Boondall

POSTAL CODE: QLD, 4034

HOUSE

UNIT

Homeowners and real estate investors betting on BOONDALL, 4034 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 11.61%.

A steady increase in median property prices over a five-year period in the suburb translates to a 26.27% capital gain.

Property investors in BOONDALL enjoyed capital gains of 11.61% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,004,500.

Profits due to an upward trend in home prices there averaged 8.76% per annum over a 3-year period.

Home owners selling their properties and realtors in BOONDALL usually have to wait an average of 24 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $680 mark, reflecting a 3.52% increase in returns based on the current median price in BOONDALL.

BOONDALL, 4034 places 611th in Australia based on median property value growth during the quarter.

Property investors in BOONDALL enjoyed capital gains of 10.22% over the last 12 months translating to lower returns compared with its peers in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BOONDALL are low, as opposed to average gains per annum over the past five years.

BOONDALL posted a 50.4% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

Real estate investors could earn a rental income of $535 based on current median home prices for the suburb.

Average weekly rents on listings have reached the $535 mark, reflecting a 3.68% increase in returns based on the current median price in BOONDALL.

BOONDALL, 4034 ranks 309th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

BOONDALL ranks 316th on the list of best yielding suburbs for rental properties in QLD, posting a 3.68% return.

Surburb overview

Boondall is a northern suburb of Brisbane, Queensland, approximately 15 kilometres from the CBD. It is known for its family-friendly atmosphere and proximity to natural spaces and recreational facilities. The suburb has a population of around 9,224 people, with the predominant age group being 30-39. Boondall's community comprises families and professionals, with a median household income of $1,593 per week.

Boondall offers a variety of housing options, including traditional Queenslander homes and modern properties. The median house price is around $880,000, while units average $659,000. The rental market is also robust, with median rents at $650 per week for houses and $590 per week for units, yielding 4.03% and 5.30%, respectively, making it an attractive location for property investors.

The suburb is home to the Brisbane Entertainment Centre, a key venue for concerts and events, adding to the local amenities. Additionally, several schools in the area, including Boondall State School and St. Joseph’s Nudgee College, cater to families with school-aged children.

Public transportation is well-established, with Boondall train station and multiple bus routes connecting residents to the city and surrounding suburbs. Recreational activities are plentiful, with parks, walking trails, and access to wetlands for those who enjoy nature.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...