Bongaree has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -5.61% to date .
Comparing Bongaree,4507 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Bongaree, 4507 is offering QLD ‘s 542th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
Advertised rents are around the $382.5 mark per week – giving a return of 5.14% based on the median price in Suburb
Bongaree, 4507 ranked 306th in QLD when comparing growth in median property values or capital gain over the last 12 months. Bongaree is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bongaree has fallen somewhat when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bongaree, 4507. Typically our figures indicate that -6.12% is being offered, which puts this QLD suburb at 455th most discounted overall in Australia.
On average over the past year, suburb has had 7.75 sales per month, which equates to 93 per year.
Bongaree, 4507’s gross rental yield is 5.58%