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 positive growth over the past 12 months, with house values increasing by 11.2% and unit values rising by 2.2%. The median house price over the past three months has averaged $835,000, while units have averaged $515,000, indicating a strong demand for houses in the area.
Sales activity has been robust, with 32 houses and 19 units sold in the past three months. Houses are selling slightly faster than units, with a median time on market of 28 days compared to 30 days for units, suggesting a healthy demand across both property types.
The rental market in Bargara has experienced significant changes over the last 12 months. Rental prices for houses have increased by 7.9%, while units have seen a substantial rise of 17%, reflecting a strong demand for rental properties, particularly units.
Median price - houses$835KPast 3 months
Median price - units$515KPast 3 months
Change in value - houses11.2%12 months
Change in value - units2.2%12 months
Houses sold32Past 3 months
Units sold19Past 3 months
Median DOM - houses28Past 12 months
Median DOM - units29.5Past 12 months
Average rent - houses$615Past 12 months
Average rent - units$550Past 12 months
Change in rent - houses7.9%Past 12 months
Change in rent - units17.0%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 7.9% over the past year to $615 per week, while unit rents have surged 17.0% 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: