Suburb Profile Report for Bongaree QLD (4507)

Bongaree House: Median price $456,250, Annual capital growth 2.22%, Number of sales 113, Weekly median advertised rent $430

Bongaree Unit: Median price $315,000, Annual capital growth 0.31%, Number of sales 62, Weekly median advertised rent $350

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Bongaree, 4507 ranked 679th 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

While Bongaree,4507 ranked number 483th in QLD for increase in median house value (annualised) increase, it is ranked 426th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Bongaree is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 410th in terms of most discounted suburbs in QLD

At number 924th in the list of Australian suburbs ordered by increase in median house value over the last year, Bongaree, 4507 is in the BOTTOM 40% with a property value increase of -4.55% recorded in median house prices.

While Bongaree,4507 ranked number 277th in QLD for increase in median house value (annualised) increase, it is ranked 105th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Bongaree is offering property investors an average of -6.43. This rate of discount on properties puts Suburb at number 23th in terms of most discounted suburbs in QLD

Situated 45.33km from the CBD, Bongaree is one of Moreton Bay (R) localities in the postcode 4507.

Metrics i HOUSE UNIT
$456,250 $315,000
-0.38% -4.55%
-4.55% -4.55%
2.22% 0.31%
$430 $350
113 62
4.90% 5.78%
68.9387755102041 115.111111111111

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (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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