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Suburb Insights ยท QLD 4304

North Booval 4304, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

North Booval is an outer-metropolitan suburb of Brisbane, Australia, with a population of approximately 3,041, making it a boutique locality. Located approximately 27 km from the Brisbane CBD, North Booval is a outer metro area in Queensland. The median household income is $69,004 AUD per year (ABS 2021 Census).

Investment Score

54 / 100 Moderate

Household earnings in North Booval are below the state average, which may affect long-term capital growth.

Location

Map shows North Booval, Queensland, Australia.

Key Indicators

Postcode
4304

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

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Population
3,041

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$295/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$69,004/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
27 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) 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 based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,300/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
79% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

North Booval's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $295/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,300/month. 79% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in North Booval over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Expect competitive but not exceptional rental returns in North Booval's current market.

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Renovation / Flip

Limited buyer depth in North Booval makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a North Booval property

Full Property Analysis

30-year projections for North Booval

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Price movement in North Booval is expected to be flat to modest in 2026, reflecting broader regional market conditions. Tenants in North Booval have options โ€” presenting well-maintained properties is key to minimising vacancy. North Booval offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is North Booval a good suburb for investment?

North Booval is a outer metro area in Queensland with a population of 3,041. The median rent is $295/week and the median household income is $69,004/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in North Booval?

Key demand drivers in North Booval include affordability relative to inner suburbs and expanding infrastructure. 79% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of North Booval?

According to the ABS 2021 Census, North Booval has a population of approximately 3,041. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is North Booval from the Brisbane CBD?

North Booval is approximately 27 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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