One Mile suburb profile
One Mile is a residential suburb located in the city of Ipswich, Queensland, approximately 40km west of Brisbane. Known for its peaceful atmosphere and community-oriented lifestyle, One Mile offers a mix of traditional Queenslander homes and modern residences. The suburb is conveniently situated near essential amenities, including schools, parks, and shopping centers, making it an attractive choice for families and individuals seeking a quiet yet connected environment. With its proximity to the Ipswich CBD and access to public transport, One Mile provides a balance of suburban tranquility and urban convenience.
One Mile property market performance
One Mile’s property market has shown significant growth in the housing sector over the past 12 months, with house values increasing by 19.6%. The current median house price stands at $750,000. However, the unit market remains inactive, with no sales or price changes recorded.
Sales activity for houses has been modest, with 13 houses sold in the past 12 months. Houses are selling quickly, with a median of just 12 days on the market, indicating strong demand. The unit market, however, has seen no activity.
The rental market for houses in One Mile has experienced a 5.1% increase in average rent over the last 12 months, with the average rent now at $515. The unit rental market remains inactive, reflecting the lack of unit sales and demand in the area.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $795K | N/A |
Change in value Past 12 months | 18.1% | N/A |
Sold Past 3 months | 10 | N/A |
Median days on market Past 12 months | 12 | N/A |
Average rent Past 12 months | $505 | N/A |
Change in rent Past 12 months | 2.0% | N/A |
5 year median price trend for houses and units
One Mile demographics
One Mile, located in the Ipswich region of Queensland, is a suburb that offers a blend of suburban tranquility and community spirit. With a population of 2,038, it is a small yet vibrant community where families form the backbone of the suburb. The median age of 37 suggests a mature population, with a balanced mix of young families and established residents who appreciate the suburb's peaceful environment and close-knit community feel.
The suburb's family composition is quite balanced, with couple families with children making up 33.1% and couple families without children slightly higher at 33.7%. One Mile also has a significant proportion of one-parent families, accounting for 32.5% of the family structure, indicating a diverse range of family dynamics. This diversity is reflected in the community's inclusive and supportive atmosphere.
In terms of housing, One Mile presents a varied landscape. A significant portion of properties, 23.8%, are owned outright, while 34.3% are owned with a mortgage, showing a stable homeownership trend. Additionally, 41.9% of the properties are rented, which provides flexibility for those who prefer renting over buying. The median total household income of $1,173 per week suggests a modest economic environment, typical of a suburb that values community and affordability over the hustle and bustle of city life.
Suburbs near One Mile
Some popular suburbs near One Mile include:
How does One Mile compare to nearby suburbs?
- Median house prices: One Mile’s median house price is 2.3% higher than Leichhardt’s.
- House price growth: Over the past 12 months, house prices in One Mile have grown 0.6% higher than in Sadliers Crossing.
- Selling speed for houses: Properties in One Mile are selling 45.5% faster than in Sadliers Crossing.

