Real Estate Boorolite Vic 3723

Real Estate Market: Is Boorolite VIC 3723 a Good Suburb to Buy Into?

Housing Market in Boorolite

Key Boorolite Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

	Field	Value	VS Hume	Trend
	Capital Growth Forecast: Houses	Premium	Premium	Premium
	Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium

Housing Supply in Boorolite

Boorolite Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Boorolite

40.6%

Hume

36.0%

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Suburbs

Field	Value	VS Hume	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	1	Top 44%	to Mar 2025

Housing Stock Quality in Boorolite

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023

Field	Value	VS Hume	Trend
Houses	100.0%	Top 31%	Data for Jan 2021
Average bedrooms - all homes	2.6	Top 39%	100% to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Boorolite

Boorolite Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023

Boorolite

17.9%

Hume

25.1%

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Suburbs

	Field	Value	VS Hume	Trend
	Heritage overlay total area	0.0 sq km	Bottom 18%	Data for Jun 2023

Risk in Boorolite

Boorolite Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Boorolite

43.4%

Hume

47.6%

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Suburbs

Field	Value	VS Hume	Trend
Housing Affordability Index	37	Top 36%	Data for Jun 2023
Rent Affordability Index (Houses)	76	Bottom 34%	Data for Jun 2023
Rent Affordability Index (Units)	72	Bottom 30%	Data for Jun 2023
Mortgage as a percent of income	24.4%	Top 37%	6% to Jan 2021

Housing Demand in Boorolite

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Boorolite

35.0%

Hume

49.4%

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Suburbs

Field	Value	VS Hume	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	13000	Top 46%	23% to Dec 2036
Historical Population (SA3)	61200	Bottom 46%	31% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	10500	Bottom 44%	56% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Boorolite

Boorolite Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Hume	Trend
Capital Growth Forecast: Units	Premium	Premium	Premium
Capital Growth Forecast: Units (2-Year Outlook)	Premium	Premium	Premium
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$332	Bottom 6%	50% to Feb 2025
Smart median sale price: All units	Premium	Premium	Premium

LGA Details (1)

Headline	Place	Datetime
Local government area	Mansfield

Median House Rental Prices by Street (1)

Street	Date	Median rent (per week)
Wairere Rd	03 Apr 2025	$425

Percent of Renters by Street (10)

Percent of Renters	Street
5.9%	Chapel Hill Rd
0.0%	Ashwin Rd
6.0%	Killarney Ln
0.0%	Danshill Ln
0.0%	Desmonds Rd

Turnover Rate by Street (9)

Turnover rate	Street	Turnover Label	Turnover Years	Year
50.0%	Killarney Ln	very tightly held	Every 20.0 years (very tightly held)	2025
73.3%	Wairere Rd	average turnover	Every 13.6 years (average turnover)	2025
60.0%	Shanks Ln	quite tightly held	Every 16.7 years (quite tightly held)	2025
100.0%	Ashwin Rd	high turnover	Every 10.0 years (high turnover)	2025
110.0%	Three Chain Rd	very high turnover	Every 9.1 years (very high turnover)	2025

Planning Applications: Other (2)

Headline	Place	Date
Limited Licence - Renewable - Victorian Commission for Gambling and Liquor Regulation 70273A01	221 Wairere Road, Boorolite 3723, VIC	09 Sep 2021
Amend the common boundary between existing lots 6 & 7 - Streamlined Planning through Electronic Applications and Referrals S174924C	315 Wairere Road, Boorolite VIC 3723	10 May 2021

Recently Sold Houses (13)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
145 Desmonds Rd	$2,400,000	3.0	2.0	11.0	18 Dec 2024	On Market
145 Desmonds Rd	Price Withheld	3.0	2.0	11.0	18 Dec 2024	On Market
534 Three Chain Rd	Price Withheld	4.0	2.0	6.0	08 Dec 2022	On Market
75 Killarney Ln	$1,500,000	5.0	4.0	5.0	19 Oct 2021	On Market
156 Killarney Ln	$1,756,100	3.0	2.0	2.0	20 Sep 2021	On Market

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
41 Wairere Rd	$450	4	1	2	19 Mar 2025
41 Wairere Rd	$450	4	1	2	19 Mar 2025
41 Wairere Rd	$450	4	1	2	19 Mar 2025
41 Wairere Rd	$450	4	1	2	19 Mar 2025
41 Wairere Rd	$450	4	1	2	19 Mar 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
145 Desmonds Rd	$2,400,000				18 Dec 2024	On Market
145 Desmonds Rd	$2,400,000				18 Dec 2024	On Market
145 Desmonds Rd	$2,400,000				18 Dec 2024	On Market
534 Three Chain Rd	Price Withheld	4.0	2.0	6.0	08 Dec 2022	On Market
534 Three Chain Rd	Price Withheld	4.0	2.0	6.0	08 Dec 2022	On Market