Question 1

Is Leichhardt a nice place to live?

Accepted Answer

Leichhardt is an established, inner Ipswich suburb with a residential character. Tree-lined streets mix older cottages and modest brick homes with some more recent townhouses, giving a settled, lived-in feel rather than a newly built one. It has a quiet suburban atmosphere while keeping Ipswich's shops, cafes and rail connections to Brisbane within easy reach. The area attracts families, young professionals and long-term locals who value nearby parks, sporting clubs and the local primary school.

The community of 4,471 people has a median age of 31, a high share of one-parent families (40.5% of families) and predominantly rented housing, with 65.2% of dwellings rented. Local facilities include Leichhardt State School, the Georgie Conway/Leichhardt community swim centre and council-led upgrades at the George Alder Tennis Centre, along with a solar installation at the swim centre. No major new transport projects or large-scale precinct renewals are noted for Leichhardt. Whether that mix suits you comes down to what you want from a suburb.

Question 2

Is it expensive to live in Leichhardt?

Accepted Answer

Housing costs in Leichhardt 4305 look stretched against what a typical local household earned at the last Census. A median house price of $785,000 works out to about 13.6 times a typical local household's annual income at the last Census, which sits well above those incomes. Renting a house at about $520 a week would take roughly 46.9% of a typical local household's weekly income at the last Census, a large share. If you're renting rather than buying, that rent share is the figure that matters when you judge affordability.

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 Leichhardt a good place to invest?

Accepted Answer

House values in Leichhardt climbed 19.1% over the past 12 months, a strong rise in what a house here is worth.

Over the same period house rents rose 6.1%, a solid increase in rental income, so capital growth has outpaced rental growth on the house side this year. Which of those outcomes matters to you will depend on your investment goals and personal 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	$785K	N/A
Change in value Past 12 months	19.1%	N/A
Sold Past 3 months	27	1
Median days on market Past 12 months	13	N/A
Average rent Past 12 months	$520	N/A
Change in rent Past 12 months	6.1%	N/A

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