For an income-focused investor, the number that matters most isn’t the price or the rent on its own — it’s the relationship between them. Gross rental yield (a year’s rent divided by what the property’s worth) is the cleanest way to compare suburbs. Across Ipswich houses it averages about 3.9%, but it ranges from under 3% to over 4.3% — and where you land makes a real difference to your return.
Highest-yielding suburbs
These are the affordable, established suburbs where rents are strong relative to comparatively low prices:
| Suburb | Median house rent | Median house price | Gross yield |
|---|---|---|---|
| Basin Pocket | $527 | $640,000 | 4.3% |
| Blackstone | $570 | $702,500 | 4.2% |
| Dinmore | $500 | $620,000 | 4.2% |
| East Ipswich | $550 | $689,600 | 4.2% |
| Redbank Plains | $600 | $756,500 | 4.1% |
| Collingwood Park | $630 | $795,000 | 4.1% |
| Raceview | $580 | $742,750 | 4.1% |
| North Ipswich | $550 | $704,550 | 4.1% |
| Bundamba | $550 | $708,000 | 4.0% |
Lowest-yielding suburbs
These are the premium suburbs — higher prices that rents don’t keep pace with:
| Suburb | Median house rent | Median house price | Gross yield |
|---|---|---|---|
| Karalee | $650 | $1,200,000 | 2.8% |
| Brookwater | $900 | $1,500,000 | 3.1% |
| Chuwar | $625 | $985,500 | 3.3% |
| Augustine Heights | $650 | $968,500 | 3.5% |
| Camira | $625 | $916,500 | 3.6% |
The trade-off behind the numbers
This is the classic yield-versus-prestige split, and it’s worth understanding rather than just chasing the top of the table. The high-yield suburbs put more rent in your pocket today relative to what you paid — better cash flow. The low-yield, premium suburbs are where buyers accept a thinner income return because they’re betting on stronger capital growth and broader owner-occupier demand (which supports resale value).
Neither is “better.” A cash-flow investor leans toward Basin Pocket, Blackstone or Bundamba; a growth investor may happily accept Brookwater’s 3.1% for the prestige and price ceiling. The mistake is buying a low-yield property expecting high income, or a high-yield one expecting premium growth.
Reading it properly
A few caveats: these are gross yields — they don’t account for rates, insurance, maintenance or management, which turn gross into net. And they’re medians; your specific property’s condition, land and position move it within the range. But as a map of where Ipswich rewards income versus growth, the pattern is clear and consistent.
That’s the kind of read we can give you property by property — what it rents for, what it’s worth, and therefore what it actually yields — because we work both sides of the ledger.
Based on analysis of more than 11,000 Ipswich rental records and 15,000+ sales to June 2026. Yields are gross (before costs) and suburb-level medians. General market commentary, not financial advice. For current suburb-level figures, see the live data on our suburb pages, updated monthly.
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