What does 2020 have in store for property investors
Following a year of two halves, 2020 could be a strong one for property investors if they look at the data, an industry expert has suggested...
Based on its average 5-year and quarterly capital gains EAST IPSWICH, 4305 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that EAST IPSWICH, 4305 obtained a 1.25% growth over a ten-year period. It ranks 3409th on our list of suburbs that property investors should look into.
EAST IPSWICH, 4305 in QLD belongs to the local government area of Ipswich (C).
EAST IPSWICH, 4305 has a capital gain of 11.51% for the past year, which is higher than average compared to its 23.26% growth within a five-year period.
With the median home price in EAST IPSWICH sitting at $310,000, and the average rent at $300, property owners could potentially earn a 5.03% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in EAST IPSWICH are high, as opposed to average gains per annum over the past five years.
A 11.51% increase in median property prices in EAST IPSWICH, 4305 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 88th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $310,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 9.15% | N/A |
| Median 12 month | 11.51% | N/A |
| Median 3 years | 9.73% | N/A |
| Median 5 years | 23.26% | N/A |
| 10 years average annual | 1.25% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 97.7 days | N/A |
| Gross Rental Yield Percent | 5.03% | N/A |
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