This property is Off Market
With an average age of 51, households expect an average monthly mortgage payment of $1,268 or a weekly rent payment of $315. The average family earns a weekly income of $1,593 with a typical household size of 2.7 and a 86.4% employment rate.
In Eastern Heights there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Eastern Heights is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Eastern Heights changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Eastern Heights requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 9%)
Ipswich - East a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
15 / 100
32 / 100
Industry
43 / 100
32 / 100
Population
52 / 100
40 / 100
House Prices
45 / 100
63 / 100
Jobs
26 / 100
31 / 100
Incidents Trend State Average
Ipswich West Special School
West Ipswich, QLD, 4305 State Prep-12
Ipswich Special School
Ipswich, QLD, 4305 State Prep-12
Raceview State School
Raceview, QLD, 4305 State Prep-6
Bremer State High School
Ipswich, QLD, 4305 State 7-12
Bethany Lutheran Primary School
Raceview, QLD, 4305 Independent Prep-6
Claremont Special School
Silkstone, QLD, 4304 State Prep-12
Ipswich Girls' Grammar School
East Ipswich, QLD, 4305 Independent Prep-12
Ipswich Central State School
Ipswich, QLD, 4305 State Prep-6
Ipswich Flexible Learning Centre
Ipswich, QLD, 4305 Independent 7-12
Silkstone State School
Silkstone, QLD, 4304 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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