If you compare the increase in value of investment property in Bongaree, 4507 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.68%.
Bongaree,4507 has offered an average of -2.68% return per annum in house price rises to property investors over the last three years.
At number 614th of QLD’s most discounted properties, Bongaree is in the TOP 30% of the state/territory when listing in order of most discounted to least.
In the last year 125 properties changed hands in Bongaree, which puts it as the 178th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 1.84%, investors should hope to achieve an overall return of 5.08%
If you compare the increase in value of investment property in Bongaree, 4507 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.92%.
The five-year average increase in median property values for Bongaree,4507 has given property investors a potential capital gain of 6.67% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.05% offered to property buyers. Sellers in Bongaree itself are offering an average vendor discount of -5.93% to real estate investors.
On average over the past year, suburb has had 8.17 sales per month, which equates to 98 per year.
With the median price for a house in Bongaree being $320000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.36%