Suburb Profile Report for Bongaree QLD (4507)

Bongaree House: Median price $398,000, Annual capital growth 1.87%, Number of sales 116, Weekly median advertised rent $388

Bongaree Unit: Median price $320,000, Annual capital growth 2.36%, Number of sales 95, Weekly median advertised rent $330

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Bongaree is in the bottom 30% in QLD when comparing median price capital growth over the last year. Bongaree gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.73%.

Taking the average capital gain, or increase in median house value, Bongaree,4507 has racked up an average of -1.73% over the period. This ranks it number 3149th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Bongaree 4507 should be seeing an average reduction in asking price of around -5.14% . This means that Bongaree is holding prices well when compared to other suburbs in QLD.

Residents and property investors in Bongaree have been waiting around 62.79 days to sell a property.

Property investors should expect to get $387.5 weekly from the median priced house in this suburb.

Giving property investors a an average capital gain of 3.64% for the last year, Bongaree, 4507 is the 790th highest performer in Australia in this respect.

A 3.73% growth in median value for property investors in Bongaree,4507 puts this suburb at number 47th in terms of best performing suburbs in QLD

Bongaree, 4507 is offering QLD ‘s 128th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.

Metrics i HOUSE UNIT
$398,000 $320,000
2.05% 3.23%
-1.73% 3.64%
1.87% 2.36%
$388 $330
116 95
5.06% 5.36%
62.79 99.1

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 6523
Median household income ($/weekly) 666
Median age of persons 62
Median housing loan repayment ($/monthly) 1601
Average household size 1.9
  • Census Count Percent(%)
    35-44 years 516 7.9
    45-54 years 660 10.1
    55-64 years 1088 16.7
    65-74 years 1442 22.1
    75-84 years 1050 16.1
    Others 1768 27.1
    Age Group
    Census Count Percent(%)
    Registered Married 2706 52.4
    Not Married 2088 40.4
    Defacto Relationship 369 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4826 79.8
    New Zealand 59 1.0
    Papua New Guinea 270 4.5
    United Kingdom 566 9.4
    Other 105 1.7
    Others 220 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.0
    Christianity 4615 78.6
    Islam 8 0.1
    Other Religious Groups 29 0.5
    No Religion 1154 19.7
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 369 13.2
    $400-$599 654 23.3
    $600-$799 423 15.1
    $800-$999 353 12.6
    $1,000-$1,249 196 7.0
    Others 806 28.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3648 65.7
    Employed, worked full-time 956 17.2
    Employed, worked part-time 636 11.5
    Unemployed, looking for work 175 3.2
    Employed, away from work 139 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 218 12.6
    Technicians & trades workers 284 16.4
    Community & personal service workers 232 13.4
    Clerical & administrative workers 254 14.7
    Sales 201 11.6
    Others 541 31.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 264 38.3
    Secondary 230 33.3
    Technical or Further Educational Institution 63 9.1
    University or other Tertiary Institutions 83 12.0
    Other type of educational institution 26 3.8
    Others 24 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4095 69.8
    Flat, unit or apartment 858 14.6
    Semi-detached, row or terrace house, townhouse 774 13.2
    Caravan, cabin, houseboat 133 2.3
    House or flat attached to a shop, office 8 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1501 50.5
    Rented 917 30.8
    Being purchased 455 15.3
    Other tenure type 100 3.4
    Tenure Type
Census 2011, ABS
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