One Mile (postcode 4305) is a smaller suburb in Queensland within the Ipswich local government area. The area has roughly 2,038 residents and a blend of families and working-age professionals, with a median age of 37. Households earn a median income of $61K per year, with an average household size of 2.5 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 labourers, technicians & trades, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Median house prices in One Mile sit at $683,000, little changed on a year ago. The current median weekly rent is $510. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,153.
Public transport access includes 9 bus stops. The crime rate in the Ipswich LGA is moderate at 6,631 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 3.9% (moderate yield). Property prices sit below the state median ($683K/$1.1M), which can point to relative value. The price-to-income ratio of 11.2x is considered stretched. House prices have moved +0.0% year-on-year. 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.