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Booral vs Nirimba

Property investment comparison - Booral, QLD 4655 vs Nirimba, QLD 4551

Head-to-head across core investment metrics: Booral wins 1, Nirimba wins 3. 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.

MetricBooralNirimba
Median house price$920K$920K
Median unit price$710K-
Gross rental yield (houses)3.66%4.20%
Gross rental yield (units)4.48%-
1-year house growth+5.8%+13.9%
3-year house growth+26.4%+31.8%
Vacancy rate0.8%1.1%
Population1,6362,229

Booral vs Nirimba: what the numbers say

Houses cost about the same in both suburbs: the median house price is $920K in Booral and $920K in Nirimba.

On cash flow, Nirimba leads: houses there return a gross rental yield of 4.20%, compared with 3.66% in Booral, a gap of 0.54 percentage points.

Over the past year house prices moved +5.8% in Booral and +13.9% in Nirimba, so recent momentum favours Nirimba, although both suburbs recorded growth.

Looking back three years, Booral houses are +26.4% and Nirimba houses +31.8%, so Nirimba has compounded faster than Booral over the longer window.

Rental vacancy is 0.8% in Booral and 1.1% in Nirimba, so landlords in Booral face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Nirimba is the bigger suburb, with a population of 2,229 against 1,636, larger than Booral; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Nirimba for rental income, Nirimba for recent price momentum, Booral 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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