Suburb Profile Report for Boondall QLD (4034)

Boondall House: Median price $506,000, Annual capital growth 3.72%, Number of sales 112, Weekly median advertised rent $425

Boondall Unit: Median price $417,000, Annual capital growth 1.80%, Number of sales 72, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

With a capital gain of 6.19% for the last 12 months, Boondall, 4034 has performed for property investments than its average annual 3.72% property growth over the last 5 years.

Comparing Boondall,4034 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -4.91% to buyers in Boondall at the moment, which is less than average for the rest of QLD.

At number 1119 in a list of fastest selling suburbs, Boondall is in the TOP 30% of suburbs in Australia with an average of days on market 56.59 for properties listed there.

Boondall, 4034’s gross rental yield is 4.37%

At number 363th in the list of Australian suburbs ordered by increase in median house value over the last year, Boondall, 4034 is in the top 30% with a property value increase of 13.01% recorded in median house prices.

If we look at median property appreciation over just the last three months, Boondall has given property investors a paper return of -0.24%. This puts Suburb as 206 on a list of fastest fasting appreciating suburbs in QLD

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Boondall itself are offering an average vendor discount of -3.14% to real estate investors.

Using the current median advertised rental of $385 and the average annual increase in value of a median property of 1.80%, investors should hope to achieve an overall return of 4.80%

Information supplied by:


June 2017

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The vacancy rate in this established Brisbane suburb has dropped in recent months, with Real Estate Investar reporting a rate of just 1.43%.Full summary

Entertainment hub inspires competition for rentals
Median house price: $480,000
Vacancy rate: 1.43%
Three-year growth: 14.29% 

Most south-east Queenslanders associate Boondall with rock and pop music, theatre shows, children’s performances, and a range of other entertainment options. This is because the Brisbane Entertainment Centre – one of the biggest performance spaces in Queensland – is located in the middle of this suburb, which is also home to around 9,000 residents.

The vacancy rate in this established Brisbane suburb has dropped in recent months, with Real Estate Investar reporting a rate of just 1.43%. 

Around one-quarter of local residents is comprised of renters, and at present they’re fighting amongst themselves for access to rental property. Offering close proximity to public transport, major shopping centres and prestigious schools, it’s easy to see why.

Close
Metrics i HOUSE UNIT
$506,000 $417,000
1.20% -0.24%
6.19% 13.01%
3.72% 1.80%
$425 $385
112 72
4.37% 4.80%
56.59 66.5

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Boondall QLD
Demographics
Total population 8746
Median household income ($/weekly) 1370
Median age of persons 36
Median housing loan repayment ($/monthly) 1842
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1063 12.2
    25-34 years 1182 13.5
    35-44 years 1186 13.6
    45-54 years 1163 13.3
    55-64 years 1050 12.0
    Others 3102 35.5
    Age Group
    Census Count Percent(%)
    Registered Married 3160 49.1
    Not Married 2677 41.6
    Defacto Relationship 603 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 6102 74.1
    Indonesia 212 2.6
    Papua New Guinea 425 5.2
    United Kingdom 266 3.2
    Other 322 3.9
    Others 906 11.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 127 1.6
    Christianity 5849 73.5
    Hinduism 178 2.2
    Other Religious Groups 121 1.5
    No Religion 1632 20.5
    Others 51 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 244 9.0
    $600-$799 255 9.4
    $1,250-$1,499 255 9.4
    $1,500-$1,999 390 14.4
    $2,000-$2,499 350 12.9
    Others 1221 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2762 40.9
    Not in the labour force 2220 32.8
    Employed, worked part-time 1269 18.8
    Employed, away from work 265 3.9
    Unemployed, looking for work 244 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 754 17.6
    Technicians & trades workers 619 14.4
    Community & personal service workers 423 9.9
    Clerical & administrative workers 833 19.4
    Labourers 470 10.9
    Others 1194 27.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 647 31.3
    Secondary 764 36.9
    Technical or Further Educational Institution 172 8.3
    University or other Tertiary Institutions 343 16.6
    Other type of educational institution 74 3.6
    Others 68 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7529 94.2
    Semi-detached, row or terrace house, townhouse 338 4.2
    Flat, unit or apartment 127 1.6
    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 1129 38.5
    Fully owned 1059 36.1
    Rented 731 24.9
    Other tenure type 12 0.4
    Tenure Type
Census 2011, ABS
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