5/137-139 Welsby Parade, Bongaree, QLD 4507 | Property Value & History | OnTheHouse
OFF MARKET

5/137-139 Welsby Parade
Bongaree QLD 4507

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 98m2
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Property Details for 5/137-139 Welsby Pde, Bongaree

5/137-139 Welsby Pde, Bongaree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 98m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
1987
Floor Size
89m2
Land Size
98m2
Local Government
Moreton Bay
Lot/Plan
5/BUP3710

Last Listing description (August 2026)

Positioned in one of the best locations on the picturesque Bribie Island is this top floor 2 bedroom beauty that has a front row seat to the Pumicestone Passage and an awesome parkland reserve with sandy beach directly opposite where you can simply cross the road to put your toes in the water and your butt in the sand! No need for yourself, your tenants or holiday guests to be stuck at the backend of a complex looking at a brick wall or neighbouring building without experiencing the true Island lifestyle every day! Speaking of tenants, this solid brick unit recently had the same tenants occupying it for 9 years so something about this building and location must be good! With only 8 units in this sleepy quiet and tidy complex, Unit 5 also has its own easy access single lockup garage...with a dedicated wash bay close by if you wanted to easily hose off the pride and joy or the toys!

External stairs at the rear of the building lead directly to a concrete patio out front of the unit entry door and once inside you will discover 2 good sized bedrooms with built in robes and ceiling fans, a brand spanking new bathroom and adjoining laundry space with the air conditioned kitchen/dining/lounge area all positioned at the front of the unit to maximise the epic water views and island breezes. The kitchen was updated a few years ago and offers a big fridge space, breakfast bar, dishwasher and electric appliances. The sweet smell of natural salt air is also mixed in with the smell of fresh paint after some freshening up was also just completed. Recent upgrades of some new decorative lighting, power points and ceiling fans were also some welcome additions.

The good sized air conditioned lounge room exits out onto the covered front patio where I am sure plenty of elbow exercises take place with a brown bottle or aluminium can in hand whilst watching the big orange ball sink beyond the water most afternoons! The other bonus is from this position your view isn't blocked by a long row of vehicles parking along the roadside everyday from those visitors who want to experience a small piece of what y'all can enjoy every day. Wander across the road to drop the line in, launch the watercraft or simply lay out on the sandy beach conveniently provided for you. Use your 2 feet and a heartbeat to wander along the waterfront parklands opposite this complex to the local shopping and takeaway food district, bowls club, specialty shops and amenities that are close by. If you need to commute back to the real world then the Bribie bridge is also conveniently close...just as long as you remember that your mainland visits are only temporary and you have a waterfront lifestyle waiting for you to return.


Bedrooms: 2
Bathrooms: 1
Formal lounge: 1
Car accommodation: 1 lockup garage and plenty of off street parking
Outdoor entertainment: Covered front patio
Air conditioning: Kitchen/dining/lounge
Roof Type: Updated Iron roof
Tenants: Nope
Amenities: Waterfront parkland stroll to plenty of shops and amenities
Rates: Approx $708.80 qtr (Investor Rates)
Water: Approx $374.55 qtr
Body Corp: Approx $920.25 qtr

Disclaimer: While every effort has been made to ensure the accuracy of the information provided in this advertisement, Housequest cannot guarantee the completeness, correctness, or currency of the details. Prospective buyers are advised to verify all information independently.

Property History for 5/137-139 Welsby Pde, Bongaree, QLD 4507

A timeline of how this property has performed in the market
Last Sold
$648,000
01 Apr 2025
Listed for Rent
$295/w
01 Aug 2016
  • 29 Apr 2026
    Listed for Sale Call to inspect - Interest Above $759,000
  • 01 Apr 2025
    Sold for $648,000
  • 10 Mar 2025
    Listed for Sale $665,000
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About Bongaree 4507

The size of Bongaree is approximately 6.9 square kilometres. There are 17 parks, covering nearly 34.8% of the total area. The population of Bongaree in 2016 was 6947 people. By 2021 the population was 8162 showing a population growth of 17.5% in the area during that time. The predominant age group in Bongaree is 70-79 years. Households in Bongaree are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Bongaree work in a community and personal service occupation.In 2021, 69.40% of the homes in Bongaree were owner-occupied compared with 64.00% in 2016.

Bongaree has 5,248 properties. Over the last 5 years, Houses in Bongaree have seen a 69.84% increase in median value, while Units have seen a 88.92% increase. As at 31 July 2026:

  • The median value for Houses in Bongaree is $1,025,418 while the median value for Units is $737,140.
  • Houses have a median rent of $695 while Units have a median rent of $523.
There are currently 53 properties listed for sale, and 8 properties listed for rent in Bongaree on OnTheHouse. According to Cotality's data, 208 properties were sold in the past 12 months in Bongaree.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.