Suburb Profile Report for Boondall QLD (4034)

Boondall House: Median price $524,000, Annual capital growth 2.54%, Number of sales 132, Weekly median advertised rent $430

Boondall Unit: Median price $370,750, Annual capital growth 1.68%, Number of sales 12, Weekly median advertised rent $390

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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Boondall is an average performer in QLD when comparing median price capital growth over the last year. Boondall gave property investors a good capital gain figure when compared to the rest of the state, with 1.75%.

A 23.29% growth in median value for property investors in Boondall,4034 puts this suburb at number 493th in terms of best performing suburbs in QLD

Sellers are offering property buyers an average discount of -4.36% to buyers in Boondall at the moment, which is less than average for the rest of QLD.

On average over the past year, suburb has had 11.00 sales per month, which equates to 132 per year.

A $430 per week rent on the median house gives suburb investors a gross yield of circa 4.27%, without taking into account capital value appreciation, which has been averaging out at 2.54%.

Giving property investors a an average capital gain of -1.40% for the last year, Boondall, 4034 is the 697th highest performer in Australia in this respect.

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

Renters in Suburb are facing rents around $20280 per annum or $390 every week.

Information supplied by:


June 2017

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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.

Metrics i HOUSE UNIT
$524,000 $370,750
-0.47% -1.00%
1.75% -1.40%
2.54% 1.68%
$430 $390
132 12
4.27% 5.47%
61.488 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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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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