Located in Queensland within the Goondiwindi local government area, Inglewood is a close-knit residential community (postcode 4387). With a population of 936, the suburb has an older-leaning population with a median age of 49. Households earn a median income of $50K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% 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, machinery operators & drivers, managers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Irish.
Median house prices in Inglewood stand at $230,000, having climbed sharply by 17.9% over the last twelve months. The current median weekly rent is $360. This gives a gross rental yield of approximately 8.1%. The median monthly mortgage repayment is $867.
Inglewood is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 910, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Goondiwindi LGA is moderate at 7,152 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 8.1% (high yield). Property prices sit below the state median ($230K/$1.1M), which can point to relative value. The price-to-income ratio of 4.6x is considered affordable. House prices have moved +17.9% year-on-year. Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.