Could One Mile be the Best area to buy in Ipswich? Read the Best buyer’s agent in Ipswich suburb report on One Mile to find out!
Overview
One Mile is a family-friendly suburb in the Ipswich region, celebrated for its rich history, affordable housing, and proximity to Ipswich CBD. Known for its community spirit and access to recreational facilities, One Mile has become an attractive location for families, first-time buyers, and investors. Its combination of affordability, local amenities, and connectivity makes it an excellent choice for property buyers seeking value and lifestyle.
Suburb Snapshot
- Median House Price (2024): $544,000
- Annual Growth (2024): 19.6%
- Location Attributes:
- Brisbane CBD: 43 km (Approx. 38 minutes’ drive)
- Ipswich CBD: 3 km (Approx. 5 minutes’ drive)
- Springfield Central: 15 km (Approx. 18 minutes’ drive)
- Gold Coast CBD: 92 km (Approx. 1.5 hours’ drive)
Demographics
Based on the 2021 Australian Bureau of Statistics (ABS) data:
- Population: Approximately 1,810
- Median Age: 37 years
- Housing Types: Predominantly detached houses with a mix of owner-occupied and rental properties, ideal for families and individuals seeking spacious homes.
Property Market Overview
Houses:
- Median Price: $544,000
- Median Weekly Rent: $470
- Rental Yield: 4.5%
- Notable Recent Sales:
- 10 Haig Street: $550,000 (October 2024)
- 15 Main Street: $540,000 (September 2024)
- 8 Frederick Street: $530,000 (August 2024)
Units:
- Median Price: $385,000
- Median Weekly Rent: $400
- Rental Yield: 5.4%
Long-Term Growth:
One Mile has shown impressive long-term growth, with the median house price rising from $185,000 in 2006 to $544,000 in 2024. This equates to an annual growth rate of approximately 6.4% over 18 years. The suburb experienced significant growth surges in 2022 (25.3%) and 2024 (19.6%), driven by heightened demand for suburban living and infrastructure upgrades.
Vacancy Rates:
- Vacancy rate as of November 2024: 1.7%
Education Options
- Primary Schools:
- Leichhardt State School
- Immaculate Heart Catholic Primary School
- Secondary Schools:
- Bremer State High School
- Child Care Centres:
- Two Little Owls Early Learning Centre
- Three additional centres listed on Toddle and CareforKids.
Lifestyle and Amenities
- Shopping:
- Riverlink Shopping Centre
- Yamanto Central
- Parks and Recreation:
- Denmark Hill Conservation Reserve
- Jim Donald Parklands with playgrounds and picnic facilities
- Cultural Highlights:
- Proximity to Ipswich Art Gallery and historical sites
Health and Wellbeing
- Closest Hospitals:
- Ipswich General Hospital (5 minutes’ drive)
- St Andrew’s Ipswich Private Hospital (10 minutes’ drive)
- Local Healthcare: Multiple clinics, pharmacies, and allied health services are readily accessible.
Community and Employment
One Mile is a close-knit community with various local events and family-friendly activities. Key employment sectors include healthcare, education, retail, and public administration. Its proximity to Ipswich CBD allows for convenient commutes, and the ongoing developments enhance local employment opportunities.
Recent and Planned Developments
- Ipswich Motorway Enhancements: Increased connectivity to Brisbane and Springfield, scheduled completion by 2025.
- Yamanto Central Expansion: A new retail and entertainment hub to accommodate the suburb’s growing population, expected completion by 2026.
For more development projects in Ipswich, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Data |
|---|---|
| Population | 1,810 |
| Median House Price (2024) | $544,000 |
| Median Weekly Rent (Houses) | $470 |
| Rental Yield (Houses) | 4.5% |
| Education Facilities | 4 Schools, 4 Childcare Centres |
| Transport Access | Road and Rail |
Ipswich Buyer’s Agent Introduction
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Conclusion: Why Choose One Mile?
One Mile offers a unique mix of affordability, convenience, and community appeal. Its strategic location near Ipswich CBD, excellent amenities, and steady property market growth make it an attractive option for families and investors. With ongoing developments enhancing the suburb’s livability and connectivity, One Mile continues to grow as a sought-after destination.
Ready to make One Mile your next destination? Contact us today to begin your journey!