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Kirwan suburb profile

Kirwan is a bustling suburb located in the city of Townsville, Queensland, known for its family-friendly atmosphere and vibrant community spirit. Situated approximately 12km southwest of Townsville's CBD, Kirwan offers a mix of residential, commercial, and recreational facilities. The suburb is home to popular attractions such as the Riverway complex, which features swimming lagoons, parklands, and cultural events. Kirwan boasts a range of schools, shopping centers like Willows Shopping Centre, and sports facilities, including the 1300SMILES Stadium. Its convenient location and diverse amenities make Kirwan a desirable place for families and individuals seeking a balanced lifestyle.

Kirwan property market performance

Kirwan's property market has experienced significant growth over the past 12 months, with house values increasing by 25.9% and unit values rising by 22.3%. The current median house price stands at $550,000, while the median unit price is $510,000, indicating strong demand across both property types.

Sales activity has been robust, with 165 houses and 11 units sold over the last 12 months. Houses are selling rapidly, with a median of just 8 days on the market, while units are taking slightly longer at 13 days, reflecting a competitive market environment.

The rental market in Kirwan has also seen notable increases, with house rents rising by 9.6% and unit rents by 11.4% over the past year. The average rent for houses is now $515, while units average $390, highlighting strong rental demand in the area.

Median price - houses$565KPast 3 months

Median price - units$333KPast 3 months

Change in value - houses28.6%12 months

Change in value - units24.0%12 months

Houses sold123Past 3 months

Units sold13Past 3 months

Median DOM - houses8Past 12 months

Median DOM - units11Past 12 months

Average rent - houses$520Past 12 months

Average rent - units$400Past 12 months

Change in rent - houses10.6%Past 12 months

Change in rent - units14.3%Past 12 months

Kirwan demographics

Kirwan, located in the northern city of Townsville, Queensland, is a thriving suburb known for its family-friendly environment and community-oriented lifestyle. With a population of 20,780, Kirwan offers a balanced mix of urban convenience and suburban tranquility. The median age of 38 suggests a mature community, with a significant number of families and long-term residents enjoying the area's amenities and lifestyle.

The suburb's housing landscape is diverse, with a substantial portion of properties owned outright (26.9%) and a larger percentage owned with a mortgage (37.6%). This indicates a stable community with many residents investing in their homes. Additionally, 35.5% of properties are rented, providing options for those seeking flexibility, including young professionals and families new to the area.

Family life is a cornerstone of Kirwan, with couple families with children making up 38.6% of the population, closely followed by couple families without children at 38.7%. One-parent families also form a significant part of the community at 21.2%, reflecting the suburb's inclusive nature. The median total household income of $1,673 per week supports a comfortable lifestyle, with residents benefiting from local amenities such as schools, parks, and shopping centers. Kirwan's blend of community spirit, accessibility, and family-friendly features make it a desirable place to call home.

Kirwan infrastructure, key developments and investment opportunities

Kirwan is experiencing several developments that could impact its property market. The suburb is set to benefit from the $195 million Townsville Ring Road Stage 5 project, which will improve connectivity and potentially increase property values along key routes. Additionally, the ongoing expansion of James Cook University's Townsville campus, located nearby, continues to attract students and staff, sustaining demand for rental properties in Kirwan.

The recent upgrade of Thuringowa Central, including the addition of new retail and dining options, has enhanced local amenities and could boost the area's appeal to potential buyers and renters. Kirwan's established schools, including Kirwan State High School and Ryan Catholic College, remain drawcards for families. While no major new infrastructure projects are currently underway within Kirwan itself, these surrounding developments are likely to have a positive influence on the suburb's property market in the coming years.

Kirwan rental market trends

The rental market in Kirwan has experienced notable growth, with house rents increasing 9.6% over the past year to $515 per week, while unit rents have risen 11.4% to $390 per week. This suburb's appeal is bolstered by its family-friendly environment and proximity to essential amenities, making it an attractive option for both renters and investors seeking steady returns.

Suburbs near Kirwan

Some popular suburbs near Kirwan include:

Common questions about Kirwan

  • Is Kirwan a nice place to live?

    Kirwan is a delightful suburb that offers a wonderful blend of suburban tranquility and urban convenience, making it a fantastic place to live. Known for its vibrant community spirit, Kirwan is a suburb where families thrive, thanks to its welcoming atmosphere and abundance of amenities. The suburb is well-equipped with a variety of schools, shopping centers, and recreational facilities, ensuring that residents have everything they need within easy reach. The presence of lush parklands and cultural events adds to the suburb's charm, providing plenty of opportunities for leisure and relaxation.

    For families, Kirwan is particularly appealing due to its strong sense of community and the availability of quality educational institutions. The suburb's proximity to Townsville's CBD means that residents can enjoy the benefits of city life while still relishing the peace and quiet of suburban living. Safety is generally not a major concern in Kirwan, making it a reassuring choice for families looking to settle down. However, the trade-off for this suburban serenity is that it may lack the nightlife and entertainment options found in more urban areas.

    Kirwan's location also offers excellent connectivity, with ongoing infrastructure developments promising to enhance accessibility and potentially increase property values. While the suburb itself may not be undergoing major new projects, the surrounding developments are likely to positively impact the area. Overall, Kirwan is a charming suburb that offers a balanced lifestyle, making it an attractive option for families and individuals seeking a welcoming community with a range of amenities at their doorstep.

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  • Is it expensive to live in Kirwan?

    Living in Kirwan can be considered relatively affordable compared to other suburbs in Queensland. The median house price is around $550,000, and for units, it's about $510,000. These prices are quite reasonable, especially when you consider that the average house price in Queensland's capital, Brisbane, is significantly higher. Renting in Kirwan is also manageable, with houses averaging $515 per week and units at $390 per week, which is lower than many urban areas.

    When you look at the earnings side of things, the average wage in Kirwan is approximately $70,000 per year. This is quite close to the average wage in Queensland, which means that the local income levels are well-aligned with the cost of living in the area. With a median total household income of $1,673 per week, many residents find it feasible to manage their living expenses without too much financial strain.

    Overall, Kirwan offers a good balance between affordability and lifestyle, making it an attractive option for those looking to live in a suburb that provides value for money. If you're considering moving to Kirwan, you'll likely find that your income can stretch further here compared to more expensive areas in Queensland.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Kirwan a good place to invest?

    Kirwan is showing promising signs as a strong investment suburb, with significant growth in both property values and rental returns over the past year. The median house value has surged by 25.9%, while units have also seen a substantial increase of 22.3%. This upward trend indicates a robust demand for properties in the area, making it an attractive option for investors looking for capital growth.

    In addition to property value appreciation, Kirwan's rental market is thriving. House rents have increased by 9.6%, and unit rents have risen by 11.4% over the last 12 months. This suggests a healthy rental demand, providing investors with the potential for solid rental income. The combination of rising property values and strong rental returns makes Kirwan a compelling choice for those looking to invest in real estate.

    Overall, Kirwan's recent performance in both property value growth and rental increases positions it as a suburb with great investment potential. While the market dynamics can change, the current trends suggest that Kirwan offers a promising opportunity for investors seeking both capital appreciation and rental income.

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