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Booval suburb profile

Booval is a charming suburb located in the city of Ipswich, Queensland, approximately 40km west of Brisbane. Known for its convenient location and friendly community, Booval offers a mix of residential, commercial, and recreational spaces. The suburb is home to the Booval Fair Shopping Centre, providing residents with a variety of retail and dining options. With its proximity to public transport, including the Booval railway station, it offers easy access to both Ipswich and Brisbane. Booval's blend of heritage homes and modern amenities makes it an appealing choice for families and professionals seeking a balanced lifestyle.

Booval property market performance

Current median dwelling price$615,000Past 3 months

Property growth+39.3%Past 12 months

Booval's property market has experienced significant growth over the past 12 months, with house values soaring by 26.5%. The current median house price stands at $809,500. Although unit values have surged by 49.3%, the median unit price remains at $0, indicating limited sales data for units.

Sales activity has been moderate, with 26 houses and 5 units sold over the past 12 months. Houses are selling quickly, with a median of just 13 days on the market, while units are moving even faster at 11 days, reflecting strong demand.

The rental market in Booval has seen a 6.4% increase in average rent for houses, now at $500 per week. However, there has been no change in unit rents, which remain at $0, suggesting a lack of available rental units in the area.

HousesUnits
Median price
Past 3 months
$758KN/A
Change in value
Past 12 months
29.0%49.7%
Sold
Past 3 months
204
Median days on market
Past 12 months
1011
Average rent
Past 12 months
$500N/A
Change in rent
Past 12 months
6.4%N/A

5 year median price trend for houses and units

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Booval demographics

Booval, located in the Ipswich region of Queensland, is a suburb that offers a blend of suburban tranquility and convenient access to urban amenities. With a population of 2,723, Booval is characterized by its mature demographic, as indicated by a median age of 43. This suggests a community with a significant number of long-term residents and families who appreciate the suburb's established environment and community feel.

The suburb's household income is modest, with a median total household income of $994 per week, reflecting its appeal to families and individuals seeking affordable living options. Housing in Booval is diverse, with a notable proportion of properties being rented, accounting for 53.9% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to both transient residents and those who prefer not to commit to home ownership.

Family structures in Booval are varied, with couple families with children making up 28.5% of the population, while couple families without children account for 36.9%. One-parent families also form a significant part of the community at 30.5%, highlighting the suburb's family-friendly nature. The mix of property ownership, with 21.2% owned outright and 24.9% owned with a mortgage, suggests a stable community with a balance of long-term homeowners and new buyers entering the market.

Suburbs near Booval

Some popular suburbs near Booval include:

How does Booval compare to nearby suburbs?

  • Median house prices: Booval’s median house price is 5.9% lower than North Booval’s.
  • House price growth: Over the past 12 months, house prices in Booval have grown 6.4% higher than in Silkstone.
  • Selling speed for houses: Properties in Booval are selling 16.7% faster than in North Booval.

Choose the right real estate agents in Booval

In Booval ,60 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 23.3% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.38% and 3.17%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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