Property investors who have had real estate in Bongaree, 4507 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.33%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bongaree has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Bongaree is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 639th in terms of most discounted suburbs in QLD
Residents and property investors in Bongaree have been waiting around 57.57 days to sell a property.
Situated 45.53km from the CBD, Bongaree is one of Moreton Bay localities in the postcode 4507.
Property value increases in Bongaree have tracked just higher than the QLD average of 0.74% over the last 12 months.
While Bongaree,4507 ranked number 165th in QLD for increase in median house value (annualised) increase, it is ranked 152th over the last 5 years.
Bongaree4507 is located in QLD which offers an average discount of -6.08% to property investors. Bongaree itself is showing figures that indicate -5.81% is the average achievable by property buyers investing in the suburb.
Situated 45.33km from the CBD, Bongaree is one of Moreton Bay localities in the postcode 4507.