Many were going to invest in Ipswich a few years ago (and many did) - it is always interesting to consider how much money you would have made (or have actually made) by going back in time.
Here's 4 suburbs we picked in Ipswich (Newtown QLD, Woodend QLD, Sadliers Crossing QLD, South Ripley QLD). We have run the suburb capital growth report from 2019 (before COVID) till now.
Newtown QLD - median price increased from $337,500 to $674,000 (annual capital growth of 14.84% per year)
Woodend QLD - median price increased from $390,000 to $575,000 (annual capital growth of 8.07% per year)
Sadliers Crossing QLD - median price increased from $360,000 to $700,000 (annual capital growth of 14.22% per year)
South Ripley QLD - median price increased from $456,000 to $730,000 (annual capital growth of 9.87% per year)
This is impressive 'eye-watering' growth - Sadliers Crossing median prices literally doubled in less than 5 years meaning anyone who invested there will be laughing to the bank.
We have also run the vendor discount rate report for the 4 same suburbs above - as you can see below all 4 suburbs are currently showing negative vendor discount rates, meaning property in these suburbs are still selling at a premium.
Look at Sadliers Crossing - properties sold at 14.11% higher than the original listed prices.
How much growth is still left in the Ipswich suburbs?
There are suburbs like Ipswich out there now - to get ahead of the game now, go and subscribe to PropertyDirector's Professional plan to keep these valuable suburb data insights in your pocket to make your next move - https://www.propertydirector.com.au/registration/3.
