Suburb Profile Report for Ipswich QLD (4305)

Ipswich House: Median price $360,000, Annual capital growth 0.29%, Number of sales 39, Weekly median advertised rent $318

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

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

Property investors who have had real estate in Ipswich, 4305 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.81%

If we look at median property appreciation over just the last three months, Ipswich has given property investors a paper return of 5.52%. This puts Suburb as 96 on a list of fastest fasting appreciating suburbs in QLD

Property investors looking for a bargain in Ipswich should be aiming for at least -6.32% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $15470 per annum or $297.5 every week.

Information supplied by:




M
O

W
E

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
$360,000 N/A
0.00% N/A
0.00% N/A
0.29% N/A
$318 N/A
39 N/A
4.59% N/A
60.83871 N/A

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Ipswich QLD
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
Chart Table