Suburb Profile Report for Booval QLD (4304)

Booval House: Median price $298,250, Annual capital growth 1.32%, Number of sales 86, Weekly median advertised rent $300

Booval Unit: Median price $183,500, Annual capital growth -0.85%, Number of sales 24, Weekly median advertised rent $273

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Booval is in the bottom 10% in QLD when comparing median price capital growth over the last year. Booval gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.48%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Booval has increased when compared to the 5 year average annual rate.

Booval, 4304 is offering QLD ‘s 114th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.

At number 2335 in a list of fastest selling suburbs, Booval is just in the bottom half of suburbs in Australia with an average of days on market 62.5333 for properties listed there.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 1.32%, investors should hope to achieve an overall return of 5.23%

The five-year average increase in median property values for Booval,4304 has given property investors a potential capital gain of -14.65% across each of those five years.

Metrics i HOUSE UNIT
$298,250 $183,500
2.84% 8.58%
-3.48% N/A
1.32% -0.85%
$300 $273
86 24
5.23% 7.72%
62.5333333333333 108.923076923077

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. 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 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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