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One Mile

POSTAL CODE: QLD, 4305
HOUSE

Homeowners and real estate investors betting on ONE MILE, 4305 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 20.97%.

A steady increase in median property prices over a five-year period in the suburb translates to a 62.65% capital gain.

Property investors in ONE MILE enjoyed capital gains of 20.97% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $675,000.

Profits due to an upward trend in home prices there averaged 20.88% per annum over a 3-year period.

Home owners selling their properties and realtors in ONE MILE usually have to wait an average of 34.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $507.5 mark, reflecting a 3.91% increase in returns based on the current median price in ONE MILE.

ONE MILE, 4305 places 160th in Australia based on median property value growth during the quarter.

Surburb overview

One Mile is a residential suburb located approximately 3.4 kilometres southwest of the Ipswich Central Business District and about 47 kilometres southwest of Brisbane CBD. Covering an area of 1.9 square kilometres, it is part of the City of Ipswich local government area. Leichhardt borders the suburb to the north and west, Churchill to the south, and Yamanto to the southeast.

As of the 2021 Census, One Mile had a population of 2,038 residents. The median age was 37 years, closely aligning with the Queensland median of 38. Households in One Mile are primarily composed of couples without children, with an average household size of 2.5 people. Approximately 84.1% of residents commute to work by car.

The suburb's housing stock predominantly consists of separate houses, with a significant portion of the area zoned for Recreation (36.09%) and Residential Low Density (35.81%). As of early 2025, the median house price in One Mile is approximately $582,000, representing a 19.38% annual growth rate. Rental yields are around 4.46% for houses, with a median weekly rent of $480.

Educational facilities in One Mile include Immaculate Heart Catholic Primary School, a Catholic primary institution catering to students from Prep to Year 6, located at 22 Old Toowoomba Road. The school was established in 1967 and had an enrolment of 186 students in 2018.

Several bus routes service one Mile, connecting the suburb to Ipswich and surrounding areas. The nearest train station is Ipswich Station, providing access to the Queensland Rail City network.

One Mile boasts several parks and recreational facilities, with 10 parks covering nearly 19.2% of the suburb's total area. These green spaces provide opportunities for outdoor activities and community gatherings.

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

One Mile's combination of affordable housing, educational facilities, recreational amenities, and proximity to essential services contributes to its appeal as a residential suburb within the Ipswich area.

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