Brookwater is a smaller suburb in Queensland within the Ipswich local government area (postcode 4300). It is home to about 2,902 residents, with an established family demographic and a median age of 38. Households earn a median income of $189K per year, with an average household size of 3.2 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, managers, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Scottish.
The median house price in Brookwater is $1.1 million, broadly unchanged over the past year. The current median weekly rent is $900. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $2,615.
Public transport access includes 2 rail stations, 13 bus stops. The crime rate in the Ipswich LGA is moderate at 6,631 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.4% (moderate yield). Property prices are near the state median ($1.1M/$1.1M). The price-to-income ratio of 5.6x is considered affordable. 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.