If you compare the increase in value of investment property in Bonogin, 4213 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.41%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bonogin has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Bonogin should be aiming for at least -6.68% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Bonogin being $750000 and the advertised rent reaching $682.5 the gross rental yield for property investors calculates out to be 4.73%
The QLD suburb of Bonogin, 4213 is in the Gold Coast local government area.