Over the last year, property investments in Ipswich, 4305 have given investors a capital gain of 12.80%. This compares badly with the 15.40% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ipswich has increased when compared to the 5 year average annual rate.
Property buyers and investors in Ipswich 4305 should be seeing an average reduction in asking price of around -3.72% . This means that Ipswich is holding prices well when compared to other suburbs in QLD.
In the last year 56 properties changed hands in Ipswich, which puts it as the 579th most active market in QLD when comparing the number of sales per suburb.
Situated 32.26km from the CBD, Ipswich is one of Ipswich (C) localities in the postcode 4305.
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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.