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 13.9% and unit values surging by 27.3%. The current median house price stands at $911,000, while the median unit price is $707,500, indicating strong demand across both property types.
Sales activity has been robust, with 29 houses and 10 units sold in the past three months. Properties are moving quickly, with houses spending a median of just 17 days on the market and units even faster at 9 days, highlighting a competitive market environment.
In the rental sector, house rents have increased by 4.8% over the last 12 months, with the average rent now at $650. Unit rents have remained stable, with no change over the same period, maintaining an average rent of $495.
Median price - houses$911KPast 3 months
Median price - units$708KPast 3 months
Change in value - houses13.9%12 months
Change in value - units27.3%12 months
Houses sold29Past 3 months
Units sold10Past 3 months
Median DOM - houses17Past 12 months
Median DOM - units9Past 12 months
Average rent - houses$650Past 12 months
Average rent - units$495Past 12 months
Change in rent - houses4.8%Past 12 months
Change in rent - units-13.2%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 modest growth, with house rents increasing by 4.8% over the past year to $650 per week, while unit rents have remained stable at $495 per week. This stability in unit rents, combined with the slight rise in house rents, reflects a balanced market, making Boondall an attractive option for both renters and investors seeking steady returns in a suburban setting.
Suburbs near Boondall
Some popular suburbs near Boondall include: