Located in Queensland within the Ipswich local government area, Gailes is a small locality (postcode 4300). With a population of 1,831, the suburb has a blend of families and working-age professionals with a median age of 35. Households earn a median income of $59K per year, with an average household size of 2.5 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 labourers, technicians & trades, community & personal service. Employment in the area leans toward healthcare and manufacturing. The top ancestries reported are English, Australian, Irish.
The median house price in Gailes is $860,000, broadly unchanged over the past year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,213.
Public transport access includes 3 bus stops. The crime rate in the Ipswich LGA is moderate at 6,631 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 3.3%, which reads as moderate yield. Property prices are near the state median ($860K/$1.1M). The price-to-income ratio of 14.5x is considered stretched. 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.