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Boonooroo Plains vs One Mile

Property investment comparison - Boonooroo Plains, QLD 4650 vs One Mile, QLD 4305

Head-to-head across core investment metrics: Boonooroo Plains wins 1, One Mile wins 1. 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.

MetricBoonooroo PlainsOne Mile
Median house price$730K$730K
Median unit price--
Gross rental yield (houses)4.15%3.71%
Gross rental yield (units)-4.13%
1-year house growth-+17.8%
3-year house growth-+67.3%
Vacancy rate2.5%0.3%
Population62,038

Boonooroo Plains vs One Mile: what the numbers say

Houses cost about the same in both suburbs: the median house price is $730K in Boonooroo Plains and $730K in One Mile.

On cash flow, Boonooroo Plains leads: houses there return a gross rental yield of 4.15%, compared with 3.71% in One Mile, a gap of 0.44 percentage points.

Rental vacancy is 0.3% in One Mile and 2.5% in Boonooroo Plains, so landlords in One Mile face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

One Mile is the bigger suburb, with a population of 2,038 against 6, roughly 340 times the size of Boonooroo Plains; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Boonooroo Plains for rental income, One Mile for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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