Get a property report and suburb profile for any property in North Ipswich

North Ipswich sits on the northern bank of the Bremer River immediately adjacent to the Ipswich CBD and is known for its railway heritage centred on the North Ipswich Railway Workshops and the Workshops Rail Museum. Housing ranges from timber workers' cottages and character Queenslanders to pockets of newer infill, and residents have riverfront parkland, walking and cycling routes plus easy access to local shops and cafes across the river. The suburb has straightforward rail and road links for commuters into Ipswich and onwards to Brisbane.

About 4,527 people live in North Ipswich, with a median age of 38. The community is weighted towards couples, with couple families with and without children together making up about three in four families, and most homes are owner-occupied. A planned sports and entertainment precinct will add a western grandstand and upgraded facilities at North Ipswich Reserve. Whether North Ipswich suits you depends on whether you value an established riverside suburb with heritage character.

Buying a house in North Ipswich sits well above local incomes at the last Census. A median house price of $770,000 is about 10.4 times a typical local household's annual income at the last Census (weekly household income $1,422, annualised to $73,944), which puts buying well above what local households earned at the last Census.

Renting is easier to read against that same income. A house rent of $560 a week would take about 39.4% of a typical local household's weekly income at the last Census, while a unit rent of $400 a week would take about 28.1%. So on these figures, renting a house would use a sizeable share of local income and renting a unit a moderate share; whether that feels expensive depends on your own income and circumstances.

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

Unit values in North Ipswich climbed 15.2% over the past year, a strong rise, while house values increased by 9.7%, a solid gain. House rents rose 8.7% over the same period, also a solid increase. I won’t comment on unit rents here because that figure isn’t available.

If you’re weighing this suburb as an investment, remember that value changes speak to capital growth and rent changes to rental income. On the data shown, unit prices led on capital growth this year, while house rents and house prices both recorded solid gains. Whether that mix suits your investment goals and circumstances is for you to decide.

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.