Could Leichhardt be the Best Area to Buy in Ipswich? Read the Best Buyer’s Agent in Ipswich Suburb Report on to Find Out!
Date Prepared: 28th December 2024
Overview
Leichhardt, located 3 km west of Ipswich CBD and 44 km from Brisbane, is a family-friendly suburb with a blend of affordable housing, green spaces, and growing community facilities. Known for its relaxed lifestyle and proximity to Ipswich’s key amenities, Leichhardt is an excellent choice for first-home buyers, families, and investors seeking affordability and potential growth.
Suburb Snapshot
- Median House Price (2024): $573,500
- Annual Growth (2024): +24.7%
- Distance to Major Locations:
- Brisbane CBD: Approx. 44 km (Approx. 50 minutes’ drive)
- Ipswich CBD: Approx. 3 km (Approx. 10 minutes’ drive)
- Springfield Central: Approx. 17 km (Approx. 20 minutes’ drive)
- Gold Coast CBD: Approx. 96 km (Approx. 1 hour 30 minutes’ drive)
Demographics
- Population: 4,891 (2021 Census, ABS)
- Median Age: 34 years
- Housing Types: Predominantly detached houses, catering to families and first-home buyers.
Property Market Overview
- House Prices: Median of $573,500 in 2024, showcasing strong growth.
- House Rent: Median weekly rent of $480.
- Rental Yield (Houses): 4.5%.
- Unit Prices: Median of $486,750 in 2024.
- Unit Rent: Median weekly rent of $430.
- Rental Yield (Units): 4.6%.
- Vacancy Rate (Nov 2024): 2.0%.
Long-Term Growth:
Leichhardt’s median house price increased from $182,500 in 2006 to $573,500 in 2024, representing an annual growth rate of 6.7% over 18 years. The suburb experienced notable growth spurts in 2022 (+28.3%) and 2024 (+24.7%), driven by demand for affordable properties close to Ipswich CBD.
Notable Recent Sales:
- 14 Petrie Street: Sold for $649,000 (Dec 2024)
- 41 Chalk Street: Sold for $715,000 (Dec 2024)
- 30 Essington Mews: Sold for $690,000 (Nov 2024)
Education Options
- Primary Schools: Leichhardt State School.
- Secondary Schools: Bremer State High School.
- Private Schools: St. Edmund’s College, St. Mary’s College.
- Child Care Centres: 3 local centres providing early learning and care.
Lifestyle and Amenities
- Shopping Centres: Leichhardt Village and nearby Riverlink Shopping Centre offer retail and dining options.
- Parks and Recreation: George Alder Tennis Centre and local parks provide excellent recreational facilities.
- Unique Highlights: Proximity to Ipswich Golf Course and a relaxed suburban vibe.
Health and Wellbeing
- Hospitals: Ipswich General Hospital and St. Andrew’s Ipswich Private Hospital, offering comprehensive healthcare services.
- Pharmacies: Multiple options within a 5 km radius for convenience.
- Community Wellness Programs: Local fitness groups and community events promote a healthy lifestyle.
Community and Employment
- Employment Sectors: Healthcare, retail, and construction dominate the local economy.
- Community Activities: Local markets, sports clubs, and cultural events foster community engagement.
Recent and Planned Developments
- Leichhardt Green Space Initiative: A $2M project to upgrade local parks and add walking trails, set for completion in 2025.
- Ipswich Motorway Expansion: Planned to improve connectivity and traffic flow by 2028, enhancing access to Brisbane and Springfield.
For more development projects in Brisbane North, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Value |
|---|---|
| Population (2021) | 4,891 |
| Median House Price (2024) | $573,500 |
| Median Unit Price (2024) | $486,750 |
| Median House Rent | $480 per week |
| Median Unit Rent | $430 per week |
| Rental Yield (Houses) | 4.5% |
| Rental Yield (Units) | 4.6% |
Ipswich Buyer’s Agent Introduction
Looking for the Best Buyer’s Agent in Ipswich? IPS Buyer’s Agent has you covered! We are a full-service buyer’s agent in Ipswich. Whether you’re a first-time home buyer, upsizing, downsizing, or looking for investment property insights, our expert Suburb Profiles and dedicated services will guide you every step of the way. Contact us for top Ipswich buyer agent services and advice tailored to your needs.
Conclusion: Why Choose Leichhardt?
Leichhardt offers an attractive mix of affordability, strong growth potential, and a family-friendly environment. Its proximity to Ipswich CBD, modern amenities, and upcoming developments make it a prime choice for buyers and investors seeking long-term value. Whether you’re starting a family or growing your portfolio, Leichhardt delivers on all fronts.
Ready to make Leichhardt your next destination? Contact us today to begin your journey!