Located in Queensland within the Bundaberg local government area, Bargara is a mid-sized suburb (postcode 4670). With a population of 8,883, the suburb has a settled, mature resident base with a median age of 54. Households earn a median income of $66K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, managers. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Bargara has a median house price of $720,000, which has jumped by 15.1% year-on-year. Units have a median price of $625,000 (+17.2% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,517.
The crime rate in the Bundaberg LGA is moderate at 4,913 incidents per 100,000 population.
Looking at the investment signals, Bargara shows a gross rental yield of approximately 5.1%, rated as high yield. Property prices sit below the state median ($720K/$1.1M), which can point to relative value. The price-to-income ratio of 11.0x is considered stretched. House prices have moved +15.1% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.