.19%
Weekly media advert. rent $400 $350
Time on Market 88.3 days 98.9 days
Gross Rental Yield Percent 4.27% 5.26%
demographics (median values)
Total Population
6414
Weekly Household Income
555.8
Household Size
2.00
demographics
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