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Bargara suburb profile

Bargara is a picturesque coastal suburb located just 13km east of Bundaberg in Queensland, renowned for its stunning beaches and relaxed lifestyle. This charming seaside community is a popular destination for both locals and tourists, offering a range of outdoor activities such as swimming, snorkeling, and golfing. Bargara's vibrant esplanade is lined with cafes, restaurants, and boutique shops, providing a lively atmosphere for residents and visitors alike. The suburb is also a gateway to the Southern Great Barrier Reef, making it an ideal spot for marine enthusiasts. With its blend of natural beauty and modern amenities, Bargara is a sought-after location for those seeking a coastal retreat.

Bargara property market performance

Bargara's property market has shown robust growth, particularly in the housing sector, over the past 12 months. House values have surged by 14.3%, bringing the median house price to $827,500, while unit values have remained stable with no change, maintaining a median price of $490,000. This indicates a strong demand for houses in the area.

Sales activity has been active, with 48 houses and 21 units sold over the last 12 months. Both houses and units are selling quickly, with a median of just 27 days on the market, reflecting a competitive market environment.

The rental market in Bargara has experienced significant changes, particularly for units, which have seen a 22.2% increase in average rent over the last 12 months. House rents have also risen by 7.1%, indicating a strong rental demand across both property types.

Median price - houses$798KPast 3 months

Median price - units$499KPast 3 months

Change in value - houses11.9%12 months

Change in value - units-5.6%12 months

Houses sold42Past 3 months

Units sold17Past 3 months

Median DOM - houses27Past 12 months

Median DOM - units24.5Past 12 months

Average rent - houses$600Past 12 months

Average rent - units$550Past 12 months

Change in rent - houses5.3%Past 12 months

Change in rent - units19.6%Past 12 months

Bargara demographics

Bargara, a picturesque coastal suburb in Queensland, is renowned for its stunning beaches and relaxed lifestyle, making it a popular destination for retirees and families seeking a tranquil environment. With a median age of 54, the suburb is characterized by a mature population, many of whom are drawn to the area's natural beauty and slower pace of life. The community is well-balanced, with a significant proportion of couple families without children, reflecting the appeal of Bargara as a retirement haven.

Housing in Bargara is predominantly owner-occupied, with nearly half of the properties owned outright. This high rate of outright ownership underscores the stability and long-term commitment of its residents to the area. Additionally, a quarter of the properties are owned with a mortgage, while just over a quarter are rented, indicating a mix of established homeowners and those entering the property market. The suburb's relatively affordable median household income aligns with its appeal to retirees and families looking for a cost-effective coastal lifestyle.

The family composition in Bargara is diverse, with couple families with children making up over a quarter of the households, while one-parent families account for 12.5%. This diversity contributes to a welcoming community atmosphere, where families of all types can enjoy the suburb's amenities, including its beautiful beaches, parks, and local shops. Bargara's blend of natural beauty, community spirit, and relaxed living makes it an attractive choice for those seeking a peaceful coastal lifestyle.

Bargara infrastructure, key developments and investment opportunities

Bargara is experiencing significant development that may impact its property market. The $1.5 million upgrade of the Bargara foreshore, including new walkways and viewing platforms, is enhancing the area's coastal appeal. Additionally, plans for a new $30 million shopping precinct in central Bargara aim to boost local amenities and potentially increase property values.

Infrastructure improvements include the ongoing $42.5 million Bargara Road upgrade, which will improve connectivity to Bundaberg. The expansion of educational facilities, such as the new $12 million Bargara State School building, is likely to attract families to the area. These developments, combined with Bargara's growing popularity as a coastal lifestyle destination, are expected to sustain strong demand for properties in the coming years.

Bargara rental market trends

The rental market in Bargara is experiencing notable growth, with house rents increasing by 7.1% over the past year to $600 per week, while unit rents have surged 22.2% to $550 per week. This coastal suburb is attracting attention from both renters and investors, driven by its appealing lifestyle and strong rental demand.

Suburbs near Bargara

Some popular suburbs near Bargara include:

Common questions about Bargara

  • Is Bargara a nice place to live?

    Bargara is a delightful coastal suburb that offers a serene and picturesque lifestyle, making it a fantastic place to call home. Known for its stunning beaches and relaxed atmosphere, Bargara provides a perfect blend of natural beauty and modern conveniences. The suburb's vibrant esplanade, lined with charming cafes, restaurants, and boutique shops, creates a lively yet laid-back vibe that appeals to both locals and visitors. Families will find Bargara particularly appealing, with its safe environment and access to excellent amenities, including parks and recreational facilities.

    Living in Bargara comes with the trade-off of being a bit removed from the hustle and bustle of larger urban centers, but this is precisely what many residents cherish. The suburb's proximity to Bundaberg ensures that essential services and larger shopping centers are still within easy reach. While Bargara may not offer the nightlife of a big city, its peaceful ambiance and community spirit more than compensate for it. The ongoing infrastructure developments, such as the Bargara Road upgrade and new educational facilities, are set to enhance the suburb's appeal further, particularly for families seeking a supportive and nurturing environment.

    For those who appreciate a coastal lifestyle with a strong sense of community, Bargara is an excellent choice. The suburb's welcoming atmosphere and diverse family composition create a harmonious living environment where everyone can enjoy the area's natural beauty and amenities. Whether you're a retiree looking for tranquility or a family seeking a safe and friendly neighborhood, Bargara offers a unique and charming place to live.

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  • Is it expensive to live in Bargara?

    Living in Bargara can be quite a financial commitment, especially when considering its property market. The current median house price is around $827,500, while units are priced at a median of $490,000. These figures suggest that buying property in Bargara requires a significant investment, particularly when compared to other regions in Queensland. Renting is also on the higher side, with houses averaging $600 per week and units at $550, which can take a considerable chunk out of the average household income.

    When we look at the average wage in Bargara, which is approximately $65,000 per year, it becomes evident that the cost of living, especially in terms of housing, can be a strain on the budget. The median total household income weekly is $1,261, which, when balanced against the property prices and rent, indicates that living in Bargara might be challenging for those earning an average salary. If you are thinking of living in Bargara, it's essential to weigh these costs against the lifestyle benefits the suburb offers, such as its coastal charm and relaxed atmosphere.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Bargara a good place to invest?

    Bargara is showing promising signs as a potential investment hotspot, particularly for those interested in rental properties. Over the past year, the suburb has seen a significant 14.3% increase in median house values, indicating strong demand and potential for capital growth. While the median unit values have remained stable, the rental market for units has experienced a remarkable 22.2% increase, suggesting a high demand for rental accommodations and an opportunity for investors to capitalize on rental yields.

    The suburb's appeal is further enhanced by its coastal location, offering a relaxed lifestyle that attracts both families and retirees. This diverse demographic mix contributes to a steady demand for both houses and units. The 7.1% increase in house rents also highlights the suburb's growing popularity among renters, making it an attractive option for investors seeking reliable rental income.

    Overall, Bargara presents a balanced investment opportunity with potential for both capital appreciation and strong rental returns. Its coastal charm, combined with recent growth trends, makes it a suburb worth considering for those looking to invest in the real estate market.

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