PM fears impact of migration slide on residential sector
Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...
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A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 1.31% growth over a ten-year period. It ranks 3199th on our list of suburbs that property investors should look into.
BOOVAL, 4304 has a capital gain of -1.21% for the past year, which is lower than average compared to its 23.95% growth within a five-year period.
With the median home price in BOOVAL sitting at $326,000, and the average rent at $300, property owners could potentially earn a 4.79% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BOOVAL are low, as opposed to average gains per annum over the past five years.
BOOVAL, 4304 in QLD belongs to the local government area of Ipswich (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $326,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.31% | N/A |
| Median 12 month | -1.21% | N/A |
| Median 3 years | 13% | N/A |
| Median 5 years | 23.95% | N/A |
| 10 years average annual | 1.31% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 102.6 days | N/A |
| Gross Rental Yield Percent | 4.79% | N/A |
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