With a capital gain of 16.94% for the last 12 months, Ipswich, 4305 has performed for property investments than its average annual 2.80% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ipswich has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.92% to buyers in Ipswich at the moment, which is less than average for the rest of QLD.
In the last year 57 properties changed hands in Ipswich, which puts it as the 404th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3480 per annum or $290 every week.
Satellite city Ipswich is 30km west of Brisbane. It’s linked to the capital via both road and rail, with the train journey into Brisbane taking about an hour. Full summary
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Satellite city Ipswich is 30km west of Brisbane. It’s linked to the capital via both road and rail, with the train journey into Brisbane taking about an hour.
Ipswich is home to a campus of the University of Queensland and an RAAF base. It’s also self-contained amenity-wise, with plentiful shops, restaurants, schools and two hospitals. A major shopping centre is also located in nearby Springfield.
The median house price for central Ipswich sits at around $300,000, but average house prices in surrounding suburbs can be as low as $250,000 for renovation projects.