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Investment Property Bongaree, QLD, 4507

Suburb Snapshot

Bongaree is a suburb in the Moreton Bay Region of Queensland. Bongaree has a population of 6,950 people and 26.34% of its occupants live in rental accommodation. The median listing price for houses is $795,000 and this has changed 6.42% over the past year and changed 7.57% over 2 years.

The median rent in Bongaree for houses is $600 per week and the median rental yield is 3.92%. Stock on the market for houses/townhouses has changed -33.93% compared to last year and the average time to sell a house/townhouse is 74 days.The median listing price for units is $599,000 and this has changed 14.09% over the past year. The average unit takes 84 days to sell and the median rent for a unit in Bongaree is $470 per week, producing a rental yield of 4.08%.

Supply & Demand in Bongaree, Moreton Bay

0.29%

Current vacancy rate


15

Rental stock available


6,950

Population


26.34%

Rental population


0.82%

Current vacancy rate


1,724

Rental stock available


425,303

Population


28.79%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Bongaree, Moreton Bay

  House Townhouses Units
Median listing price $795,000 $735,000 $599,000
Median price change - last quarter 2.31% 1.37% 0.00%
Median price change - 1 year 6.42% 60.83% 14.09%
Median price change - 2 years 7.57% 56.38% 33.11%
  House Townhouses Units
Median weekly rent $600 $500 $470
Median yield % 3.92% 3.53% 4.08%
Median rent change - 1 year 9.09% -3.85% 9.30%
  House Units
Previous month sales 5 3
Stock on market previous month 37 18
Stock variance vs. last year -33.93% -18.18%
Average days on market 74 84

Bongaree investment property listings

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