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North Booval suburb profile

North Booval is a suburb situated in the City of Ipswich, Queensland, offering a blend of suburban tranquility and convenient access to urban amenities. Located approximately 40km west of Brisbane, it is part of a region known for its rich history and community spirit. North Booval is characterized by its residential areas, local parks, and proximity to the Bremer River, providing residents with opportunities for outdoor activities. The suburb benefits from its closeness to Ipswich CBD, offering shopping, dining, and educational facilities. With its affordable housing and family-friendly environment, North Booval appeals to a diverse range of residents seeking a peaceful yet connected lifestyle.

North Booval property market performance

Property growth+23.3%Past 12 months

North Booval's property market has experienced significant growth over the past 12 months, with house values soaring by 27.2%. The current median house price stands at $827,500, indicating strong demand in the area. However, the unit market remains inactive, with no change in median value and no sales recorded.

Sales activity for houses has been moderate, with 14 houses sold over the past 12 months. Houses are selling quickly, with a median of just 13 days on the market, highlighting a competitive market environment. In contrast, the unit market shows no activity, with no units sold or listed.

The rental market for houses in North Booval has also seen growth, with average rents increasing by 7.1% over the last 12 months, reaching $525. The unit rental market remains inactive, reflecting the lack of unit sales and listings in the area.

HousesUnits
Median price
Past 3 months
$805KN/A
Change in value
Past 12 months
26.3%N/A
Sold
Past 3 months
153
Median days on market
Past 12 months
12N/A
Average rent
Past 12 months
$538N/A
Change in rent
Past 12 months
7.6%N/A

5 year median price trend for houses and units

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North Booval demographics

North Booval, located in the Ipswich region of Queensland, is a suburb that offers a blend of suburban tranquility and accessibility to urban amenities. With a population of 3,041, it presents a close-knit community atmosphere. The median age of 33 suggests a youthful demographic, likely attracted by the suburb's family-friendly environment and affordable living options.

The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 47.1% of the housing market. This indicates a flexible living arrangement that appeals to both transient residents and those seeking long-term settlement. Additionally, 24.5% of homes are owned outright, while 28.4% are owned with a mortgage, reflecting a stable property market with opportunities for both new buyers and established homeowners.

Family dynamics in North Booval are varied, with couple families with children making up 36.7% of the population, closely followed by couple families without children at 30.7%. One-parent families also form a significant part of the community, comprising 30.6% of families. This diverse family structure contributes to a rich community fabric, supported by local amenities and services that cater to a wide range of needs. Overall, North Booval offers a balanced lifestyle with its mix of affordability, community spirit, and accessibility to the broader Ipswich area.

Suburbs near North Booval

Some popular suburbs near North Booval include:

  • Booval: Known for its convenient shopping facilities and community amenities, Booval is located directly southwest of North Booval.
  • Bundamba: Featuring a mix of residential and industrial areas with a rich history, Bundamba is situated to the east of North Booval.
  • Moores Pocket: Known for its riverside views and tranquil environment, Moores Pocket lies to the west of North Booval.
  • Silkstone: Offering a family-friendly atmosphere with parks and schools, Silkstone is located to the south of North Booval.
  • East Ipswich: Known for its heritage homes and proximity to the Ipswich CBD, East Ipswich is situated to the west of North Booval.

How does North Booval compare to nearby suburbs?

  • Median house prices: North Booval’s median house price is 6.3% higher than Booval’s.
  • House price growth: Over the past 12 months, house prices in North Booval have grown 5.1% higher than in Bundamba.
  • Unit price growth: Over the past 12 months, unit prices in North Booval have grown 10.8% higher than in Booval.
  • Selling speed for houses: Properties in North Booval are selling 69.2% faster than in Moores Pocket.

Choose the right real estate agents in North Booval

There are 52 real estate agents in North Booval, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 24.7% of all sales in the past year.

Commission rates in North Booval typically range from 2.38% to 3.17%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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