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Boonah, QLD 4310

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$755,000

market range $700K-$875K

Median Unit

$500,000

list-price estimate

Gross Yield (units)

4.2%

1yr Growth (houses)

+9.5%

market range +7.5% to +15.0%

Investment snapshot for Boonah

Boonah has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Boonah market and investor summary

Boonah (QLD 4310) runs a median house price of $755K. House prices have moved +9.5% over the past year and +49.0% over three years. At 0.3% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking.

Living in Boonah: people, income and schools

About 2,557 people live in Boonah, a number that has held fairly steady over five years. The median age is 50, an older, established demographic, and 78% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $54,000 a year, or roughly $1,040 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 14.0 times local household income, so affordability is a genuine constraint on local buyers.

There are 3 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 66 km from the CBD. It is fairly car-dependent; the suburb scores 12 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
2,557
+6% over 5yr
Median age
50 years
Median household income
$54,000/yr
Households renting
17%
Family households
67%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
3
avg ICSEA 985
Unemployment
2.1%
Distance to CBD
66 km
Walk score
12/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Boonah

No properties currently listed in Boonah

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Frequently asked questions about Boonah

What should I check before investing in Boonah?

Boonah has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.2% gives a usable rent-to-price starting point. Capital growth of +9.5% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Boonah?

The median property price in Boonah, QLD 4310 is $755K for houses.

What rental yield does Boonah show?

The gross rental yield in Boonah is 4.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Boonah?

House prices in Boonah are up 9.5% over the past year and up 49.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Boonah?

The current vacancy rate in Boonah is 0.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Boonah?

Boonah has a population of approximately 2,557 residents, with a median age of 50.

What schools are near Boonah?

There are 3 schools within roughly 5km of Boonah. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Boonah affordable to buy in?

A median house in Boonah costs about 14.0 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Boonah's population growing?

The population of Boonah has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Boonah from the CBD?

Boonah is about 66 km from the CBD.

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