Teralba vs Boolaroo
Boolaroo (median $1,000,000) is roughly 0% cheaper to buy into than Teralba ($1,002,500). Over the past year, Teralba (+12.7%) ran 1.0 percentage points ahead of Boolaroo (+11.7%) on house-price growth.
Buying in Teralba or Boolaroo?
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Teralba and Boolaroo side by side
| Measure | Teralba | Boolaroo |
|---|---|---|
| Price and market | ||
| Median house | $1,002,500 | $1,000,000 |
| Median unit | $302,400 | $302,400 |
| House price change, 12 months | +12.7% | +11.7% |
| Renting | ||
| House rent | $750/wk | $750/wk |
| Unit rent | $530/wk | $530/wk |
| Owner occupied | 75.0% | 64.0% |
| Renter occupied | 22.0% | 28.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 981 | 990 |
| Lifestyle and people | ||
| Walk score | 4 | 6 |
| Transit score | 20 | 0 |
| Bike score | 100 | 100 |
| Population | 2,654 | 1,636 |
| Median age | 37 | 39 |
| Climate | ||
| Annual rainfall | 1082 mm | 1140 mm |
| Mean max, January | 28.6°C | 28.3°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Boolaroo scores higher on walkability (4/100 vs 6/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Boolaroo (990) sits above Teralba (981). Teralba skews owner-occupied (75%), Boolaroo runs more rental-dense (64% owner).
- For buyers
- Boolaroo is the lower entry point at $1,000,000 median, 0% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Boolaroo delivers the better gross yield (3.90% vs 3.89%), but Teralba has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Boolaroo edges out on average school ICSEA (990 vs 981).
Teralba vs Boolaroo: common questions
Is Teralba or Boolaroo cheaper to buy in?
Boolaroo has the lower median house price at $1,000,000, roughly 0% below Teralba ($1,002,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Teralba or Boolaroo?
Over the past 12 months, Teralba grew +12.7% vs +11.7% in Boolaroo, a gap of 1.0 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Teralba or Boolaroo have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Boolaroo scores 990 vs 981 in Teralba. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Teralba or Boolaroo?
Boolaroo scores 6/100 on walkability vs 4/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Teralba or Boolaroo?
Gross rental yield on houses is 3.90% in Boolaroo vs 3.89% in Teralba. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
The two suburbs
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