Thinking about buying in Bongaree? Now could not be a better time, with 6895 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $670,000 with prices in this suburb ranging from $95,000 to $3,481,000. Bongaree is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $316.81 |
Median Monthly Mortgage | $1345.81 |
Median Persons Per Bedroom | 0.69 |
Average Household Size | 1.95 |
Average Age | 65.14 |
Average Income | $501.81 |
Average Cars Per Dwelling | 1.40 |
Average Properties Within 50M | 79 |
1 Bed  $478,000 |
2 Bed  $537,000 |
3 Bed  $759,000 |
4 Bed  $996,000 |
5 Bed  $1,184,000 |
6 Bed+$940,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Bongaree is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Bongaree provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Bribie Island State High School
Bribie Island State School
(While the above schools are located with the suburb of Bongaree there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 6.6 | 22.3 | 29.1 | 55.0 | 82.7 | 6.7 | 24.1 |
Feb | 5.5 | 22.0 | 28.9 | 56.5 | 85.5 | 6.6 | 21.9 |
Mar | 4.5 | 21.0 | 27.8 | 56.5 | 85.8 | 6.2 | 18.8 |
Apr | 2.7 | 17.9 | 26.0 | 53.7 | 86.7 | 5.4 | 17.0 |
May | 1.6 | 14.6 | 23.5 | 50.4 | 85.4 | 4.3 | 14.1 |
Jun | 2.6 | 12.6 | 21.4 | 51.9 | 85.9 | 4.2 | 12.2 |
Jul | 1.0 | 11.4 | 20.2 | 49.6 | 83.8 | 4.1 | 13.5 |
Aug | 0.3 | 11.7 | 22.8 | 41.0 | 84.0 | 4.0 | 16.7 |
Sept | 0.8 | 14.2 | 23.9 | 45.0 | 84.0 | 5.1 | 19.8 |
Oct | 4.0 | 17.1 | 25.4 | 51.1 | 84.8 | 5.9 | 22.9 |
Nov | 2.4 | 19.7 | 26.9 | 52.5 | 83.0 | 6.3 | 26.4 |
Dec | 3.8 | 21.3 | 28.5 | 53.5 | 82.4 | 6.2 | 25.5 |
source: Australian Government Bureau of Meteorology
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