Bongaree has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.78% to date .
The five-year average increase in median property values for Bongaree,4507 has given property investors a potential capital gain of 2.44% across each of those five years.
Vendor discounting in Bongaree is giving property investors an average Vendor Discount of around -5.88%. This puts suburb at number 494th in QLD when ranking the most discounted suburbs.
With the median price for a house in Bongaree being $399500 and the advertised rent reaching $377.5 the gross rental yield for property investors calculates out to be 4.91%
With a capital gain of 0.80% for the last 12 months, Bongaree, 4507 has performed for property investments than its average annual 1.98% property growth over the last 5 years.
Comparing Bongaree,4507 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
At number 102th of QLD’s most discounted properties, Bongaree is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Bongaree the average time real estate has been on the market is 91.48 days.
Bongaree is 203th on a list of best yielding suburbs for rents in QLD with a 5.28% return