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 10.59%.
A 30.56% growth in median value for property investors in Bongaree,4507 puts this suburb at number 227th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Bongaree is offering property investors an average of -6.68. This rate of discount on properties puts Suburb at number 556th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 10.92 sales per month, which equates to 131 per year.
The QLD suburb of Bongaree, 4507 is in the Moreton Bay local government area.
Investment property in Bongaree has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.03%
If we look at median property appreciation over just the last three months, Bongaree has given property investors a paper return of 0.89%. This puts Suburb as 107 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -5.48% to buyers in Bongaree at the moment, which is less than average for the rest of QLD.
At number 1004 in a list of fastest selling suburbs, Bongaree is in the bottom 40% of suburbs in Australia with an average of days on market 85.63 for properties listed there.
Bongaree is 238th on a list of best yielding suburbs for rents in QLD with a 4.89% return