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Eastern Heights

POSTAL CODE: QLD, 4305
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EASTERN HEIGHTS ranks 142nd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 5.42% for the past year is lower than average compared to its 108.7% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in EASTERN HEIGHTS, the median home price is sitting at $720,000, and the average rent at $550, this suggests property owners could potentially earn a 3.97% increase in gross rental yield.

Property investors have seen a 2.86% gain in EASTERN HEIGHTS based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.68% growth over a ten-year period. It ranks 4253rd on our list of suburbs that property investors should look into.

Surburb overview

Eastern Heights, situated approximately 2 kilometres east of the Ipswich central business district and about 37 kilometres southwest of Brisbane CBD, is a residential suburb within the City of Ipswich, Queensland.

According to the 2021 Census, Eastern Heights had a population of 3,631 residents. The suburb features a diverse demographic profile, with a mix of family households and older residents.

Public transportation in Eastern Heights includes several bus routes, notably the 500, 502, and 503, which connect the suburb to Ipswich and surrounding areas. The nearest train stations are Thomas Street Station and Ipswich Station, located approximately 2.3 and 3.2 kilometres away, respectively.

Essential establishments in the area encompass educational institutions such as Silkstone State School and Bremer State High School, providing primary and secondary education options. Healthcare services are accessible at Ipswich Hospital and St Andrew's Ipswich Private Hospital, both situated within a short distance from the suburb. Nearby shopping centres, including Riverlink Shopping Centre, cater to retail needs by offering a variety of stores and services.

Recreational facilities in Eastern Heights include Limestone Park, a venue equipped for various sports and outdoor activities. Hancock Park offers playground equipment and picnic facilities, catering to families and community gatherings. Jim Donald Parklands provides open spaces suitable for walking and casual sports.

The suburb also features heritage-listed sites, including Fairy Knoll and Garowie, which reflect its historical significance within the region.

Eastern Heights combines residential living with access to essential services and recreational amenities, contributing to its established character within the Ipswich area.

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