Redbank is in Ipswich LGA, QLD, postcode 4301, with population 2,931.
The page has enough signal to be useful, but the story is mixed rather than decisive. Use compare mode to pressure-test it against stronger nearby options, then use the calculator if it still makes the shortlist.
Population movement supports a growth-led read. Transport coverage adds a practical access signal.
Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection.
Owners with a mortgage repay a median of $1,500/mo, while renters pay about $2,383/mo — renting runs $883/mo higher on these medians.
Redbank is a smaller residential area in Queensland within the Ipswich local government area (postcode 4301). It is home to about 2,931 residents, with a predominantly early-career demographic and a median age of 30. Households earn a median income of $69K per year, with an average household size of 2.7 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, machinery operators & drivers, community & personal service. Employment in the area leans toward healthcare and manufacturing. The top ancestries reported are English, Australian, Samoan.
Median house prices in Redbank sit at $800,000, little changed on a year ago. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,500.
Redbank is served by 1 school, including 1 primary. The average ICSEA score is 895, which is well below the national average of 1,000. Public transport access includes 1 rail station, 9 bus stops. The crime rate in the Ipswich LGA is moderate at 6,631 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 3.6% (moderate yield). Property prices are near the state median ($800K/$1.1M). The price-to-income ratio of 11.7x 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.
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Redbank carries enough direct local evidence for a first-pass decision.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
QVAS residential dwelling sales aggregated to SA2 and mapped to suburb pages
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Redbank is in the Ipswich Local Government Area, QLD, postcode 4301. Council-level context for Ipswich LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
The current median house price in Redbank, QLD is $800K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
The median weekly rent in Redbank is $550/wk, based on the current market rent dataset. The current rent signal is rent context available.
Rent context available: Redbank has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
QuickProperty's investment signals for Redbank show: Moderate Yield, Near Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.