Get a property report and suburb profile for any property in Collingwood Park

Collingwood Park has detached houses, several reserves and sporting fields, and a small shopping strip and community facilities.

It is a young community with many households buying their homes, and couples with children make up 48.7% of families. Local life centres on the shopping strip and community facilities, while parks, playgrounds and organised sport are visible parts of the weekly routine and main roads provide straightforward car access to neighbouring centres; broader Ipswich services are a short trip away. The suburb is included in the Collingwood Park mine subsidence project, which is in the monitoring and response phase and includes four seismic monitoring stations and three extensometers.

Buying a house in Collingwood Park sits well above local incomes. With a median house price of $909,400 and a typical local household earning about $1,755 a week at the last Census, a house works out to about 10.0 times a typical local annual household income. Renting tells a different story: a house rent of $650 a week would take roughly 37% of that weekly household income, a sizeable share, while a unit at $300 a week would take about 17%, a more modest share. For renters the rent share is the most relevant measure, for buyers the price multiple is the key figure.

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

What stands out for Collingwood Park over the past 12 months is the strength on the house side: median house values rose 17.4% while house rents increased 14.0%, both large moves. For houses, the gain in value outpaced the rise in rents, so capital growth was stronger than rental income growth during that period.

Unit values also moved, rising 9.6%, a solid increase, and overall house value growth exceeded unit value growth. These figures show how values and rents have shifted for each property type; they describe what happened rather than advising any course of action.

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.