The Ipswich property market in this report encapsulates aggregate property market conditions in Ipswich, Booval, Brassall, Bundamba, Newtown and Silkstone. The median house price in Q1 2018 was $327,500, which represents an annual price change of 4.0%. Over the same period (Q1 2017 - Q1 2018), house prices in the Ipswich City Council Local Government Area (LGA) softened by -1.3% to $345,000. Hence Ipswich offers a highly unique market whereby houses can be secured at a more affordable price than its LGA, providing great entry price points for first home buyers, whilst also offering a steady and positive capital growth for investors.
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