Chuwar

POSTAL CODE: QLD, 4306
HOUSE

Property investors enjoyed capital gains of 13.69% over the last 12 months in CHUWAR, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in CHUWAR are low, as opposed to average gains per annum over the past five years.

The suburb posted a 42.74% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

On average, rents on listings have reached the $650 mark, reflecting a 3.46% increase in returns based on the current median price in CHUWAR.

CHUWAR, 4306 ranks 457th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 507th on the list of best yielding suburbs for rental properties in QLD, posting a 3.46% return.

Surburb overview

Chuwar is a semi-rural suburb within the City of Ipswich, Queensland, located approximately 7.5 kilometres northeast of the Ipswich Central Business District and about 32.8 kilometres west-southwest of Brisbane's Central Business District. The suburb encompasses an area of 8.9 square kilometres and is characterised by leafy streets and solid brick homes, particularly along Allawah Road, Lansdowne Way, and Brodzig Road.

As per the 2021 Census, Chuwar had a population of 2,178 residents. The suburb's demographic profile includes a majority of Australian-born individuals, with English being the predominant language spoken at home.

Road networks primarily facilitate public transportation in Chuwar. Mount Crosby Road traverses the suburb, providing direct access to Ipswich and Karana Downs. The Warrego Highway connects residents to Brisbane and Toowoomba.

Essential establishments in Chuwar include a service station, a produce store, two churches, a veterinary surgery, and a motorcycle track. For broader retail needs, residents often visit the neighbouring suburb of Karalee, which hosts a shopping centre with a major supermarket. Educational facilities are located in adjacent suburbs, with Mount Crosby State School, Tivoli State School, and Brassall State School serving primary students, and Ipswich State High School in Brassall catering to secondary education.

Recreational activities in Chuwar are highlighted by Colleges Crossing, a popular park and river crossing on the Brisbane River. This area offers walking trails, lookouts, and clean water suitable for swimming and fishing. Additionally, the suburb's churches, such as Chuwar Baptist Church and Rivers of Life Christian Church, host community events, including the annual Street Party and market stalls, fostering a sense of community engagement.

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