Strong demand reflected in hike in property values

SILKSTONE – Three-bedroom, one bathroom, 809sqm block.
SOLD 2004 for $215,000 – Sold 2022 for $468,988

This week we look at the impact of the strong real estate market and how it has increased values across all suburbs in the Ipswich City region.

New land valuations show that property values in these suburbs have increased since 2018 by:

Brassall 10%
Bundamba 29.3%
Deebing Heights 20.3%
Ipswich 9.6%
One Mile 10%
Sadliers Crossing 9.9%
Silkstone 20.6%
Yamanto 20%

BRASSALL – Three-bedroom, one bathroom, 1214sqm block.
SOLD 2008 for $347,500 – Sold 2022 for $626,000

ONE MILE – Three-bedroom, one bathroom, 2044sqm block.
SOLD 2008 for $330,000 – Sold 2022 for $562,850

YAMANTO – Four-bedroom, two bathroom, 900sqm block.
SOLD 2010 for $345,000 – Sold 2022 for $580,000

BUNDAMBA – Four-bedroom, two bathroom, 634sqm block.
SOLD 2009 for $310,000 – SOLD 2022 for $480,000

IPSWICH – Two-bedroom, one bathroom, 607sqm block.
SOLD 1991 for $30,000 – SOLD 2022 for $295,000

DEEBING HEIGHTS – Four-bedroom, two bathroom, 388sqm block.
SOLD 2014 for $180,709 – Sold 2022 for $520,000

SADLIERS CROSSING – Four-bedroom, two bathroom, 928sqm block.
SOLD 1991 for $62,000 – SOLD 2022 for $675,000

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