Booral (postcode 4655) is a close-knit residential community in Queensland within the Fraser Coast local government area. With a population of 1,636, the suburb has an older-leaning population with a median age of 47. Households earn a median income of $73K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, labourers. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
Booral has a median house price of $780,000, which has grown strongly by 9.9% year-on-year. Units have a median price of $239,000. The median weekly rent is $335 (Census 2021). This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,517.
The crime rate in the Fraser Coast LGA is moderate at 5,491 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 2.2%, which reads as low yield. Property prices are near the state median ($780K/$1.1M). The price-to-income ratio of 10.6x is considered stretched. House prices have moved +9.9% year-on-year. Population growth of +2.1% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.