Ipswich vs Deception Bay for Growth - 3 bed house 300k

Discussion in 'Where to Buy' started by Timwest, 13th May, 2016.

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Ipswich vs Deception Bay - 3 bed house 300k

  1. Ipswich

    14 vote(s)
    58.3%

  2. Deception Bay

    10 vote(s)
    41.7%
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  1. hash_investor

    hash_investor Well-Known Member

    Joined:
    11th Oct, 2015
    Posts:
    2,440
    Location:
    Sydney / Canberra
    Tekoz's park ridge ! Awesome
     
    hash_investor, 26th May, 2016
    #21
    Tekoz likes this.
  2. +men

    +men Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    152
    Location:
    Sydney
    I know park ridge is unforgetable
     
    +men, 26th May, 2016
    #22
    Tekoz likes this.
  3. Tekoz

    Tekoz Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,374
    Location:
    Sydney
    Yes, I agree with you @+men.
     
    Tekoz, 27th May, 2016
    #23
  4. Tekoz

    Tekoz Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,374
    Location:
    Sydney
    Correct, don't forget for this suburb where you can buy cheap and soon becoming one of the great suburb in QLD.
     
    Tekoz, 27th May, 2016
    #24
  5. Scott O'Neill

    Scott O'Neill Active Member

    Joined:
    3rd Jun, 2016
    Posts:
    42
    Location:
    Sydney
    I like Ipswich for the following reasons:
    • Ipswich is the fastest growing LGA (Local Government Association) in Queensland with the forecast average annual growth of between 4.1% and 5.4% p.a. to 2030 which is significantly higher than the QLD state average (1.5% to 2.3% p.a.) (Source: Qld State Gov. PIFU)
    • Employment in Ipswich LGA expected to increase over 150% from 2008 to 2026 (Source - AEC Group)
    • QLD Government projections forecast that Ipswich will be home to up to 532,581 persons in 2030 (142,400 at 2006) (Source: Qld State Gov. PIFU).
    • There is a new train line proposed to join Springfield lakes and Ipswich around 2021.
    • The area has had a very poor 10 year growth period which has contributed to yields increasing and affordability rising for home owners.
    • There is gentrification taking place.
    • There is ripple effect growth happing due to Suburbs such has Springfield lakes and Camira being considerably more expensive.
    • Flood free Brick houses under $300,000 only 35 min from a major CBD in Australia are basically non existent ouside this area.
    As a result my company is buying up big time in this area and we will continue to do so as long as vacant rates remain tight.

    Scott O'Neill
     
    Scott O'Neill, 3rd Jun, 2016
    #25
    Tekoz, blackrocky, Corkey and 2 others like this.
  6. Michael Nguyen

    Michael Nguyen Active Member

    Joined:
    2nd Mar, 2016
    Posts:
    32
    Location:
    Sydney
    Michael Nguyen, 3rd Jun, 2016
    #26
    Tekoz and Heinz57 like this.
  7. Dwalsh

    Dwalsh Well-Known Member

    Joined:
    14th Dec, 2015
    Posts:
    75
    Location:
    Nsw
    I liked them both so I bought one in each then another in logan as well. Had all of them about two years and my logan and dbay has gone up about 45 k each. I'm now not sure if I should go Victoria now to diversify or go another cheapie in Goodna/ redbank plains
     
    Dwalsh, 4th Jun, 2016
    #27
    Tekoz and Taku Ekanayake like this.
  8. Heinz57

    Heinz57 Well-Known Member

    Joined:
    18th Jun, 2015
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    1,977
    Location:
    Paradise
    Heinz57, 4th Jun, 2016
    #28
  9. Azazel

    Azazel Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,091
    Location:
    Brisbane
    Ipswich isn't 42km to CBD. It might be 42kms to Brisbane,
    Some might use semantics to say Logan may as well be part of Brisbane, but Ipswich is well and truly a separate city.
     
    Azazel, 4th Jun, 2016
    #29
  10. Mick Butterfield

    Mick Butterfield Well-Known Member

    Joined:
    15th Jan, 2016
    Posts:
    740
    Location:
    Bermagui NSW
    The exact reasons we bought in the area. Less competition atm also.
     
    Mick Butterfield, 4th Jun, 2016
    #30
    Tekoz and Scott O'Neill like this.
  11. Timwest

    Timwest Well-Known Member

    Joined:
    11th Feb, 2016
    Posts:
    112
    Location:
    Sydney/Wollongong
    Google maps says its 42.8km driving via M5 and M2.
     
    Timwest, 4th Jun, 2016
    #31
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