Giving property investors a an unimpressive capital gain of -3.45% for the last year, Ipswich, 4305 is the 2480th highest performer in Australia in this respect.
Across a shorter period, Ipswich, 4305 has seen a median price increase of -2.78% over the last quarter.
Property buyers and investors in Ipswich 4305 should be seeing an average reduction in asking price of around -5.79% . This means that Ipswich is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Ipswich the average time real estate has been on the market is 68.0909 days.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 4.75%, without taking into account capital value appreciation, which has been averaging out at 1.84%.
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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.