Thinking about buying in Bonogin? Now could not be a better time, with 2136 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,490,000 with prices in this suburb ranging from $488,000 to $3,742,000. Bonogin is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Bonogin Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Bonogin driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Bonogin due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Bonogin classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Bonogin requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Bonogin

	25 aylesham dr, bonogin, qld, 4213	6	3	3	All Offers By Sun 15th Dec - Unless Sold Prior
	106 carrington rd, bonogin, qld, 4213	5	2	2	Contact Agent
	76 hersden ct, bonogin, qld, 4213	4	3	2	Contact Agent
	77 hersden ct, bonogin, qld, 4213	3	1	4	Under Contract
	11 windemere dr, bonogin, qld, 4213	5	3	9	2000000
	29-71 glenmore dr, bonogin, qld, 4213	0	0	0	890000
	69 fowler ct, bonogin, qld, 4213	0	0	0	1650000
	151 gardenia dr, bonogin, qld, 4213	4	2	4	1650000
	76 aylesham dr, bonogin, qld, 4213	6	4	7	2800000
	unit 1, 458 bonogin rd, bonogin, qld, 4213				Contact Agent

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