Question 1

Is Barellan Point a nice place to live?

Accepted Answer

Barellan Point is a quiet riverside suburb in the Ipswich region with a semi-rural, low-density feel. Streets are mainly residential, with a mix of older character homes and newer houses on larger lots, attracting families, retirees and people after more space and a relaxed riverside lifestyle. It is a small community of 1,173 people with a median age of 43, and homes are overwhelmingly owner-occupied, with about nine in ten owned (37.0% owned outright and 52.6% owned with a mortgage).

Everyday life makes the most of the river, with riverfront parks, informal boating and fishing access and Joseph Brady Park, the riverside reserve at 181 Riverside Avenue. Major shopping and services are found in nearby Ipswich, while public transport and commuter routes in adjacent areas link the suburb with the wider Ipswich and Brisbane regions. The suburb is also included in a council emergency access feasibility study and the state Resilient Homes Fund voluntary buy-back program, with two buy-back settlements recorded.

Question 2

Is it expensive to live in Barellan Point?

Accepted Answer

House rents in Barellan Point run to about $743 a week. Against a typical local household income of $2,212 a week at the last Census, that rent is roughly 33.6% of income — about a third — which is a sizeable share of a household's weekly earnings. If you're renting rather than buying, that rent share is the figure that matters; whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Barellan Point a good place to invest?

Accepted Answer

House values in Barellan Point edged up 3.4% over the past 12 months, a modest amount of capital growth for houses during that period.

There isn't enough recent data on rents or unit values to describe how rental income or unit prices changed over the same year, so the available figures mainly speak to house capital growth. Whether that modest rise fits your investment objectives depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	3.4%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	23	N/A
Average rent Past 12 months	$743	N/A
Change in rent Past 12 months	N/A	N/A

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