If you compare the increase in value of investment property in Ipswich, 4305 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.78%.
When looking at the potential capital gains offered to property investors over the last 3 years, Ipswich comes in at number 235th in QLD.
Property investors looking for a bargain in Ipswich should be aiming for at least -5.79% off the asking price, which is the average vendor discount being achieved at the moment.
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.