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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Boronia, the median property price for a house is currently 848,000 with annual capital growth of 1.56 . There were 224 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 3.62 with an average median rent of 560 weekly. Houses have seen -0.24 growth in the past quarter, and 1.56 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.
In Boronia, the median property price for a unit is currently 656,500 with annual capital growth of 1.00 . There were 244 unit sales in the past 12 months. On average, units spend 22 days on market.
If you're thinking about buying an investment property in Boronia, consider that rental yields for units are currently 4.18 with an average median rent of 520 weekly. Units have seen -1.06 growth in the past quarter, and 1.00 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 | 848,000 | 656,500 |
| Quarterly growth | -0.24 | -1.06 |
| 12-month growth | +1.56 | +1.00 |
| Average annual growth | +5.33 | +3.60 |
| Weekly median rent | 560 | 520 |
| Gross rental yield | 3.62 | 4.18 |
| Number of Sales (12m) | 224 | 244 |
| Avg. Days on Market (12m) | 24 | 22 |
| 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 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Boronia was 22,190 in 2016, a +6.60 change compared to 2011.
The predominant age group in Boronia is 30-39 years.
The population of Boronia was 22,190 in 2016, a +6.60 change compared to 2011.
The predominant age group in Boronia is 30-39 years.
Most of the population in Boronia were born in Australia.
Most of the population in Boronia were born in Australia.
Most of the population in Boronia report their religion as No Religion.
Most of the population in Boronia report their religion as No Religion.
Most of the population in Boronia report their income range as between 78,000 and 130,000 .
The median household income in Boronia was 1,326 in 2016, a +12.95 change compared to 2011.
Most of the population in Boronia report their income range as between 78,000 and 130,000 .
The median household income in Boronia was 1,174 in 2011, a +18.83 change compared to 2006.
Most of the population in Boronia work as Professional.
Most of the population in Boronia work as Trades.
The chart below demonstrates the various levels of education in Boronia.
The chart below demonstrates the various levels of education in Boronia.
Most of the population in Boronia reached a qualification level of Certificate.
Most of the population in Boronia reached a qualification level of Certificate.
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