178/1-25 Fifth Avenue, Bongaree QLD 4507
178/1-25 Fifth Avenue, Bongaree QLD 4507
1-bed villa in Bongaree strata complex | dual bushfire and flood overlays | strong rental yield near 7% gross | entry-level coastal market with retiree and investor demand
This villa offers a rare entry point into Bribie Island’s coastal market at a price well below the suburb’s median house value, with a gross rental yield around 7% that outperforms many standalone properties. The single-bedroom configuration limits owner-occupier appeal but aligns with investor demand for affordable, low-maintenance holdings near schools and beach amenities. NBN and 5G connectivity support remote worker tenants, while the strata arrangement reduces land upkeep burdens. The property serves best as a cash-flow positive investment for buyers seeking exposure to the Bongaree lifestyle market without the capital outlay of a house.
The dual bushfire and flood overlays are the primary risk, potentially raising insurance premiums by 20-40% and narrowing the buyer pool on resale. Strata fees and council rates are not confirmed but should be verified as they directly impact net yield. The opportunity lies in the property’s low absolute price and consistent rental demand from retirees and young professionals priced out of larger homes. Hold this villa as a long-term income generator, accepting that capital growth will lag standalone houses due to overlay constraints and strata complexity.
Detailed Independent Property Report prepared by PropCred Analyst team for 178/1-25 Fifth Avenue, Bongaree QLD 4507
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Bongaree’s property market is characterised by exceptional capital growth, with house values surging 97% over five years and a remarkable 17-23% in the past year alone. This rapid price escalation, alongside a median house price approaching $950,000, signals a high-demand, high-growth environment. Demand is evidenced by brisk sales, with houses averaging just 27 days on market, and stronger performance for larger dwellings. While rental yields are moderate, the suburb’s sustained price momentum suggests robust buyer competition, though this growth trajectory introduces potential affordability constraints for future entrants.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
1.82 ha
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