Basin Pocket

POSTAL CODE: QLD, 4305
HOUSE

Property investors have seen a 9.66% gain in BASIN POCKET based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on BASIN POCKET, 4305 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 23.13%.

Based on its average 5-year and quarterly capital gains BASIN POCKET, 4305 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $641,500

Profits averaged 23.67% per annum over a 3-year period, due to an upward trend in home prices in BASIN POCKET, 4305.

This means, real estate investors could earn a rental income of $490 based on current median home prices for the suburb.

The gross rental yield in BASIN POCKET, 4305 is 3.97%.

An average of 2 real estate transactions take place per month in BASIN POCKET which translates to 24 per annum.

Surburb overview

Basin Pocket is a residential suburb located approximately 3.5 kilometres north-northeast of the Ipswich central business district and about 40.4 kilometres southwest of Brisbane CBD. 

The suburb is bordered to the north and west by the Bremer River, and to the east and south by the town of East Ipswich. The land use is almost entirely residential, apart from parkland along the riverbank. There are no shops within the suburb, but a small set of shops providing basic services is located just beyond the south-eastern boundary in East Ipswich.

According to the 2021 Census, Basin Pocket had a population of 931 people. The suburb covers an area of approximately 0.6 square kilometres. The population has shown modest growth over the years, with 861 people recorded in 2011 and 890 in 2016. The predominant age group in Basin Pocket is between 20 and 29 years.

Public transportation in Basin Pocket includes bus services operated by Translink, connecting the suburb to Ipswich and surrounding areas. The nearest train station is East Ipswich Station, providing access to the Queensland Rail City network.

There are no schools within Basin Pocket. The nearest government primary school is Ipswich East State School in neighbouring East Ipswich. The closest government secondary schools are Bremer State High School in Ipswich and Bundamba State Secondary College in Bundamba.

Healthcare services are accessible at Ipswich Hospital and St Andrew's Ipswich Private Hospital, both situated within a short distance from the suburb. Nearby shopping centres, including Riverlink Shopping Centre, cater to retail needs by offering a variety of stores and services.

Recreational facilities in Basin Pocket include J Perrett Memorial Park and McLeod Street Park. The suburb is also home to the Horace J Harper Band Hall, the base of the Ipswich Model Band established in 1906, and the West End Football Club.

Basin Pocket's location provides convenient access to major highways, making travel to both Ipswich and Brisbane easy. The suburb's residential character, combined with its access to essential services and recreational amenities, contributes to its appeal within the Ipswich area.

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