Karalee is a mid-sized suburb in Queensland within the Ipswich local government area (postcode 4306). With a population of 5,521, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $133K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Karalee is $965,000, having surged 18.4% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,133.
Karalee is served by 1 school, including 1 primary. The average ICSEA score is 1041, which is around the national average of 1,000. The crime rate in the Ipswich LGA is moderate at 6,690 incidents per 100,000 population.
From an investment perspective, Karalee offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($965K/$1.1M). The price-to-income ratio of 7.3x is considered moderate. House prices have moved +18.4% year-on-year.
Karalee is a mid-sized suburb in Queensland within the Ipswich local government area (postcode 4306). With a population of 5,521, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $133K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Karalee is $965,000, having surged 18.4% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,133.
Karalee is served by 1 school, including 1 primary. The average ICSEA score is 1041, which is around the national average of 1,000. The crime rate in the Ipswich LGA is moderate at 6,690 incidents per 100,000 population.
From an investment perspective, Karalee offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($965K/$1.1M). The price-to-income ratio of 7.3x is considered moderate. House prices have moved +18.4% year-on-year.