Investment property in Laidley Heights has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.77%
Laidley Heights,4341 was ranked 1778 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -6.21% to buyers in Laidley Heights at the moment, which is less than average for the rest of QLD.
The QLD suburb of Laidley Heights, 4341 is in the Lockyer Valley (R) local government area.
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Midpoint suburb recovers
Median house price: $335,000
Three-year growth: -10.67%
Rental yield: 4.81%
About 45 minutes west of Ipswich is the suburb of Laidley Heights. This suburb has been experiencing a resurgence following a slump three years ago.
With a median price of less than $350,000, houses in Laidley Heights are quite inexpensive. This could account for the 16% growth reported in the past 12 months, and the 15.4% increase logged in the December 2016 quarter alone. This seems like a good time to get into the market, especially with the average rental return of 4.8%. Vendors can also sell at discount rates of less than 5%.
Laidley Heights lies between Ipswich and Toowoomba, and directly to the east of this suburb is the town of Laidley, which is known for its beetroot production. Thus, residents have access to amenities such as the Laidley Golf Club. Various roads can take locals to the city, such as National Route 54.