Ipswich is in the bottom 30% in QLD when comparing median price capital growth over the last year. Ipswich gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.66%.
Comparing Ipswich,4305 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Ipswich, 4305 is offering QLD ‘s 113th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.49%, without taking into account capital value appreciation, which has been averaging out at 1.02%.
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. Full summary
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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.