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.