QLD Ipswich

And?

 

once logan man, always a logan man...

 

Ipswich house prices looking up in "seller's market”

Heating up on the ground.

"The REIQ Ipswich zone chair said the final three months of 2016 were strong with a lot of buyers competing for limited stock.

"It's a seller's market," Mr Boettcher said.

"It's going to continue to be a seller's market.

"There's been some good prices out there for some houses.

"The bad days are over, there are no more bad days ahead.

"The interest rates are the cheapest in history and the only way is up. I believe they will move up in the next year. Prices are moving now."

Mr Boettcher said he had particular confidence in the suburbs of Silkstone and Eastern Heights.

"I've been touting these two suburbs as sleeping giants," he said.

"In Silkstone you've got post-war homes and big Colonials and it's close to the railway station - we're finding that those post-war homes that were $220,000 12 months ago are selling for over $300,000.

"The growth there has been really solid."

 

HEllo all, I'm looking at a property in Nth Ipswich, sight unseen (will be having a building pest inspection) but was afer some opinions about this suburb from people who are familiar with the area. I would love to do this myself but it's tricky for me to get up there so trying to get all information possible from any kind souls happy to share. Any advice or opinions welcomed and appreciated.

 

Having recently spent some time visiting and researching Ipswich, I feel I have a fairly good understanding of the area. North Ipswich seems a nice suburb, however in my opinion there are areas south of the river with more owner occupier appeal for similar money. These suburbs have slightly better access to the University, the Hospital, shops, both Grammar schools and the train line. Having said all that, the southern part of North Ipswich is closer to the action, just be careful of flood zones.

One big plus for North Ipswich is its access to the Warrego Highway (it runs straight through Nth Ipswich), providing great access to Brisbane.

 

Thanks Alfiesausagedog, have looked at the flood maps and this one was unaffected in 70 and 11. I like that it is an older style (earlier than the post war) but am wondering why property in such close proximity to the city of Ip is still relativey cheap. Will keep researching!

 

Because Ipswich hasn't been discovered yet!

Beautiful Ipswich character homes vs drab outer Brissy suburbia (Inala, Oxley, Forest Lake, Darra etc) - I know what I would pick any day!

 

Send me a message if you're looking for an agent in Ipswich who specialises in character homes (belongs to historical societies etc.) and seems to have a very good understanding of the area (and its history).

This particular agent gave us access to 3 properties that were yet to hit the market (all 3 sold within 24 hours). From what I've observed recently, the best stock is being snapped up fast (off market), a lot of it selling within a couple of days.

Brisbanites are slowly realising what's on offer in Ipswich for less than half the price. I'm so glad we got in now and didn't leave it another 12 months.

 

Tourism Research Australia's national visitor survey for the 12 months to September of 2016, which has seen a 23% increase in domestic overnight visitors to Ipswich.

Ipswich's increase is outstripping more fancied tourist hotspots. For the same period Brisbane experienced a 5% increase in overnight visitors and Gold Coast 4%.

Promotion the key to Ipswich tourism boom

Destination Ipswich maate

 

Captain Mike hails Ipswich tourism spike

Believee that!

"We went in, picked them up and brought them here and once they saw what Ipswich had to offer they said that when they came back next year they would stay here instead of in Brisbane because there is a lot more to do outside of the city.”

 

Especially if you love the outdoors or have younger kids.

The Scenic Rim region (which borders Ipswich city council) has some of the best scenery in Australia. There's so much to do and see in this corridor I'm not surprised the tourism is up.

 

"SELLING a home in Ipswich will take an average of just 40 days and one property expert is warning Queensland's most affordable city is headed for a housing shortage.

The demand for homes in Ipswich is increasing rapidly as renters, owners and investors flock to the city to take advantage of the comparatively low property prices."

https://www.qt.com.au/news/what-this-expert-is-predicting-for-the-ipswich-pro/3145393/

It's warming up

 

I will be keen to go and check it out once they finish the new CBD I actually quite like the old one to be honest I thought it had a bit of character down certain streets so hopefully the new CBD will be sympathetic to that still seems to me that 40 days is a long time to sell a house I am seeing houses in Brisbane cell within 14 days maximum of 21 if they are a reasonable property and I'm not talking about complete bargains those go immediately.
We should have in Ipswich meet up once they finish the construction.
Brisbane's Paramatta. They should do a ferry that goes up to Ipswich but more of a tourist thing I think it would be a slow commute

 

Ipswich has been discovered. Everybody knows about Ipswich. It's far away. Generally Ipswich booms after Brisbane booms. I cannot see that changing. just like we are seeing Newcastle now starting to pump after Sydney winds down.
I think Ipswich close to the train station in the CBD area in a majority character pocket is not a bad proposition.
One of the most strategic things that Ipswich could do is get really tough on character control and Heritage protection. That is definitely something that has going for it. Lots of beautiful original Queenslanders that people are starting to snap up. Those types of character aesthetics are important for that sort of town because you're not by water or anything.

 

I agree 40 days isn't exactly breathtaking compared to Brisbane's in demand suburbs, but its the decreasing trend of 70-60-50-40 days that is also interesting, and like Brisbane, the best ones are going before they're hitting the market. In 6 months I've already seen the median go up in a number of the inner suburbs. It's not staggering, but still below previous peaks, and like you said everyone knows about ipswich, but really the difference is now for many o/o's chasing the lifestyle, its increasingly an attractive option. Its actually unbelievable what inner ipswich offers in terms of value for money going forward, and for people that like to buy when the popularity is only starting to simmer it's worth looking into. I've always said its about the established character suburbs near the CBD. This is the demand and what people priced out of Brisbane queenslanders/character houses are looking for and emotionally buying. Bet they never thought they'd be able to have the dream renovated queenslander on a big block for 1/3 of the price of Brisbane, but still with the lifestyle/amenity and close enough Brisbane. Ipswich is coming out of a long lull and i think it'll come into its own eventually as the changes I'm seeing continue. Ipswich won't outshine Brisbane or ever be as expensive, but these inner ipswich areas will certainly make the most of Brisbanes increasingly unaffordability going forward.

 

It's not a big force of attraction to the area, but the fact they are even considering it shows the the growth and outlook of growth in the area. It'd be a minor coup if Ipswich stole this from under the nose of Logan.

"Since the announcement that Costco was looking for a new south-east Queensland site, several parcels of land in Ipswich have been rumoured to be in the US grocery giant's sights.

In December 2016 the Masters site at Springfield seemed the likely spot, although a property at Wacol had also been flagged as the potential new home for Costco and there is also chatter about the superstore setting up at Bundamba.

Costco has been tight-lipped about its intentions and talk of Logan being the chosen city have been raging since 2015.

A spokesperson has previously hinted that any new Queensland site would follow the same design and layout plan as the North Lakes site with ground-level retail, fuel station and parking."

UPDATE: How an Ipswich Costco would benefit you

 

According to the Valuer-General's Property Market Movement Report, released this week, overall growth in Ipswich and Logan was greater than neighbour Morteon Bay Regional Council, valued in 2016 and 2015.

Ipswich land increasing in value: Report

 

Interesting.

 

Any thoughts on whether this might have an effect on property values?

Council to throw full resources behind A-League bid

 

I've exceeded my limit of articles read, so can't see this one. But found an article on another website. I figure if there's a decent facility it may have minor effect.

I'd say it's a combination of things in an area/pocket that help transform and area. Ie so say they do something like this in North Ippy/close to the CBD, in-combo with the CBD/Mall upgrades then it's a compiling effect. Ippy is a large area and such things would only impact local to the facility I'd imagine.