We construct full broadband models in an analysis of Suzaku observations of nearby Seyfert 1 AGN (z<0.2) with exposures >50ks and with greater than 30000 counts in order to study their iron line profiles. This results in a sample of 46 objects and 84 observations. After a full modelling of the broadband Suzaku and Swift-BAT data (0.6-100 keV) we find complex warm absorption is present in 59% of the objects in this sample which has a significant bearing upon the derived Fe K region parameters. Meanwhile 35% of the 46 objects require some degree of high column density partial coverer in order to fully model the hard X-ray spectrum. We also find that a large number of the objects in the sample (22%) require high velocity, high ionization outflows in the Fe K region resulting from Fe XXV and Fe XXVI. A further four AGN feature highly ionized Fe K absorbers consistent with zero outflow velocity, making a total of 14/46 (30%) AGN in this sample showing evidence for statistically significant absorption in the Fe K region. Narrow Fe K alpha emission from distant material at 6.4 keV is found to be almost ubiquitous in these AGN. Examining the 6-7 keV Fe K region we note that narrow emission lines originating from Fe XXV at 6.63-6.70 keV and from Fe XXVI at 6.97 keV are present in 52% and 39% of objects respectively. Our results suggest statistically significant relativistic Fe K alpha emission is detected in 23 of 46 objects (50%) at >99.5% confidence, measuring an average emissivity index of q=2.4\pm0.1 and equivalent width EW=96\pm10 eV using the relline model. When parameterised with a Gaussian we find an average line energy of 6.32\pm0.04 keV, sigma width=0.470\pm0.05 keV and EW=97\pm19 eV. Where we can place constraints upon the black hole spin parameter a, we do not require a maximally spinning black hole in all cases.