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Boondall suburb profile

Boondall is a northern suburb of Brisbane, approximately 15km from the CBD, known for its family-friendly environment and natural attractions. The suburb is home to the Boondall Wetlands, a significant ecological site offering walking and cycling tracks amidst diverse wildlife. Boondall is also recognized for the Brisbane Entertainment Centre, a major venue for concerts and events. With convenient access to public transport, including the Boondall train station, and proximity to major roads, the suburb offers easy connectivity. Its mix of residential options, community facilities, and green spaces make Boondall an appealing choice for families and nature enthusiasts.

Boondall property market performance

Boondall's property market has experienced significant growth over the past 12 months, with house values increasing by 16.9% and unit values surging by 23.2%. The current median house price stands at $925,000, while units are at $712,500, indicating strong demand across both property types.

Sales activity has been robust, with 39 houses and 9 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of just 18 days on the market and units even faster at 9 days, reflecting high buyer interest.

The rental market in Boondall has also seen notable increases, with house rents rising by 8.3% and unit rents by 10.7% over the last year. The average rent for houses is $650, while units average $570, highlighting a competitive rental environment.

Median price - houses$930KPast 3 months

Median price - units$713KPast 3 months

Change in value - houses15.4%12 months

Change in value - units24.5%12 months

Houses sold39Past 3 months

Units sold7Past 3 months

Median DOM - houses18.5Past 12 months

Median DOM - units9Past 12 months

Average rent - houses$650Past 12 months

Average rent - units$473Past 12 months

Change in rent - houses8.3%Past 12 months

Change in rent - units-14.1%Past 12 months

Boondall demographics

Boondall, located in Brisbane's northern suburbs, is a family-friendly area known for its suburban charm and community-oriented lifestyle. With a population of 9,603, Boondall offers a peaceful environment while still being conveniently connected to the city. The median age of 38 suggests a mature community, with many families choosing to settle here due to its balance of urban amenities and suburban tranquility.

The suburb's housing landscape is characterized by a high rate of home ownership, with 31.6% of properties owned outright and 39.9% owned with a mortgage. This indicates a stable community with long-term residents who value the security and investment potential of home ownership. The rental market, comprising 28.6% of properties, provides options for those seeking flexibility, including young professionals and families.

Family life is a significant aspect of Boondall, with 42.1% of households being couple families with children and 38.7% being couple families without children. The presence of one-parent families, making up 17% of the community, highlights the suburb's inclusivity and support for diverse family structures. Boondall's community spirit is further enhanced by local schools, parks, and recreational facilities, making it an attractive choice for families seeking a nurturing environment.

Boondall infrastructure, key developments and investment opportunities

Boondall is experiencing several developments that may impact its property market. The Brisbane Entertainment Centre, a major venue in the suburb, is undergoing upgrades to improve facilities and attract more events. Additionally, there are plans to enhance the Boondall Wetlands with new walking trails and educational facilities, which could increase the area's recreational appeal.

Transportation improvements include upgrades to Boondall train station to increase accessibility. The nearby Gateway Motorway is also undergoing widening works to reduce congestion for commuters. These infrastructure projects, combined with Boondall's proximity to Brisbane Airport and coastal areas, are likely to maintain strong property demand in the suburb.

Boondall rental market trends

The rental market in Boondall has experienced notable growth, with house rents increasing by 8.3% over the past year to $650 per week, while unit rents have risen 10.7% to $570 per week. This suburb's appeal is bolstered by its strategic location and ongoing development, making it an attractive option for both renters and investors seeking promising returns.

Suburbs near Boondall

Some popular suburbs near Boondall include:

Common questions about Boondall

  • Is Boondall a nice place to live?

    Boondall is a delightful suburb that offers a wonderful blend of suburban charm and natural beauty, making it a fantastic place to live. Known for its family-friendly atmosphere, Boondall provides a peaceful environment with a strong sense of community, ideal for those seeking a nurturing place to raise a family. The suburb's proximity to the Brisbane CBD ensures that residents have easy access to urban amenities while enjoying the tranquility of suburban life.

    The vibe in Boondall is relaxed and welcoming, with a focus on community and outdoor living. Families will appreciate the abundance of green spaces and recreational facilities, which provide ample opportunities for outdoor activities and family outings. The suburb is well-served by local amenities, including schools, shops, and cafes, ensuring that daily needs are easily met. Safety is generally not a major concern, contributing to the suburb's appeal for families and long-term residents.

    While Boondall offers a serene lifestyle, it does come with a few trade-offs. The suburb may not have the bustling nightlife or trendy cafes of inner-city areas, but it compensates with its natural attractions and community spirit. The ongoing infrastructure developments, such as improvements to the Boondall train station and the nearby Gateway Motorway, promise to enhance connectivity and reduce travel times, making commuting more convenient for residents.

    Overall, Boondall is a charming suburb that provides a balanced lifestyle with its mix of suburban tranquility and accessibility to city life. It is particularly appealing to families who value a supportive community, access to nature, and the convenience of nearby amenities. Whether you're a young family, a retiree, or anyone in between, Boondall offers a welcoming and pleasant place to call home.

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  • Is it expensive to live in Boondall?

    Living in Boondall can be moderately expensive, especially when considering the housing market. The current median house price is around $925,000, while units are slightly more affordable at $712,500. Renting also comes with a significant cost, with houses averaging $650 per week and units at $570 per week. These figures suggest that housing expenses in Boondall are substantial.

    When comparing the average wage in Boondall, which is approximately $85,000 per year, to the median total household income weekly of $1,887, it becomes clear that a significant portion of income would need to be allocated to housing costs. This is particularly true when you consider the broader Brisbane area, where average incomes might be slightly lower. Therefore, if you're thinking of living in Boondall, it's important to carefully evaluate your financial situation to ensure it aligns with the costs associated with housing in this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Boondall a good place to invest?

    Boondall is showing promising signs as a good place to invest, particularly with its impressive growth in property values over the past year. The suburb has experienced a substantial 16.9% increase in median house values and an even more remarkable 23.2% rise in unit values. This indicates a strong demand for properties in the area, which is a positive signal for potential investors looking for capital growth.

    In addition to the rising property values, Boondall has also seen significant increases in rental prices, with house rents up by 8.3% and unit rents climbing by 10.7% over the last 12 months. This suggests a healthy rental market, making it an attractive option for investors seeking reliable rental income. The combination of strong capital growth and increasing rental yields makes Boondall a suburb worth considering for investment.

    Overall, Boondall's recent performance in both property value and rental growth positions it as a suburb with solid investment potential. Its upward trend in the real estate market reflects a vibrant and appealing area for both buyers and renters, ensuring continued demand and potential returns for investors.

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