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Boonah

POSTAL CODE: QLD, 4310
HOUSE

Property investors enjoyed capital gains of 7.35% over the last 12 months in BOONAH, translating to lower returns compared with its peers in QLD.

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

The suburb posted a 53.68% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

On average, rents on listings have reached the $600 mark, reflecting a 4.27% increase in returns based on the current median price in BOONAH.

BOONAH, 4310 ranks 760th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 223rd on the list of best yielding suburbs for rental properties in QLD, posting a 4.27% return.

Surburb overview

Boonah is a rural town in the Scenic Rim Region of Queensland, situated approximately 86 kilometres southwest of Brisbane's central business district and about 46 kilometres south of Ipswich CBD.

As of the 2021 Census, Boonah had a population of 2,721 residents. The median age was 47 years, indicating a mature demographic. The community is predominantly Australian-born, with 82.3% of residents reporting Australia as their country of birth.

Public transportation in Boonah is limited. Crisps Coaches operates a bus service between Boonah and Brisbane twice a week, with the journey taking approximately 1 hour and 15 minutes. Additionally, Uber services are available in the area, offering residents flexible travel options.

Essential amenities in Boonah include Boonah State School and Boonah State High School, which cater to primary and secondary education, respectively. Healthcare services are provided by Boonah Hospital and the Boonah Medical Centre, offering a range of medical services to the community.

Recreational activities in Boonah encompass several parks and natural attractions. Bicentennial Park and Dugandan Park offer green spaces for relaxation and community events. The nearby Moogerah Peaks National Park and Mount French National Park offer opportunities for hiking and taking in scenic views. Additionally, the Boonah War Memorial and Memorial Park serve as significant historical sites within the town.

Boonah's combination of rural charm, essential services, and access to natural attractions make it a notable locality within the Scenic Rim Region.

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