Located in Queensland within the Ipswich local government area, Bellbird Park is a moderately sized suburb (postcode 4300). With a population of 9,191, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $91K per year, with an average household size of 2.9 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, community & personal service, technicians & trades. Employment in the area leans toward healthcare and manufacturing. The top ancestries reported are English, Australian, Scottish.
Median house prices in Bellbird Park stand at $690,000, having surged by 10.3% over the last twelve months. Units have a median price of $425,000 (+29.4% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,700.
Bellbird Park is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 957, which is around the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Ipswich LGA is moderate at 6,631 incidents per 100,000 population.
Looking at the investment signals, Bellbird Park shows a gross rental yield of approximately 4.4%, rated as moderate yield. Property prices sit below the state median ($690K/$1.1M), which can point to relative value. The price-to-income ratio of 7.6x is considered moderate. House prices have moved +10.3% 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.