Barellan Point

POSTAL CODE: QLD, 4306
HOUSE

Property investors enjoyed capital gains of 6.58% over the last 12 months in BARELLAN POINT, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in BARELLAN POINT are low, as opposed to average gains per annum over the past five years.

The suburb posted a 20.89% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in BARELLAN POINT.

BARELLAN POINT, 4306 ranks 781st in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 756th on the list of best yielding suburbs for rental properties in QLD, posting a N/A return.

Surburb overview

Barellan Point is a rural residential suburb within the City of Ipswich, Queensland, situated approximately 13.3 kilometres northeast of the Ipswich Central Business District and about 44.3 kilometres southwest of Brisbane's CBD. The Brisbane River bounds the suburb to the east and the Bremer River to the south, offering a natural setting with waterway views.

According to the 2021 Census, Barellan Point had a population of 1,173 people. The median age was 43 years, which is higher than the Queensland median of 38. The suburb's housing stock predominantly consists of separate houses, reflecting its rural residential character.

Public transportation options in Barellan Point are limited. Residents can access train services via the Riverview station, with trains to Brisbane's Central station taking approximately 58 minutes. Bus services, such as Route 514, operate in the area, providing connections to surrounding suburbs and the Ipswich central business district (CBD).

Essential establishments, including educational institutions and healthcare facilities, are accessible in neighbouring suburbs. Karalee State School, situated in the adjacent suburb of Karalee, caters to primary students in the area. For secondary education, students typically attend schools in Ipswich. Healthcare services are available in the Ipswich Central Business District (CBD), with Ipswich Hospital serving the region.

Several parks and reserves support recreational activities in Barellan Point. Joseph Brady Park, located at the confluence of the Brisbane and Bremer Rivers, offers picnic facilities and open spaces. The park was officially opened in 1988 to commemorate the achievements of engineer Joseph Brady.  Other green spaces in the suburb include Faulkner Crescent Reserve, Findlay Park, and Mitchell Street Reserve.

Barellan Point's blend of natural surroundings and proximity to essential services contributes to its character within the Ipswich region.

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