167 Welsby Pde, Bongaree is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 615m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in August 2012.
Waterfront Flats On Welsby
This property represents a solid investment opportunity. Consisting of three 2 bedroom flats on a 615m2 Res B allotment and returning approximately $35,260 per annum gross.
Income plus future development opportunities!
The size of Bongaree is approximately 6.9 square kilometres. It has 17 parks covering nearly 34.8% of total area. The population of Bongaree in 2011 was 6,523 people. By 2016 the population was 6,940 showing a population growth of 6.4% in the area during that time. The predominant age group in Bongaree is 60-69 years. Households in Bongaree are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bongaree work in a professional occupation. In 2011, 63.6% of the homes in Bongaree were owner-occupied compared with 64% in 2016.
Bongaree has 5,098 properties. Over the last 5 years, Houses in Bongaree have seen a 63.00% increase in median value, while Units have seen a 79.88% increase. As at 31 October 2024:
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