Question 1

Is Karrabin a nice place to live?

Accepted Answer

Karrabin is a semi-rural suburb on the outer edge of Ipswich where rolling paddocks, pockets of eucalypt bushland and hobby farms sit alongside acreage blocks, older timber and brick houses and some newer residential lots. It attracts people after more space than inner-city suburbs provide, including families and those who keep horses. Local services are limited, so residents generally rely on nearby Ipswich for shopping, schools and healthcare, while a nearby train station and regional roads provide links for commuting into Ipswich and beyond.

It is a small community of 416 people with a median age of 42 and a median total household income of $1,952 a week (about $101,500 a year). The area is weighted towards couple families, and homes are largely owner-occupied (30.0% owned outright and 49.3% owned with a mortgage, 20.7% rented). Council planning names Karrabin in the Wulkuraka/Karrabin precinct and flags it for revitalisation and job-generating development, with related cycleway, road and open-space work included in local plans. Whether Karrabin suits you depends on how much you value space and a country-residential setting versus closer local services.

Question 2

Is it expensive to live in Karrabin?

Accepted Answer

There haven't been enough recent sales or rentals in Karrabin to publish reliable median prices or average rents for houses or units. Because those figures are unavailable, it's not possible to say how expensive it is to live in Karrabin compared with local household incomes as recorded at the most recent Census.

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 Karrabin a good place to invest?

Accepted Answer

There haven't been enough recent sales in Karrabin to publish reliable figures on how house or unit values and rents have changed over the past year. Without that information, it's not possible to describe how the suburb has performed as an investment over that period.

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	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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