QLD has seen average median house prices change by 2.41% which means that Bongaree, 4507 has done well for property investors by showing a capital gain of 1.86% over the last year
While Bongaree,4507 ranked number 199th in QLD for increase in median house value (annualised) increase, it is ranked 499th over the last 5 years.
Property buyers and investors in Bongaree 4507 should be seeing an average reduction in asking price of around -4.76% . 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 61.45 days to sell a property.
Bongaree is 288th on a list of best yielding suburbs for rents in QLD with a 4.95% return
With a capital gain of 8.00% for the last 12 months, Bongaree, 4507 has performed for property investments than its average annual 2.43% property growth over the last 5 years.
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 -6.08. This rate of discount on properties puts Suburb at number 169th in terms of most discounted suburbs in QLD
The QLD suburb of Bongaree, 4507 is in the Moreton Bay local government area.