Eastern Heights is in the bottom 40% in QLD when comparing median price capital growth over the last year. Eastern Heights gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.87%.
Taking the average capital gain, or increase in median house value, Eastern Heights,4305 has racked up an average of -1.87% over the period. This ranks it number 1432th in the whole country for real estate investors looking at median house price increases.
Eastern Heights4305 is located in QLD which offers an average discount of -6.92% to property investors. Eastern Heights itself is showing figures that indicate -6.96% is the average achievable by property buyers investing in the suburb.
Situated 30.70km from the CBD, Eastern Heights is one of Ipswich (C) localities in the postcode 4305.
Information supplied by:
Slow and steady
Median house price: $322,000
Three-year growth: 14.6%
Rental yield: 4.8%
A stone’s throw from the Ipswich CBD, the suburb of Eastern Heights is reporting fairly strong and consistent levels of growth.
Largely residential, this suburb may have limited amenities, but it certainly benefits from being very close to a CBD with an affordable price tag. As a result, Eastern Heights logged 13% growth in the March 2017-2018 period, with houses being on sale for just 46 days. Moreover, this suburb offers investors an average yield of 4.8% on rent off a weekly rate of $295.
Eastern Heights is surrounded by parks, and is home to a few sports fields. Silkstone Primary is in the neighbouring suburb of Silkstone, while Ipswich Central Primary is just to the west.