Could Booval be the Best area to buy in Ipswich? Read the Best buyer’s agent in Ipswich suburb report on Booval to find out!
Overview
Booval offers a mix of suburban charm and convenient amenities, making it a popular choice for families, investors, and first-home buyers. Situated close to Ipswich CBD, the suburb boasts excellent connectivity, vibrant shopping options, and a strong community feel. Its ongoing growth and affordability make it a prime spot for property investment and lifestyle living.
Suburb Snapshot
- Median House Price (2024): $600,000
- Annual Growth (2024): 19.2%
- Location Attributes:
- Brisbane CBD: 36 km (Approx. 40 minutes’ drive)
- Ipswich CBD: 3.5 km (Approx. 6 minutes’ drive)
- Springfield Central: 22 km (Approx. 20 minutes’ drive)
- Gold Coast CBD: 90 km (Approx. 1 hour 20 minutes’ drive)
Demographics
Based on the 2021 Australian Bureau of Statistics (ABS) data:
- Population: Approximately 3,200
- Median Age: 38 years
- Housing Types: Predominantly detached houses with a mix of older and modern builds.
Property Market Overview
Houses:
- Median Price: $600,000
- Median Weekly Rent: $465
- Rental Yield: 4.0%
- Notable Recent Sales:
- 14 Brisbane Road: $625,000 (November 2024)
- 30 Station Street: $590,000 (October 2024)
- 8 South Street: $605,000 (September 2024)
Units:
- Median Price: $400,000
- Median Weekly Rent: $395
- Rental Yield: 5.1%
Long-Term Growth:
Booval’s property market has seen consistent growth, with the median house price increasing from $213,500 in 2006 to $600,000 in 2024. This represents an annual growth rate of approximately 6.3% over the past 18 years. Significant growth spikes were noted in 2021 (31.8%) and 2024 (19.2%), driven by rising demand and local infrastructure upgrades.
Vacancy Rates:
- Vacancy rate as of November 2024: 1.7%
Education Options
- Primary Schools:
- Sacred Heart Primary School
- Booval State School
- Secondary Schools:
- Bremer State High School
- Child Care Centres:
- Booval Early Learning Centre
- Two additional centres listed on Toddle and CareforKids.
Lifestyle and Amenities
- Shopping: Booval Fair Shopping Centre, local markets, and specialty stores.
- Parks and Recreation:
- Cameron Park and walking trails along the Bremer River.
- Cultural Highlights: Proximity to Ipswich Art Gallery and historical sites.
Health and Wellbeing
- Closest Hospitals:
- Ipswich General Hospital (7 minutes’ drive)
- St Andrew’s Ipswich Private Hospital (9 minutes’ drive)
- Local Healthcare: Access to GPs, pharmacies, and dental clinics within a short distance.
Community and Employment
Booval is known for its welcoming community spirit, with frequent local events and activities. Key employment sectors include retail, education, and healthcare, supported by its proximity to major commercial hubs like Ipswich and Brisbane CBD.
Recent and Planned Developments
- Booval Railway Station Revamp: Enhanced commuter facilities, slated for completion in 2025.
- Cunningham Highway Upgrades: Improvements to traffic flow and connectivity, projected for 2026.
For more development projects in Ipswich, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Data |
|---|---|
| Population | 3,200 |
| Median House Price (2024) | $600,000 |
| Median Weekly Rent (Houses) | $465 |
| Rental Yield (Houses) | 4.0% |
| Education Facilities | 3 Schools, 3 Childcare Centres |
| Transport Access | Rail and Road |
Ipswich Buyer’s Agent Introduction
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Conclusion: Why Choose Booval?
Booval combines suburban charm, affordability, and excellent connectivity, making it a desirable suburb for families, professionals, and investors. With ongoing growth, local amenities, and proximity to Ipswich and Brisbane, Booval continues to offer great value and potential.
Ready to make Booval your next destination? Contact us today to begin your journey!