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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 $799,000 and this has changed 6.81% over the past year and changed 9.60% over 2 years.

The median rent in Bongaree for houses is $600 per week and the median rental yield is 3.90%. Stock on the market for houses/townhouses has changed -31.58% compared to last year and the average time to sell a house/townhouse is 81 days.The median listing price for units is $599,500 and this has changed 14.19% over the past year. The average unit takes 78 days to sell and the median rent for a unit in Bongaree is $470 per week, producing a rental yield of 4.07%.

Supply & Demand in Bongaree, Moreton Bay

0.37%

Current vacancy rate


19

Rental stock available


6,950

Population


26.34%

Rental population


0.83%

Current vacancy rate


1,752

Rental stock available


425,303

Population


28.79%

Rental population


0.87%

Current vacancy rate


20,766

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 $799,000 $735,000 $599,500
Median price change - last quarter 2.31% 1.37% 0.00%
Median price change - 1 year 6.81% 61.53% 14.19%
Median price change - 2 years 9.60% 56.38% 33.51%
  House Townhouses Units
Median weekly rent $600 $500 $470
Median yield % 3.90% 3.53% 4.07%
Median rent change - 1 year 9.09% -3.85% 9.30%
  House Units
Previous month sales 4 2
Stock on market previous month 39 15
Stock variance vs. last year -31.58% -34.78%
Average days on market 81 78

Bongaree investment property listings

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