Property investors who have had real estate in Ipswich, 4305 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.81%
If we look at median property appreciation over just the last three months, Ipswich has given property investors a paper return of 5.52%. This puts Suburb as 96 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Ipswich should be aiming for at least -6.32% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $15470 per annum or $297.5 every week.
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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.