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Median values are calculated based on data over a 12 month period.

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Market Report

Boronia has 268 houses available for sale. The median property price for a house is currently 850,000 with annual capital growth of 3.03 . There were 234 house sales in the past 12 months. On average, houses spend 24 days on market.

If you're thinking about buying an investment property in Boronia, consider that rental yields for houses are currently 3.51 with an average median rent of 550 weekly. Houses have seen -0.58 growth in the past quarter, and 3.03 growth in the past 12 months.

The size of Boronia is approximately 11.3 square kilometres. It has 36 parks covering nearly 7.8% of total area. The population of Boronia in 2011 was 20,825 people. By 2016 the population was 22,190 showing a population growth of 6.6% in the area during that time. The predominant age group in Boronia is 30-39 years.

Households in Boronia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boronia work in a professional occupation. In 2011, 73.1% of the homes in Boronia were owner-occupied compared with 70.8% in 2016.

Boronia has 256 units available for sale. The median property price for a unit is currently 661,000 with annual capital growth of 4.59 . There were 257 unit sales in the past 12 months. On average, units spend 20 days on market.

If you're thinking about buying an investment property in Boronia, consider that rental yields for units are currently 4.14 with an average median rent of 505 weekly. Units have seen 0.69 growth in the past quarter, and 4.59 growth in the past 12 months.

The size of Boronia is approximately 11.3 square kilometres. It has 36 parks covering nearly 7.8% of total area. The population of Boronia in 2011 was 20,825 people. By 2016 the population was 22,190 showing a population growth of 6.6% in the area during that time. The predominant age group in Boronia is 30-39 years.

Households in Boronia are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boronia work in a professional occupation. In 2011, 73.1% of the homes in Boronia were owner-occupied compared with 70.8% in 2016.

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Key Market Data House Unit
Median price 850,000 661,000
Quarterly growth -0.58 +0.69
12-month growth +3.03 +4.59
Average annual growth +5.35 +4.28
Weekly median rent 550 505
Gross rental yield 3.51 4.14
Number of Sales (12m) 234 257
Avg. Days on Market (12m) 24 20
Jump to Market Trends
Key Demographics 2011 2016
Total population 20,825 22,190
Population change (5y) +1.85 +6.60
Median household income (p/w) 1,174 1,326
Household income change (5y) +18.83 +12.95
Median age of persons 38 38
Jump to Demographics Trends
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