Ipswich has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 22.48% to date .
Comparing Ipswich,4305 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Ipswich, 4305’s gross rental yield is 3.67%
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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.