Investment property in Bongaree has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.27%
Bongaree,4507 was ranked 2987 in Australia by increase in median property value over the quarter.
The most recent median price for Bongaree is $395000, with sellers offering an average of -5.62% off the asking price.
Situated 45.50km from the CBD, Bongaree is one of Moreton Bay localities in the postcode 4507.
Property investors who have had real estate in Bongaree, 4507 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.64%
When looking at the potential capital gains offered to property investors over the last 3 years, Bongaree comes in at number 213th in QLD.
Property investors looking for a bargain in Bongaree should be aiming for at least -6.11% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1152 in a list of fastest selling suburbs, Bongaree is in the bottom 30% of suburbs in Australia with an average of days on market 99.92 for properties listed there.