Suburb Profile Report for West Ipswich QLD (4305)

West Ipswich House: Median price $244,500, Annual capital growth 6.48%, Number of sales 10, Weekly median advertised rent $280

West Ipswich Unit: Median price $226,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in West Ipswich have tracked lower than the QLD average of 2.06% over the last 12 months.

Advertised rents are around the $280 mark per week – giving a return of 5.96% based on the median price in Suburb

In the last year 12 properties changed hands in West Ipswich, which puts it as the 362th most active market in QLD when comparing the number of sales per suburb.

West Ipswich, 4305’s gross rental yield is 6.21%

Metrics i HOUSE UNIT
$244,500 $226,000
N/A N/A
-14.21% N/A
6.48% N/A
$280 $270
10 12
5.96% 6.21%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 464
Median household income ($/weekly) 900
Median age of persons 31
Median housing loan repayment ($/monthly) 1409
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 64 13.9
    25-34 years 67 14.5
    35-44 years 74 16.0
    45-54 years 62 13.4
    55-64 years 42 9.1
    Others 153 33.1
    Age Group
    Census Count Percent(%)
    Not Married 202 63.7
    Registered Married 85 26.8
    Defacto Relationship 30 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 355 84.7
    Indonesia 4 1.0
    Papua New Guinea 21 5.0
    South Africa 4 1.0
    United Kingdom 22 5.3
    Others 13 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 230 57.8
    No Religion 152 38.2
    Islam 7 1.8
    Other Religious Groups 6 1.5
    Buddhism 3 0.8
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 16 10.3
    $400-$599 22 14.2
    $600-$799 19 12.3
    $800-$999 22 14.2
    $1,500-$1,999 22 14.2
    Others 54 34.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 125 37.9
    Not in the labour force 119 36.1
    Employed, worked part-time 43 13.0
    Unemployed, looking for work 34 10.3
    Employed, away from work 9 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 33 18.3
    Technicians & trades workers 27 15.0
    Community & personal service workers 27 15.0
    Clerical & administrative workers 22 12.2
    Labourers 46 25.6
    Others 25 13.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 36 48.0
    Secondary 23 30.7
    Technical or Further Educational Institution 10 13.3
    University or other Tertiary Institutions 6 8.0
    Pre-school 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 354 86.6
    Flat, unit or apartment 49 12.0
    Semi-detached, row or terrace house, townhouse 6 1.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 110 65.1
    Fully owned 30 17.8
    Being purchased 29 17.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals