Bargara is a mid-sized suburb in Queensland within the Bundaberg local government area (postcode 4670). With a population of 8,883, the suburb has a mature demographic with a median age of 54. Households earn a median income of $66K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Bargara is $720,000, having surged 15.1% over the past year. Units have a median price of $625,000 (+17.2% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,517.
The crime rate in the Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.
From an investment perspective, Bargara offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($720K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 11.0x is considered stretched. House prices have moved +15.1% year-on-year.
Bargara is a mid-sized suburb in Queensland within the Bundaberg local government area (postcode 4670). With a population of 8,883, the suburb has a mature demographic with a median age of 54. Households earn a median income of $66K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Bargara is $720,000, having surged 15.1% over the past year. Units have a median price of $625,000 (+17.2% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $1,517.
The crime rate in the Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.
From an investment perspective, Bargara offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($720K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 11.0x is considered stretched. House prices have moved +15.1% year-on-year.