South Station Road Dual Occupancy
Silkstone is a small residential suburb in Ipswich, Queensland, located just 3 km east of Ipswich CBD and about 39 km southwest of Brisbane. Covering around 2 km², it had a population of approximately 3,830 in 2021, with most residents aged between 20 and 39.
Silkstone offers a blend of historic character and modern convenience. Tree-lined streets feature original Queenslander homes alongside newer builds, reflecting its rich heritage. The community feels tight-knit and family-oriented. Casual recreation centres around local parks like Silkstone Park and Jim Donald Parklands, perfect for picnics, playgrounds, and community events.
Shoppers enjoy quick access to Booval Fair Shopping Centre just north of Glebe Road, offering supermarkets, specialty shops, cafes, and medical services. A smaller precinct, Silkstone Village, has recently been upgraded, adding retail, dining, and community pods to support local needs.
Silkstone State School (Prep–Year 6) on Molloy Street is heritage-listed and well-regarded. For secondary education, families often turn to Bremer State High School or Ipswich Girls’ Grammar nearby.
The property market is strong and rising. The median house price is around $630,000–$650,000, up 17–25% over the past year, with homes selling in roughly 11–20 days. Around 78% of homes are standalone houses, with the rest made up of townhouses and units. Rental yields for houses are between 4.2% and 4.7%, with a median weekly rent of about $500–$520.
Silkstone skews young: most residents are in their 20s to 30s. Owner-occupiers represent 60–67% of households, with the rest renters; the suburb includes a mix of families and singles. Median weekly household income is roughly $950–$1,100, and mortgage repayments are typically between $1,000–$1,399 per month.
Connectivity is excellent. Booval train station nearby provides regular services into Ipswich and Brisbane, and bus routes run through the area. Most residents rely on cars, although public transport is a reliable option.
Crime is slightly above average. Property crime runs at about 61 incidents per 1,000 people and violent crime at roughly 5 per 1,000—placing Silkstone below the Greater Brisbane average but higher than many suburban peers. Most residents report feeling comfortable, with local feedback noting a quiet, family‑friendly neighbourhood and limited safety concerns.
In summary, Silkstone offers strong capital growth, solid rental yields, and a youthful, community-focused environment. It combines character homes, reliable transport, and local amenities with affordable housing in a well-connected Ipswich suburb. However, moderately higher crime rates and a reliance on nearby centers for major services are factors to weigh. This makes it particularly suitable for families, young professionals, and investors seeking value close to the Ipswich nucleus.
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.
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- Disclaimer: The exact location of the property may not be accurately shown on the map as in some cases the property suburb only has been picked. Any address can be provided upon enquiry. Please consider this when using the map and the Travel Time Estimator above.
Nearby Properties
Properties located within a 50-kilometer radius of the current property.
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