AREA REPORTS

Boronia Heights

Suburb Profile

Boronia Heights - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4124

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 11.08% capital gain.

It 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 $351,000

The augmented property values in the suburb are trailing behind the territorial average of 2.4% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $360.

Home owners selling their properties and realtors in BORONIA HEIGHTS usually have to wait an average of 51.3 days days before their assets are lifted off the market.

The QLD suburb ranks 172nd on the list of best yielding suburbs for rental properties in QLD, posting a 5.33% return.

It also places places 418th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $351,000 $260,104
GROWTH REPORT
Median Quarterly 0.29% -20.21%
Median 12 month 1.74% -20.94%
Median 3 years 11.08% 0.04%
Median 5 years 15.08% N/A
10 years average annual 1.43% -0.42%
Weekly media advert. rent $360 $340
Time on Market 51.3 days 74.3 days
Gross Rental Yield Percent 5.33% 6.8%
demographics (median values)
Total Population
7490
Weekly Household Income
959.5
Household Size
2.90
demographics
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