Boonah vs Leichhardt
Property investment comparison - Boonah, QLD 4310 vs Leichhardt, QLD 4305
Head-to-head across core investment metrics: Boonah wins 2, Leichhardt wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Boonah | Leichhardt |
|---|---|---|
| Median house price | $755K | $755K |
| Median unit price | - | - |
| Gross rental yield (houses) | - | 3.70% |
| Gross rental yield (units) | 4.16% | 3.85% |
| 1-year house growth | +9.5% | +17.1% |
| 3-year house growth | +49.0% | +79.6% |
| Vacancy rate | 0.3% | 0.8% |
| Population | 2,557 | 4,471 |
Boonah vs Leichhardt: what the numbers say
Houses cost about the same in both suburbs: the median house price is $755K in Boonah and $755K in Leichhardt.
Over the past year house prices moved +9.5% in Boonah and +17.1% in Leichhardt, so recent momentum favours Leichhardt, although both suburbs recorded growth.
Looking back three years, Boonah houses are +49.0% and Leichhardt houses +79.6%, so Leichhardt has compounded faster than Boonah over the longer window.
Rental vacancy is 0.3% in Boonah and 0.8% in Leichhardt, so landlords in Boonah face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Leichhardt is the bigger suburb, with a population of 4,471 against 2,557, larger than Boonah; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Leichhardt for recent price momentum, Boonah for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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