Bongaree, 4507 ranked 439th 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.
Our latest figures would indicate that property sellers in Bongaree are currently offering property investors an average price cut of -5.71% below the asking price at the moment.
On average over the past year, suburb has had 10.75 sales per month, which equates to 129 per year.
Advertised rents are around the $372.5 mark per week – giving a return of 4.85% based on the median price in Suburb
QLD has seen average median house prices change by 1.23% which means that Bongaree, 4507 has done well for property investors by showing a capital gain of 0.00% over the last year
Taking the average capital gain, or increase in median house value, Bongaree,4507 has racked up an average of 0.00% over the period. This ranks it number 1245th in the whole country for real estate investors looking at median house price increases.
At number 94th of QLD’s most discounted properties, Bongaree is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Situated 45.33km from the CBD, Bongaree is one of Moreton Bay localities in the postcode 4507.