At number 2427th in the list of Australian suburbs ordered by increase in median house value over the last year, Ipswich, 4305 is in the BOTTOM 50% with a property value increase of -1.39% recorded in median house prices.
While Ipswich,4305 ranked number 794th in QLD for increase in median house value (annualised) increase, it is ranked 460th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Ipswich is offering property investors an average of -6.80. This rate of discount on properties puts Suburb at number 429th in terms of most discounted suburbs in QLD
The QLD suburb of Ipswich, 4305 is in the Ipswich (C) local government area.
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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.