Suburb Profile Report for Booval QLD (4304)

Booval House: Median price $285,000, Annual capital growth 3.48%, Number of sales 61, Weekly median advertised rent $280

Booval Unit: Median price $207,500, Annual capital growth 3.88%, Number of sales 14, Weekly median advertised rent $260

  • 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 1.88% which means that Booval, 4304 has done well for property investors by showing a capital gain of 3.64% over the last year

While Booval,4304 ranked number 250th in QLD for increase in median house value (annualised) increase, it is ranked 544th over the last 5 years.

Vendor discounting in Booval is giving property investors an average Vendor Discount of around -7.66%. This puts suburb at number 279th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Booval the average time real estate has been on the market is 77.77 days.

Advertised rents are around the $280 mark per week – giving a return of 5.11% based on the median price in Suburb

QLD has seen average median house prices change by 1.70% which means that Booval, 4304 has done well for property investors by showing a capital gain of -1.19% over the last year

While Booval,4304 ranked number 123th in QLD for increase in median house value (annualised) increase, it is ranked 302th over the last 5 years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.97% offered to property buyers. Sellers in Booval itself are offering an average vendor discount of -7.55% to real estate investors.

Situated 28.60km from the CBD, Booval is one of Ipswich localities in the postcode 4304.

HOUSE UNIT
$285,000 $207,500
1.79% 1.22%
3.64% -1.19%
3.48% 3.88%
$280 $260
61 14
5.11% 6.52%
77.77 145.41

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2687
Median household income ($/weekly) 777
Median age of persons 40
Median housing loan repayment ($/monthly) 1400
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 270 10.0
    25-34 years 345 12.8
    35-44 years 358 13.3
    45-54 years 297 11.1
    55-64 years 320 11.9
    Others 1097 40.8
    Age Group
    Census Count Percent(%)
    Not Married 1088 53.5
    Registered Married 707 34.7
    Defacto Relationship 240 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2146 84.9
    Indonesia 38 1.5
    Papua New Guinea 78 3.1
    United Kingdom 110 4.3
    Other 46 1.8
    Others 111 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.6
    Christianity 1793 75.3
    Hinduism 27 1.1
    Other Religious Groups 23 1.0
    No Religion 514 21.6
    Others 8 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 159 14.9
    $400-$599 147 13.8
    $600-$799 143 13.4
    $800-$999 114 10.7
    $1,500-$1,999 104 9.8
    Others 397 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 975 46.5
    Employed, worked full-time 622 29.7
    Employed, worked part-time 316 15.1
    Unemployed, looking for work 111 5.3
    Employed, away from work 71 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 146 14.5
    Technicians & trades workers 154 15.3
    Community & personal service workers 125 12.4
    Clerical & administrative workers 152 15.1
    Labourers 160 15.9
    Others 269 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 24 5.4
    Infants/Primary 177 39.8
    Secondary 98 22.0
    Technical or Further Educational Institution 60 13.5
    University or other Tertiary Institutions 67 15.1
    Others 19 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1947 77.4
    Semi-detached, row or terrace house, townhouse 317 12.6
    Flat, unit or apartment 252 10.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 572 50.2
    Fully owned 321 28.2
    Being purchased 246 21.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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