Ipswich has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 18.88% to date .
The five-year average increase in median property values for Ipswich,4305 has given property investors a potential capital gain of 42.14% across each of those five years.
At number 390th of QLD’s most discounted properties, Ipswich is in the middle of the state/territory when listing in order of most discounted to least.
With the median price for a house in Ipswich being $425000 and the advertised rent reaching $325 the gross rental yield for property investors calculates out to be 3.98%
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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.