Karrabin is a small, quiet locality in Queensland within the Ipswich local government area (postcode 4306). With a population of 416, the suburb has an established demographic with a median age of 42. Households earn a median income of $102K per year, with an average household size of 2.8 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, technicians & trades, managers. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, German.
The median weekly rent is $300 (Census 2021). The median monthly mortgage repayment is $1,624.
Karrabin is served by 1 school, including 1 combined. The average ICSEA score is 1072, which is above the national average of 1,000. Public transport access includes 1 rail station. The crime rate in the Ipswich LGA is moderate at 6,631 incidents per 100,000 population.
From an investment perspective, 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.