Suburb Profile Report for Ipswich QLD (4305)

Ipswich House: Median price $425,000, Annual capital growth 4.31%, Number of sales 55, Weekly median advertised rent $338

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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Over the last year, property investments in Ipswich, 4305 have given investors a capital gain of -2.86%. This compares very badly with the 12.16% for QLD as a whole.

Across a shorter period, Ipswich, 4305 has seen a median price increase of -1.16% over the last quarter.

Ipswich, 4305 is offering QLD ‘s 429th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

At number 2229 in a list of fastest selling suburbs, Ipswich is just in the bottom half of suburbs in Australia with an average of days on market 60.7105 for properties listed there.

The QLD suburb of Ipswich, 4305 is in the Ipswich (C) local government area.

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Satellite city Ipswich is 30km west of Brisbane. It’s linked to the capital via both road and rail, with the train journey into Brisbane taking about an hour.

Ipswich is home to a campus of the University of Queensland and an RAAF base. It’s also self-contained amenity-wise, with plentiful shops, restaurants, schools and two hospitals. A major shopping centre is also located in nearby Springfield.

The median house price for central Ipswich sits at around $300,000, but average house prices in surrounding suburbs can be as low as $250,000 for renovation projects.

Metrics i HOUSE UNIT
$425,000 N/A
-1.16% N/A
-2.86% N/A
4.31% N/A
$338 N/A
55 N/A
4.13% N/A
60.7105263157895 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2536
Median household income ($/weekly) 837
Median age of persons 37
Median housing loan repayment ($/monthly) 1517
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 279 11.0
    25-34 years 329 13.0
    35-44 years 350 13.8
    45-54 years 313 12.3
    55-64 years 265 10.4
    Others 1001 39.5
    Age Group
    Census Count Percent(%)
    Not Married 899 54.0
    Registered Married 564 33.9
    Defacto Relationship 203 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1939 80.9
    Indonesia 25 1.0
    Papua New Guinea 93 3.9
    United Kingdom 98 4.1
    Other 74 3.1
    Others 167 7.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 1.2
    Christianity 1593 69.7
    Hinduism 18 0.8
    Other Religious Groups 24 1.1
    No Religion 604 26.4
    Others 18 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 123 14.5
    $400-$599 103 12.1
    $600-$799 101 11.9
    $800-$999 67 7.9
    $1,500-$1,999 87 10.2
    Others 369 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 914 46.4
    Employed, worked full-time 547 27.8
    Employed, worked part-time 301 15.3
    Unemployed, looking for work 134 6.8
    Employed, away from work 72 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 197 21.4
    Technicians & trades workers 108 11.7
    Community & personal service workers 119 12.9
    Clerical & administrative workers 124 13.5
    Labourers 117 12.7
    Others 255 27.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 177 30.2
    Secondary 162 27.6
    Technical or Further Educational Institution 45 7.7
    University or other Tertiary Institutions 155 26.4
    Other type of educational institution 27 4.6
    Others 21 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1636 78.5
    Flat, unit or apartment 409 19.6
    Semi-detached, row or terrace house, townhouse 24 1.2
    House or flat attached to a shop, office 9 0.4
    Caravan, cabin, houseboat 6 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 529 57.7
    Fully owned 194 21.2
    Being purchased 188 20.5
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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