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Suburb Insights · QLD 4304

Booval, QLD 4304 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Booval is an outer-metropolitan suburb of Brisbane, Australia, with a population of approximately 2,723, making it a boutique locality. Located approximately 28 km from the Brisbane CBD, Booval is a outer metro area in Queensland. The median household income is $51,688 per year.

Investment Score

37 / 100 Weak

Booval's income profile suggests a value-oriented market with competitive purchase prices.

Location

Brisbane
Booval
Queensland · 4304
28 km from Brisbane CBD
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Key Indicators

Postcode
4304

Official Australia Post postcode for Booval. A postcode may cover multiple suburbs.

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Population
2,723

Usual resident population at the most recent census.

Median weekly rent
$265/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$51,688/yr

Annual median household income (before tax) across all households.

Distance to CBD
28 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,300/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
57% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Booval

Who Booval Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Queensland median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the Queensland median, improving cash-flow margins.
  • Affordable entry point compared with inner-city suburbs.

Cons

  • Transport options are limited — car dependency is likely.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

Booval is a smaller community of 2,723 — about 50% of the Queensland suburb median (5,474) — so investors should factor in the narrower buyer pool and longer average time-on-market. Booval's median household income of $51,688/year is 43% below the Queensland suburb median ($90,298) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Rent of $265/week (88% coverage of the $1,300/month median mortgage) leaves a gap of roughly $152/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 28 km from Brisbane, Booval is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price. Only 57% of dwellings are separate houses (vs 77% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Investment Tip

Outer-metro suburbs reward careful property selection — aim for homes near infrastructure rather than generic house-and-land packages. Local rents consume roughly 27% of household income — a useful sanity check on tenant affordability.

Booval vs Queensland Median

How Booval stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Booval sits above the state median; negative means below.

MetricBoovalQLD medianΔ vs state
Population2,7235,474-50%
Median household income$51,688/yr$90,298/yr-43%
Median rent (weekly)$265$385-31%
Median mortgage (monthly)$1,300$1,733-25%
Distance to CBD28 km62 km-55%
Separate houses57%77%-20pp

Investor Checklist

Pre-inspection briefing for Booval — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 2,723 means liquidity is thin and capital growth tends to lag the wider Queensland market over full cycles.

Rental Yield

Strong rental coverage: $265/week (~$1,148/month) covers 88% of the $1,300/month median mortgage repayment, so the shortfall sits at just $152/month. Investors targeting positive cash flow should shortlist this suburb.

Renovation / Flip

Only 57% of dwellings are separate houses (vs 77% QLD median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Booval property

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30-year projections for Booval

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Booval are modest for 2026 — incomes 43% below the QLD median of $90,298 and a population of 2,723 suggest gains will lag headline metro markets. Rental coverage runs at ~88% of the typical mortgage ($1,148/month rent vs $1,300/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 37/100 places Booval in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Booval a good suburb for investment?

Booval scores 37/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 2,723, median household income of $51,688/year and median weekly rent of $265. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Booval?

The main demand drivers in Booval are a median household income of $51,688/year, a dwelling mix that is 57% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Booval?

Booval has a usual resident population of approximately 2,723, compared with a Queensland suburb median of 5,474 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Booval from the Brisbane CBD?

Booval sits 28 km straight-line from the Brisbane CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.

What is the median rent in Booval?

The most recent census recorded a median weekly rent of $265 in Booval, equating to approximately $13,780/year in gross rental income (state median $385/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Booval?

The median monthly mortgage repayment in Booval is $1,300, or approximately $15,600/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Booval cash-flow positive for investors?

A median weekly rent of $265 works out to $1,148/month, covering 88% of the median mortgage repayment of $1,300/month. That leaves a $152/month shortfall (around $1,824/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Booval?

The main risks are a thin buyer pool (2,723 residents), interest-rate sensitivity on the $1,300 median mortgage, below-median household incomes ($51,688 vs $90,298 state median), the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Booval profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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