Over the last year, property investments in Bonogin, 4213 have given investors a capital gain of 12.03%. This compares very favourably with the 1.88% for QLD as a whole.
While Bonogin,4213 ranked number 230th in QLD for increase in median house value (annualised) increase, it is ranked 150th over the last 5 years.
Property buyers and investors in Bonogin 4213 should be seeing an average reduction in asking price of around -6.66% . This means that Bonogin is holding prices well when compared to other suburbs in QLD.
At number 1013 in a list of fastest selling suburbs, Bonogin is in the TOP 30% of suburbs in Australia with an average of days on market 63.63 for properties listed there.
Using the current median advertised rental of $677.5 and the average annual increase in value of a median property of 4.12%, investors should hope to achieve an overall return of 4.73%