Wulkuraka

POSTAL CODE: QLD, 4305
HOUSE

Property investors have seen a 2.11% gain in WULKURAKA based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on WULKURAKA, 4305 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 15.91%.

Based on its average 5-year and quarterly capital gains WULKURAKA, 4305 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $725,000

Profits averaged 15.67% per annum over a 3-year period, due to an upward trend in home prices in WULKURAKA, 4305.

This means, real estate investors could earn a rental income of $510 based on current median home prices for the suburb.

The gross rental yield in WULKURAKA, 4305 is 3.66%.

An average of 2.83 real estate transactions take place per month in WULKURAKA which translates to 34 per annum.

Surburb overview

Wulkuraka, situated approximately 6 kilometres west of the Ipswich Central Business District and approximately 49.1 kilometres southwest of Brisbane's Central Business District, is a suburb within the City of Ipswich, Queensland.

As per the 2021 Census, Wulkuraka had a population of 1,325 residents. The suburb spans an area of 3.6 square kilometres and is characterised by a mix of residential, recreational, and industrial zones. The predominant age group is 0–9 years, indicating a youthful demographic.

Public transportation in Wulkuraka is facilitated by the Wulkuraka railway station, which provides Queensland Rail City network services to Rosewood, Ipswich, and Brisbane via the Ipswich line. The station is located on Grace Street and is part of the Main Line. Additionally, bus services, such as the 506, operate in the area, connecting residents to nearby suburbs and the Ipswich central business district (CBD).

Essential establishments, including educational institutions and healthcare facilities, are accessible in neighbouring suburbs. The nearest government primary schools are Blair State School in Sadliers Crossing and Leichhardt State School in Leichhardt. For secondary education, Ipswich State High School in Brassall and Bremer State High School in the Ipswich central business district (CBD) serve the area.

Several parks and reserves in Wulkuraka support recreational activities. Wulkuraka Park, located at 98 Toongarra Road, offers amenities such as playground equipment, picnic facilities, and a dog off-leash area. The suburb is also the southern terminus of the Brisbane Valley Rail Trail, a 161-kilometre trail suitable for walking, cycling, and horse riding.

Wulkuraka's blend of residential areas, access to public transport, and recreational facilities contributes to its character within the Ipswich region.

You’re out of free articles for this month
Loading form...