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Boronia Heights, QLD 4124

Home » QLD Real Estate Data » Logan City, QLD » Boronia Heights, QLD 4124

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Boronia Heights, QLD 4124 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Boronia Heights, QLD 4124”

  1. The total adult population (15 years or older) of Boronia Heights 4124 QLD is 6,323, with a median age of 34. Of those, 39.14% are married, 15.18% are divorced or separated, 39.71% are single and 5.95% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $6,472. The median monthly mortgage repayment for households in this suburb is $1,500 which is 23.18% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Boronia Heights, postcode 4124, nestled in sunny Queensland, has an estimated composition of 3231 households. As we step into Q3 of 2023, typical property prices for houses in Boronia Heights are sitting at a comfortable $599,393. Boasting a median weekly rent of $460, these homes are producing an indicative yield of approximately 3.99%, just above the desired baseline for cashflow-focused property investors.

    The suburb is not without merit, sporting an IRSAD score of 894 out of a possible 1217, painting a picture of a suburb that is socio-economically sound. The renter to owner ratio, however, is somewhat heightened at approximately 40%, showing a potentially competitive market for landlords and investors. On the up-side, the units to houses ratio is promisingly low at 2%, suggesting opportunities to target stable, long-term tenancy periods with families.

    An affordability index of 36 years may dampen spirits somewhat, indicating the local market is less accessible for prospective homeowners, thus potentially increasing the pool of potential tenants. In terms of supply, Boronia Heights keeps within moderate ranges, with a Stock on the Market Percentage of about 0.71% for houses, and an inventory level sitting just above the desirable level at 2.24 months, indicating a relatively balanced market. Interestingly, the building approvals Ratio steps a bit higher at 2.3%, hinting at an increased supply of new dwellings in the near future.

    Dipping into demand indicators, we see that the average number of days a house in Boronia Heights stays on the market is 62, characterising it as a somewhat neutral market demand-wise. The relatively low vacancy rate of 1.02% suggests a decent demand amongst renters. Unfortunately, the buy search index for houses takes a bit of a hit at 3, suggesting a limited demand.

    In conclusion, Boronia Heights proves to be a diverse suburb with statistically interesting dynamics at play in Q3 of 2023. It manages to combine elements of affordability, sound socio-economic status and a reasonable supply-demand balance. It’s important for astute investors to continue monitoring these variables and trends as fluctuations in the market are inevitable. For a comprehensive and simplified overview, consider using the RCS metric developed by HtAG Analytics that harmonises these factors in an accessible format.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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