Suburb Profile Report for North Ipswich QLD (4305)

North Ipswich House: Median price $275,000, Annual capital growth 2.51%, Number of sales 114, Weekly median advertised rent $280

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

QLD has seen average median house prices change by 2.06% which means that North Ipswich, 4305 has done well for property investors by showing a capital gain of 1.85% over the last year

Across a shorter period, North Ipswich, 4305 has seen a median price increase of -0.36% over the last quarter.

Property buyers and investors in North Ipswich 4305 should be seeing an average reduction in asking price of around -7.30% . This means that North Ipswich is holding prices well when compared to other suburbs in QLD.

At number 1847 in a list of fastest selling suburbs, North Ipswich is just in the top half of suburbs in Australia with an average of days on market 80.86 for properties listed there.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of 2.51%, investors should hope to achieve an overall return of 5.29%

Metrics i HOUSE UNIT
$275,000 N/A
-0.36% N/A
1.85% N/A
2.51% N/A
$280 N/A
114 N/A
5.29% N/A
80.86 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 4586
Median household income ($/weekly) 1009
Median age of persons 36
Median housing loan repayment ($/monthly) 1600
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 535 11.7
    25-34 years 661 14.4
    35-44 years 610 13.3
    45-54 years 602 13.1
    55-64 years 442 9.6
    Others 1736 37.9
    Age Group
    Census Count Percent(%)
    Not Married 1521 48.0
    Registered Married 1214 38.3
    Defacto Relationship 434 13.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3845 89.7
    New Zealand 19 0.4
    Papua New Guinea 80 1.9
    United Kingdom 170 4.0
    Other 55 1.3
    Others 117 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.6
    Christianity 3009 74.5
    Hinduism 9 0.2
    Other Religious Groups 35 0.9
    No Religion 959 23.7
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 186 12.4
    $600-$799 188 12.5
    $800-$999 155 10.3
    $1,000-$1,249 187 12.4
    $1,500-$1,999 204 13.5
    Others 586 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1333 38.7
    Employed, worked full-time 1240 36.0
    Employed, worked part-time 559 16.2
    Unemployed, looking for work 194 5.6
    Employed, away from work 120 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 255 13.3
    Technicians & trades workers 303 15.8
    Community & personal service workers 246 12.8
    Clerical & administrative workers 261 13.6
    Labourers 307 16.0
    Others 551 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 47 5.3
    Infants/Primary 358 40.6
    Secondary 229 26.0
    Technical or Further Educational Institution 93 10.5
    University or other Tertiary Institutions 127 14.4
    Others 28 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3879 94.6
    Semi-detached, row or terrace house, townhouse 119 2.9
    Flat, unit or apartment 94 2.3
    House or flat attached to a shop, office 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 567 34.8
    Rented 567 34.8
    Fully owned 483 29.6
    Other tenure type 13 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals