Suburb Profile Report for Boronia Heights QLD (4124)

Boronia Heights House: Median price $345,000, Annual capital growth 3.45%, Number of sales 145, Weekly median advertised rent $355

Boronia Heights Unit: Median price $329,000, Annual capital growth 7.82%, Number of sales 48, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.41% which means that Boronia Heights, 4124 has done well for property investors by showing a capital gain of 4.55% over the last year

Across a shorter period, Boronia Heights, 4124 has seen a median price increase of 0.00% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Boronia Heights, 4124. Typically our figures indicate that -3.99% is being offered, which puts this QLD suburb at 3056th most discounted overall in Australia.

In the last year 145 properties changed hands in Boronia Heights, which puts it as the 132th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $355 mark per week – giving a return of 5.35% based on the median price in Suburb

At number 57th in the list of Australian suburbs ordered by increase in median house value over the last year, Boronia Heights, 4124 is in the top 10% with a property value increase of 27.77% recorded in median house prices.

If we look at median property appreciation over just the last three months, Boronia Heights has given property investors a paper return of 0.00%. This puts Suburb as 167 on a list of fastest fasting appreciating suburbs in QLD

Our latest figures would indicate that property sellers in Boronia Heights are currently offering property investors an average price cut of -6.09% below the asking price at the moment.

Using the current median advertised rental of $350 and the average annual increase in value of a median property of 7.82%, investors should hope to achieve an overall return of 5.53%

Metrics i HOUSE UNIT
$345,000 $329,000
0.00% 0.00%
4.55% 27.77%
3.45% 7.82%
$355 $350
145 48
5.35% 5.53%
62.74 138.35

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 7604
Median household income ($/weekly) 1207
Median age of persons 30
Median housing loan repayment ($/monthly) 1773
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 709 9.3
    5-14 years 1211 15.9
    25-34 years 1218 16.0
    35-44 years 1056 13.9
    45-54 years 892 11.7
    Others 2518 33.1
    Age Group
    Census Count Percent(%)
    Not Married 2217 43.4
    Registered Married 2209 43.2
    Defacto Relationship 688 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 5428 74.8
    Papua New Guinea 569 7.8
    Philippines 85 1.2
    United Kingdom 295 4.1
    Other 350 4.8
    Others 528 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 83 1.2
    Christianity 4570 66.2
    Islam 127 1.8
    Other Religious Groups 87 1.3
    No Religion 1975 28.6
    Others 64 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 271 12.1
    $1,000-$1,249 249 11.1
    $1,250-$1,499 271 12.1
    $1,500-$1,999 361 16.2
    $2,000-$2,499 247 11.1
    Others 835 37.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2211 40.7
    Not in the labour force 1801 33.1
    Employed, worked part-time 938 17.3
    Unemployed, looking for work 301 5.5
    Employed, away from work 186 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 572 17.2
    Community & personal service workers 343 10.3
    Clerical & administrative workers 517 15.5
    Machinery operators & drivers 484 14.5
    Labourers 471 14.1
    Others 945 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 118 6.6
    Infants/Primary 783 44.1
    Secondary 500 28.1
    Technical or Further Educational Institution 164 9.2
    University or other Tertiary Institutions 151 8.5
    Others 61 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6780 95.3
    Semi-detached, row or terrace house, townhouse 328 4.6
    Flat, unit or apartment 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1093 45.3
    Rented 900 37.3
    Fully owned 381 15.8
    Other tenure type 38 1.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals