Boynedale vs Home Hill
Property investment comparison - Boynedale, QLD 4680 vs Home Hill, QLD 4806
Head-to-head across core investment metrics: Boynedale wins 1, Home Hill 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 | Boynedale | Home Hill |
|---|---|---|
| Median house price | $380K | $375K |
| Median unit price | - | - |
| Gross rental yield (houses) | 7.83% | 4.58% |
| Gross rental yield (units) | - | 2.55% |
| 1-year house growth | - | - |
| 3-year house growth | - | - |
| Vacancy rate | 2.3% | 0.4% |
| Population | 13 | 2,876 |
Boynedale vs Home Hill: what the numbers say
The median house price is $380K in Boynedale and $375K in Home Hill, so Home Hill is the cheaper entry point, with Boynedale houses about 1% dearer.
On cash flow, Boynedale leads: houses there return a gross rental yield of 7.83%, compared with 4.58% in Home Hill, a gap of 3.25 percentage points.
Rental vacancy is 0.4% in Home Hill and 2.3% in Boynedale, so landlords in Home Hill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Home Hill is the bigger suburb, with a population of 2,876 against 13, roughly 221 times the size of Boynedale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Boynedale for rental income, Home Hill for a lower purchase price, Home Hill 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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