Ipswich is a smaller suburb in Queensland within the Ipswich local government area (postcode 4305). With a population of 2,468, the suburb has a mature demographic with a median age of 45. Households earn a median income of $59K per year, with an average household size of 2.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Ipswich is $550,000, having surged 19.4% over the past year. Units have a median price of $385,000 (+24.2% YoY). The current median weekly rent is $310. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,500.
Ipswich is served by 6 schools, including 1 primary, 2 secondary, 1 combined, 2 special. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 2 rail stations, 33 bus stops. Healthcare facilities include 1 public and 2 private hospitals. The crime rate in the Ipswich LGA is moderate at 6,690 incidents per 100,000 population.
From an investment perspective, Ipswich offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($550K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +19.4% year-on-year.
Ipswich is a smaller suburb in Queensland within the Ipswich local government area (postcode 4305). With a population of 2,468, the suburb has a mature demographic with a median age of 45. Households earn a median income of $59K per year, with an average household size of 2.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Ipswich is $550,000, having surged 19.4% over the past year. Units have a median price of $385,000 (+24.2% YoY). The current median weekly rent is $310. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,500.
Ipswich is served by 6 schools, including 1 primary, 2 secondary, 1 combined, 2 special. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 2 rail stations, 33 bus stops. Healthcare facilities include 1 public and 2 private hospitals. The crime rate in the Ipswich LGA is moderate at 6,690 incidents per 100,000 population.
From an investment perspective, Ipswich offers a gross rental yield of 2.9%, rated as low yield. Property prices sit below the state median ($550K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved +19.4% year-on-year.