Silkstone suburb profile
Silkstone is a charming suburb located in the city of Ipswich, Queensland, approximately 40km west of Brisbane. Known for its friendly community atmosphere, Silkstone offers a mix of heritage homes and modern residences, making it appealing to families and first-time homebuyers. The suburb is well-serviced by local amenities, including schools, parks, and shopping centers, providing convenience for residents. Silkstone's proximity to Ipswich CBD ensures easy access to a wider range of services and employment opportunities. Its blend of suburban tranquility and urban accessibility makes Silkstone a desirable location for those seeking a balanced lifestyle.
Silkstone property market performance
Silkstone’s property market has experienced significant growth over the past 12 months, with house values increasing by 19.2%. The current median house price stands at $775,000, reflecting strong demand in the area. However, the unit market remains inactive, with no change in median unit value and no units sold recently.
Sales activity for houses has been moderate, with 14 houses sold over the past year. Houses are selling quickly, with a median of just 9 days on the market, indicating a competitive market environment. The unit market, however, shows no activity, with no units sold in the past three months.
The rental market for houses in Silkstone has also seen growth, with average rent increasing by 10% over the last 12 months to $550. The unit rental market remains inactive, with no change in rent prices.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $775K | N/A |
Change in value Past 12 months | 19.2% | N/A |
Sold Past 3 months | 14 | 2 |
Median days on market Past 12 months | 9 | N/A |
Average rent Past 12 months | $550 | N/A |
Change in rent Past 12 months | 10.0% | N/A |
5 year median price trend for houses and units
Silkstone demographics
Silkstone, located in the Ipswich region of Queensland, offers a suburban lifestyle with a touch of historical charm. With a population of 3,830, it provides a close-knit community feel, ideal for families and individuals seeking a quieter pace of life. The median age of 38 suggests a balanced mix of young families, professionals, and older residents who appreciate the suburb's relaxed atmosphere and convenient amenities.
The suburb's housing landscape is diverse, with a significant portion of properties owned outright (28%) or with a mortgage (34.3%), indicating a stable community with long-term residents. Renting is also a viable option, with 37.7% of properties available for rent, catering to those who prefer flexibility or are new to the area. This mix of ownership and rental options reflects Silkstone's appeal to a broad demographic, from young families to retirees.
Family dynamics in Silkstone are varied, with couple families with children making up 36.6% of the population, closely followed by couple families without children at 37.4%. One-parent families account for 23.3%, highlighting the suburb's inclusive nature and support for diverse family structures. The median household income of $1,319 per week aligns with the area's affordable living standards, making it an attractive option for those seeking a balance between cost and quality of life.
Silkstone infrastructure, key developments and investment opportunities
Silkstone is experiencing several developments that could impact its property market. The suburb has seen significant growth, with the median house price increasing by 22% over the past 12 months to $650,000. This price growth, combined with a relatively low vacancy rate of 0.46%, indicates strong demand for housing in the area. The rental market is also robust, with median weekly rents for houses at $500, representing a yield of 4.19%.
Infrastructure improvements in nearby suburbs, such as the ongoing transformation of the former Ipswich CBD, may have positive spillover effects on Silkstone's property market. The suburb's proximity to Ipswich CBD (just 3 km away) and its well-established schools, including Silkstone State School and Claremont Special School, continue to attract families to the area. These factors, along with Silkstone's mix of character homes and newer properties, position it as an increasingly desirable suburb for both homeowners and investors.
Silkstone rental market trends
The rental market in Silkstone has experienced growth, with house rents increasing 10% over the past year to $550 per week. However, there has been no change in unit rents, which remain at $0 per week. This indicates a strong demand for houses, while the unit market may be underdeveloped or less in demand in this suburb.
Suburbs near Silkstone
Some popular suburbs near Silkstone include:
How does Silkstone compare to nearby suburbs?
- Median house prices: Silkstone’s median house price is 1.0% higher than North Ipswich’s.
- House price growth: Over the past 12 months, house prices in Silkstone have grown 4.7% higher than in Raceview.
- Selling speed for houses: Properties in Silkstone are selling 18.2% faster than in Raceview.

