Suburb Overview
Bongaree is a regional centre in Queensland, Australia, with a population of approximately 8,162, making it a smaller community. Located approximately 46 km from the Brisbane CBD, Bongaree is a regional area in Queensland. The median household income is $42,952 per year.
Location
Key Indicators
Postcode
4507
Postcode for Bongaree, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
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Population
8,162
Usual resident population at the most recent census.
Median weekly rent
$550/wk
Median weekly rent — as at Mar 2026, Residential Tenancies Authority (Qld) (CC BY 4.0).
Median household income
$42,952
Annual median household income (before tax) across all households.
Distance to CBD
46 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
$1,568/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
56% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why People Like Living in Bongaree
- Regional location about 46 km from Brisbane.
- Several schools in the area (around 2), attractive for families.
- Local parks and reserves (around 3) within easy reach.
- Well-serviced by public transport and major roads.
- Country-town feel with lower density and slower pace of life.
Who Bongaree Suits
Pros and Cons
Pros
- Mortgage costs are lower than the Queensland median, improving cash-flow margins.
- Local parks and reserves (around 3) add to liveability.
- Solid transport links into employment hubs.
Cons
- Rent-to-income ratio is above comfortable thresholds — watch tenant affordability.
- Long distance to the CBD (46 km) — plan for commute time or local employment.
Investment Insight
Bongaree's population of 8,162 sits 49% above the Queensland suburb median of 5,474, giving it a wider tenant and buyer catchment than the average QLD locality. Bongaree's median household income of $42,952/year is 52% below the Queensland suburb median ($90,298) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median rent of $550/week (as at Mar 2026, Residential Tenancies Authority (Qld)) equates to roughly $2,383/month — about 152% of the $1,568/month median mortgage repayment recorded at the 2021 Census. On those figures rental income covers most or all of the recorded repayment, but repayments on new loans have risen with interest rates since 2021, so re-run the coverage at today's rates before treating this as a cash-flow suburb. At 46 km from Brisbane, Bongaree is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price. Only 56% of dwellings are separate houses (vs 77% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.
Investment Tip
Regional property can deliver strong cash-flow yields but liquidity is tighter — plan for longer hold periods and verify local employment stability. At the 2021 Census, local rents consumed roughly 36% of household income — a dated but useful sanity check on tenant affordability.
Bongaree vs Queensland Median
How Bongaree stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Bongaree sits above the state median; negative means below.
| Metric | Bongaree | QLD median | Δ vs state |
|---|---|---|---|
| Population | 8,162 | 5,474 | +49% |
| Median household income | $42,952/yr | $90,298/yr | -52% |
| Median rent (weekly, 2021 Census) | $300 | $385 | -22% |
| Median mortgage (monthly, 2021 Census) | $1,568 | $1,733 | -10% |
| Distance to CBD | 46 km | 62 km | -26% |
| Separate houses | 56% | 77% | -21pp |
Investor Checklist
Pre-inspection briefing for Bongaree — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 8,162 residents — 149% of the QLD suburb median (5,474).
- Purchasing power: median household income $42,952/year (-52% vs Queensland suburb median of $90,298).
- Cash-flow coverage (2021 Census): $300/week rent (≈ $1,300/month) covered ~83% of the $1,568/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 46 km straight-line from Brisbane (state suburb median 62 km).
- Dwelling mix: 56% separate houses — mixed market (vs 77% state median).
- Rate stress-test: budget ~$157/month extra for a 1-percentage-point RBA rate rise on top of the $1,568/month median repayment.
- Tenant rent burden: 36% of the median household income is spent on rent — above the 30% stress threshold.
Investment Strategy
Limited buy-and-hold upside: household incomes 52% below the QLD median ($42,952 vs $90,298) means liquidity is thin and capital growth tends to lag the wider Queensland market over full cycles.
Moderate rental coverage at the 2021 Census: rent of $300/week covered 83% of a $1,568/month mortgage, a $268/month gap bridged with equity, depreciation and tax benefits. Re-check with current rents and rates before committing.
Only 56% of dwellings are separate houses (vs 77% QLD median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Risk Factors
- Interest-rate sensitivity: the $1,568/month median mortgage in Bongaree means a 1-percentage-point RBA rate rise could add roughly $157/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Income vulnerability: household incomes in Bongaree are 52% below the Queensland median ($42,952 vs $90,298), which tends to compress rent growth and increases exposure to local unemployment shocks.
- Commute distance: at 46 km from the nearest CBD, Bongaree depends on local employment rather than city-driven commuter demand, which amplifies the market's sensitivity to regional industry slowdowns.
- Rental stress (2021 Census): a median rent of $300/week consumed about 36% of the $42,952/year median household income at the Census — past the 30% stress threshold — signalling tenants may resist further rises and vacancy risk lifts in downturns. Both figures have moved since 2021; confirm with current data.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Bongaree regardless of local market conditions.
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Start your first-home journey →2026 Outlook
Capital-growth expectations for Bongaree are modest for 2026 — incomes 52% below the QLD median of $90,298 suggest gains will lag headline metro markets. At the 2021 Census, rental coverage ran at ~83% of the typical mortgage ($1,300/month rent vs $1,568/month repayment), keeping cash flow in positive or near-neutral territory. Verify against current rents and rates. Overall investor sentiment for Bongaree is cautious heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Queensland median.
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Frequently Asked Questions
Is Bongaree a good suburb for investment?
Whether Bongaree suits you depends on your strategy, but the fundamentals are concrete: a population of 8,162, a median household income of $42,952/year and median weekly rent of $300. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Bongaree?
The main demand drivers in Bongaree are a median household income of $42,952/year, a dwelling mix that is 56% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Bongaree?
Bongaree has a usual resident population of approximately 8,162, compared with a Queensland suburb median of 5,474 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
How far is Bongaree from the Brisbane CBD?
Bongaree sits 46 km straight-line from the Brisbane CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
What is the median rent in Bongaree?
The most recent census recorded a median weekly rent of $300 in Bongaree, equating to approximately $15,600/year in gross rental income (state median $385/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
What is the typical mortgage repayment in Bongaree?
The median monthly mortgage repayment in Bongaree is $1,568, or approximately $18,816/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
Is Bongaree cash-flow positive for investors?
A median weekly rent of $300 works out to $1,300/month, covering 83% of the median mortgage repayment of $1,568/month. That leaves a $268/month shortfall (around $3,216/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
What are the main risks of investing in Bongaree?
The main risks are interest-rate sensitivity on the $1,568 median mortgage, below-median household incomes ($42,952 vs $90,298 state median), the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
How we built this Bongaree profile
The population, postcode, median household income, and dwelling mix on this page are real figures from the ABS 2021 Census (income is the ABS median weekly household income annualised) and Australia Post. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage repayment are 2021 figures and are clearly labelled as such wherever they appear — they are five years old and have moved substantially since. The current median weekly rent in Key Indicators is a genuine recent figure from Residential Tenancies Authority (Qld) (Mar 2026), published under a Creative Commons licence — it is dated on the page and is separate from the older Census rent. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.