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Boronia Heights
AREA REPORTS

Boronia Heights

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

house

A steady increase in median property prices over a five-year period in the suburb translates to a 5.71% 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 $370,000

The augmented property values in the suburb are trailing behind the territorial average of 7.72% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $350.

Home owners selling their properties and realtors in BORONIA HEIGHTS usually have to wait an average of 50.2 days days before their assets are lifted off the market.

The QLD suburb ranks 313th on the list of best yielding suburbs for rental properties in QLD, posting a 4.92% return.

It also places places 550th in Australia based on median property value growth during the quarter.

Surburb overview

Boronia Heights is a sleepy suburb bounded by Park Ridge to its right and Greenbank to its left. It belongs to the local government area of Logan City in Queensland.

Boronia Heights was proclaimed as a suburb in 1991, and was named after its first residential community. It is the perfect take-off point for a day hike at the Boronia Heights Bushland Reserve for kangaroo sightings, to observe the beauty of the flora endemic to the region, or amble along forest paths that are often interrupted by meandering, crystal-clear streams.

Thriving real estate

Boronia Heights may be new in the real estate game, but it has all the trappings of an established neighbourhood. Within reach are a school, several shopping centres, parks and leisure spaces, and various transport links to the city. Family living is at the heart of its amenities and locals take pride in its childcare facilities, ample picnic areas and walking tracks.

Boronia Heights real estate listings feature a mix of old properties and houses being sold off the plan in new residential developments. Anything from full turnkey house and land packages to vacant lots is being offered to prospective buyers. Land values and median home prices in Boronia Heights are on an uptick, pulled up by Logan’s healthy real estate environment.

Data report can be found below

Boronia Heights
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $370,000 N/A
GROWTH REPORT
Median Quarterly 2.07% N/A
Median 12 month 6.02% N/A
Median 3 years 5.71% N/A
Median 5 years 13.85% N/A
10 years average annual 1.78% N/A
Weekly media advert. rent $350 N/A
Time on Market 50.2 days N/A
Gross Rental Yield Percent 4.92% N/A
demographics (median values)*
Total Population
7490
Weekly Household Income
959.5
Household Size
2.90
Age
30
Monthly Loan Repayment
1148
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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