QLD has seen average median house prices change by 1.91% which means that Walloon, 4306 has done well for property investors by showing a capital gain of 23.08% over the last year
Over the longer term, Walloon has seen property prices show investors a 4.71% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Walloon are currently offering property investors an average price cut of -6.01% below the asking price at the moment.
Ipswich is located inland from Brisbane and the Gold Coast, in the south-east corner of Queensland. Here lies the suburb of Walloon, a growing neighbourhood that is home to around 1500 permanent residentsFull summary
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Large, older homes on bigger blocks
Median house price: $390,000
Three-year growth: -1.3%
Rental yield: 4.8%
Ipswich is located inland from Brisbane and the Gold Coast, in the south-east corner of Queensland. Here lies the suburb of Walloon, a growing neighbourhood that is home to around 1500 permanent residents.
The journey to Brisbane’s CBD from this area is around 50km, though the Ipswich CBD is much closer, around 12km away. The suburb has its own railway station, along with a primary school that carries enrolments of around 230-250 students per year.
Typical housing in Walloon is large, older homes on bigger blocks of land, but there are many new house and land packages coming on the market, priced at around the half-million dollar mark. Some new builds are available for as low as around $420,000, though these come on smaller blocks of land, which may not be as desirable to local tenants and potential owner occupiers, who count the region’s wide open spaces as a major benefit.Close