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Ipswich suburb profile

Ipswich, located in South East Queensland, is a historic city known for its rich heritage and vibrant community. Situated approximately 40km west of Brisbane, it offers a blend of urban and rural living. Ipswich is renowned for its well-preserved historic buildings, cultural events, and diverse recreational activities. The city boasts a strong sense of community, with numerous parks, museums, and galleries contributing to its cultural landscape. With a growing population and ongoing development, Ipswich provides residents with modern amenities while maintaining its unique charm and historical significance, making it an attractive place for families and professionals alike.

Ipswich property market performance

Current median dwelling price$790,000Past 3 months

Property growth+18.3%Past 12 months

Ipswich’s property market has shown varied performance over the past 12 months. House values have increased by 4.2%, with the median house price reaching $1.07 million. In contrast, unit values have surged by 17.1%, although the median unit price remains at $0, indicating limited sales data. Over the last three months, 11 houses and 2 units were sold, with houses selling quickly at a median of 19 days on the market.

The rental market in Ipswich has experienced notable growth, with house rents increasing by 11.1% and unit rents by 8.6% over the past year. The average rent for houses is $550, while units average $380, reflecting strong demand in the rental sector.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
5.6%31.0%
Sold
Past 3 months
85
Median days on market
Past 12 months
20N/A
Average rent
Past 12 months
$550$380
Change in rent
Past 12 months
8.9%7.0%

5 year median price trend for houses and units

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Ipswich demographics

Ipswich, located in Queensland, is a suburb that combines historical charm with a strong sense of community. With a population of 2,468, it offers a quieter lifestyle compared to the bustling city centers. The median age of 45 suggests a mature community, with many residents likely enjoying the suburb's relaxed pace and family-friendly environment. Ipswich is known for its rich history, beautiful parks, and heritage buildings, making it an attractive place for those who appreciate a blend of tradition and modern living.

The suburb's housing market is diverse, with a significant portion of properties being rented, accounting for 56.9% of the housing. This high rental rate indicates a demand for flexible living arrangements, appealing to both families and individuals seeking temporary accommodation. Meanwhile, 18.7% of properties are owned outright, and 24.4% are owned with a mortgage, reflecting a stable community with a mix of long-term residents and new homeowners.

Family dynamics in Ipswich are varied, with couple families with children making up 34.4% of the population, while couple families without children account for 35.0%. One-parent families also form a significant part of the community at 28.1%, highlighting the suburb's inclusive nature. The median total household income of $1,134 per week suggests a modest economic environment, which aligns with the suburb's appeal to those seeking affordability without sacrificing quality of life. Overall, Ipswich offers a welcoming atmosphere with a strong sense of community, making it a desirable place for families and individuals alike.

Suburbs near Ipswich

Some popular suburbs near Ipswich include:

  • North Ipswich: Known for its historical homes and proximity to the Ipswich CBD, North Ipswich is located directly north of Ipswich.
  • Coalfalls: Featuring a mix of heritage and modern homes with a peaceful atmosphere, Coalfalls lies to the northwest of Ipswich.
  • Sadliers Crossing: Renowned for its charming character homes and leafy streets, Sadliers Crossing is situated to the west of Ipswich.
  • Woodend: Known for its beautiful parks and historic architecture, Woodend is located to the northwest of Ipswich.
  • West Ipswich: Offering a blend of commercial and residential areas with convenient amenities, West Ipswich is situated directly west of Ipswich.

How does Ipswich compare to nearby suburbs?

  • Median house prices: Ipswich’s median house price is 36.5% higher than North Ipswich’s.
  • House price growth: Property prices in nearby North Ipswich have risen 3.9% more than in Ipswich over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Ipswich have grown 19.7% higher than in North Ipswich.
  • Selling speed for houses: Properties in Ipswich are selling 9.1% faster than in Sadliers Crossing.

Choose the right real estate agents in Ipswich

In Ipswich ,45 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 27.3% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.38% and 3.17%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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