Investment property in Bonogin has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.78%
The five-year average increase in median property values for Bonogin,4213 has given property investors a potential capital gain of 27.68% across each of those five years.
Sellers are offering property buyers an average discount of -6.09% to buyers in Bonogin at the moment, which is less than average for the rest of QLD.
At number 1424 in a list of fastest selling suburbs, Bonogin is in the TOP 40% of suburbs in Australia with an average of days on market 71 for properties listed there.
A $695 per week rent on the median house gives suburb investors a gross yield of circa 4.85%, without taking into account capital value appreciation, which has been averaging out at 3.65%.
Across a shorter period, Bonogin, 4213 has seen a median price increase of 3.96% over the last quarter.
In the last year 17 properties changed hands in Bonogin, which puts it as the 327th most active market in QLD when comparing the number of sales per suburb.