North Ipswich QLD

Postcode 4305 · Ipswich LGA

North Ipswich is a smaller suburb in Queensland within the Ipswich local government area (postcode 4305). With a population of 4,527, the suburb has an established demographic with a median age of 38. Households earn a median income of $74K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in North Ipswich is $550,000, having surged 22.9% over the past year. Units have a median price of $159,000 (+26.8% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,300.

North Ipswich is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 983, which is around the national average of 1,000. Public transport access includes 40 bus stops. The crime rate in the Ipswich LGA is moderate at 6,690 incidents per 100,000 population.

From an investment perspective, North Ipswich offers a gross rental yield of 5.2%, rated as high yield. Property prices sit below the state median ($550K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +22.9% year-on-year.

INVESTMENT SIGNALS
Rental Yield5.2% High Yield
Price vs State$550K/$1.1M Below Median
Affordability7.4x Moderate
Price Momentum+22.9% Rising
INCOME (ATO 2022-23)
Median Income$56,118
Mean Income$60,329
Earners3,733
YoY Change+5%
SEIFA INDEX (ABS)
Advantage2/10
Education2/10
Economic2/10
Disadvantage2/10
MEDIAN HOUSE
$550K
22.9% YoY
MEDIAN UNIT
$159K
26.8% YoY
MEDIAN RENT /WK
$300
POPULATION
4,527
DEMOGRAPHICS
Median Age38
Household Size2.4
HH Income /wk$1,422
Personal Income /wk$693
Mortgage /mth$1,300
CRIME (Ipswich LGA)
Crime Rate (per 100k)6,690
Total Incidents6,690
TRANSPORT
Bus Stops40
SCHOOLS (3)
Avg ICSEA983
Total Students804
Catholic1
Independent1
Government1
St Joseph's SchoolPrimary · Catholic · ICSEA 1029
The Industry School - IpswichSecondary · Independent · ICSEA 1017
Ipswich North State SchoolPrimary · Government · ICSEA 904
Data: 2024