Barellan Point is a small community in Queensland within the Ipswich local government area (postcode 4306). With a population of 1,173, the suburb has an established family demographic with a median age of 43. Households earn a median income of $115K 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 +3.5% 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 professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
The median house price in Barellan Point is $1.1 million, broadly unchanged over the past year. The median weekly rent is $398 (Census 2021). This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $1,935.
The crime rate in the Ipswich LGA is moderate at 6,631 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 1.9% (low yield). Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 9.3x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +3.5% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.