Suburb Profile Report for North Booval QLD (4304)

North Booval House: Median price $286,500, Annual capital growth 1.36%, Number of sales 90, Weekly median advertised rent $310

North Booval Unit: Median price $198,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $280

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.

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House Report
Unit Report

Property investors who have had real estate in North Booval, 4304 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.95%

Comparing North Booval,4304 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in North Booval should be aiming for at least -4.29% off the asking price, which is the average vendor discount being achieved at the moment.

Situated 27.66km from the CBD, North Booval is one of Ipswich (C) localities in the postcode 4304.

The five-year average increase in median property values for North Booval,4304 has given property investors a potential capital gain of -1.61% across each of those five years.

Advertised rents are around the $280 mark per week – giving a return of 7.34% based on the median price in Suburb

Metrics	HOUSE	UNIT
Median price	$286,500	$198,500
Quarterly growth	1.78%	7.30%
12-month growth	4.95%	N/A
Average Annual Growth	1.36%	N/A
Weekly median advertised rent	$310	$280
Number of sales	90	10
Gross rental yield	5.63%	7.34%
Days on market	61.3164556962025	N/A

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

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Demographics

Total population	2431
Median household income ($/weekly)	1114
Median age of persons	30
Median housing loan repayment ($/monthly)	1300
Average household size	2.7

Census	Count	Percent(%)
0-4 years	225	9.3
5-14 years	342	14.1
25-34 years	383	15.8
35-44 years	350	14.4
45-54 years	267	11.0
Others	864	35.5

Age Group

Census	Count	Percent(%)
Not Married	693	43.0
Registered Married	670	41.6
Defacto Relationship	249	15.4

Social Marital Status

Census	Count	Percent(%)
Australia	1950	86.1
Indonesia	18	0.8
Papua New Guinea	90	4.0
United Kingdom	62	2.7
Other	52	2.3
Others	93	4.1

Country of Birth

Census	Count	Percent(%)
Buddhism	22	1.0
Christianity	1547	72.1
Hinduism	17	0.8
Other Religious Groups	10	0.5
No Religion	547	25.5
Others	3	0.1

Religious Affiliation

Census	Count	Percent(%)
$400-$599	87	12.2
$800-$999	87	12.2
$1,000-$1,249	86	12.1
$1,500-$1,999	94	13.2
$2,000-$2,499	73	10.3
Others	285	40.0

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	658	37.8
Not in the labour force	634	36.4
Employed, worked part-time	272	15.6
Unemployed, looking for work	100	5.7
Employed, away from work	78	4.5

Person Characteristics

Census	Count	Percent(%)
Professionals	130	13.0
Technicians & trades workers	153	15.3
Clerical & administrative workers	145	14.5
Sales	121	12.1
Labourers	161	16.1
Others	293	29.2

Occupation

Census	Count	Percent(%)
Pre-school	29	5.2
Infants/Primary	236	42.4
Secondary	128	23.0
Technical or Further Educational Institution	60	10.8
University or other Tertiary Institutions	90	16.2
Others	13	2.3

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1976	90.0
Semi-detached, row or terrace house, townhouse	195	8.9
Flat, unit or apartment	21	1.0
House or flat attached to a shop, office	3	0.1
Caravan, cabin, houseboat	0	0.0
Others	0	0.0