Could North Booval be the Best area to buy in Ipswich? Read the Best buyer’s agent in Ipswich suburb report on North Booval to find out!
Overview
North Booval offers a unique blend of affordability and lifestyle appeal, making it an attractive option for families, first-home buyers, and investors. Located in Ipswich, this suburb combines easy access to essential amenities with the charm of a suburban community. Its proximity to major hubs like Brisbane and Ipswich CBD enhances its connectivity while maintaining a quiet and family-friendly environment.
Suburb Snapshot
- Median House Price (2024): $531,000
- Annual Growth (2024): 19.3%
- Location Attributes:
- Brisbane CBD: 36 km (Approx. 40 minutes’ drive)
- Ipswich CBD: 4.7 km (Approx. 7 minutes’ drive)
- Springfield Central: 20 km (Approx. 25 minutes’ drive)
- Gold Coast CBD: 108 km (Approx. 1.5 hours’ drive)
Demographics
Based on the 2021 Australian Bureau of Statistics (ABS) data:
- Population: Approximately 3,175
- Median Age: 36 years
- Housing Types: Predominantly detached houses, catering to families and professionals.
Property Market Overview
Houses:
- Median Price: $531,000
- Median Weekly Rent: $500
- Rental Yield: 5.1%
- Notable Recent Sales:
- 12 Albert Street: $545,000 (October 2024)
- 8 Booval Road: $560,000 (September 2024)
- 22 River Street: $530,000 (August 2024)
Units:
- Median Price: $419,240
- Median Weekly Rent: $420
- Rental Yield: 5.2%
Long-Term Growth:
North Booval has demonstrated consistent growth, with the median house price rising from $206,000 in 2006 to $531,000 in 2024. This represents an annual growth rate of approximately 5.4% over the past 18 years, reflecting its enduring appeal among buyers and investors. Significant growth spurts occurred in 2022 (31.2%) and 2024 (19.3%), driven by infrastructure developments and increased buyer demand.
Vacancy Rates:
- Vacancy rate as of November 2024: 1.8%
Education Options
- Primary Schools:
- North Booval State School
- Sacred Heart Primary School
- Secondary Schools:
- Ipswich Grammar School
- Child Care Centres:
- North Booval Early Learning Centre
- Three additional centres listed on Toddle and CareforKids.
Lifestyle and Amenities
- Shopping: Riverlink Shopping Centre and local convenience stores.
- Parks and Recreation:
- Sutton Park for family outings.
- Local walking and cycling tracks.
- Cultural Highlights:
- Proximity to Ipswich’s cultural hub, including museums and heritage sites.
Health and Wellbeing
- Closest Hospitals:
- Ipswich General Hospital (7 minutes’ drive)
- St Andrew’s Ipswich Private Hospital (10 minutes’ drive)
- Local Healthcare: GP clinics, pharmacies, and dental services readily available within the suburb.
Community and Employment
North Booval boasts a tight-knit community with active participation in local events and activities. Key employment sectors include healthcare, education, and retail, with many residents commuting to Ipswich or Brisbane CBD for work.
Recent and Planned Developments
- Ipswich Motorway Upgrade: Enhancing connectivity to Brisbane and Springfield, expected completion by 2025.
- Booval Railway Station Upgrade: Improved facilities and increased capacity for daily commuters, scheduled 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 | 3,175 |
| Median House Price (2024) | $531,000 |
| Median Weekly Rent (Houses) | $500 |
| Rental Yield (Houses) | 5.1% |
| Education Facilities | 4 Schools, 4 Childcare Centres |
| Transport Access | Rail and Road |
Ipswich Buyer’s Agent Introduction
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Conclusion: Why Choose North Booval?
North Booval’s combination of affordability, growth potential, and lifestyle amenities makes it an excellent choice for families, professionals, and investors alike. With proximity to Ipswich CBD, schools, and recreational facilities, this suburb offers a balanced lifestyle and strong investment opportunities.
Ready to make North Booval your next destination? Contact us today to begin your journey!