Could Eastern Heights be the Best area to buy in Ipswich? Read the Best buyer’s agent in Ipswich suburb report on Eastern Heights to find out!
Overview
Eastern Heights is a well-established suburb in Ipswich that combines classic charm with modern conveniences. Known for its tree-lined streets and close-knit community, the suburb offers excellent proximity to amenities, schools, and parks, making it an ideal choice for families, professionals, and investors. Its ongoing property growth and attractive rental yields further highlight its appeal as a desirable investment destination.
Suburb Snapshot
- Median House Price (2024): $670,000
- Annual Growth (2024): 18.6%
- Location Attributes:
- Brisbane CBD: 36 km (Approx. 40 minutes’ drive)
- Ipswich CBD: 4 km (Approx. 6 minutes’ drive)
- Springfield Central: 18 km (Approx. 20 minutes’ drive)
- Gold Coast CBD: 108 km (Approx. 1.5 hours’ drive)
Demographics
Based on the 2021 Australian Bureau of Statistics (ABS) data:
- Population: Approximately 3,970
- Median Age: 38 years
- Housing Types: Predominantly detached houses, reflecting a family-oriented community.
Property Market Overview
Houses:
- Median Price: $670,000
- Median Weekly Rent: $500
- Rental Yield: 3.8%
- Notable Recent Sales:
- 6 Menzies Lane: $685,000 (December 2024)
- 5 Kiah Street: $690,000 (December 2024)
- 17 Cooinda Street: $770,000 (December 2024)
- 45 Salisbury Road: $1,050,000 (October 2024)
- 23 Marvin Street: $1,100,000 (November 2024)
Units:
- Median Price: $356,000
- Median Weekly Rent: $400
- Rental Yield: 5.8%
Long-Term Growth:
Eastern Heights has shown steady growth, with the median house price increasing from $217,000 in 2006 to $670,000 in 2024. This represents an annual growth rate of approximately 5.6% over the past 18 years. Key growth spikes occurred in 2022 (21.3%) and 2024 (18.6%), driven by infrastructure upgrades and increased demand.
Vacancy Rates:
- Vacancy rate as of November 2024: 1.8%
Education Options
- Primary Schools:
- Ipswich Central State School
- St. Mary’s Primary School
- Secondary Schools:
- Ipswich Girls’ Grammar School
- Bremer State High School
- Child Care Centres:
- Eastern Heights Early Learning Centre
- Three additional centres listed on Toddle and CareforKids.
Lifestyle and Amenities
- Shopping: Silkstone Village Shopping Centre and Riverlink Shopping Centre are just minutes away.
- Parks and Recreation:
- Limestone Park: Offers walking trails, picnic areas, and sporting facilities.
- Queens Park: A historic park featuring gardens, a zoo, and playgrounds.
- Cultural Highlights:
- Close to Ipswich’s cultural attractions, including the Ipswich Art Gallery and local heritage sites.
Health and Wellbeing
- Closest Hospitals:
- Ipswich General Hospital (5 minutes’ drive)
- St Andrew’s Ipswich Private Hospital (7 minutes’ drive)
- Local Healthcare: Multiple GP clinics, dental services, and pharmacies within the suburb.
Community and Employment
Eastern Heights boasts a strong sense of community, with numerous local events and active participation in cultural activities. Key employment sectors include healthcare, education, retail, and construction, with many residents commuting to Ipswich CBD or Brisbane CBD for work.
Recent and Planned Developments
- Ipswich Motorway Upgrade: Enhancing connectivity to Brisbane and surrounding areas, set for completion in 2025.
- Limestone Park Master Plan: Includes upgrades to recreational facilities and expanded community spaces, planned for 2026.
For more development projects in Ipswich, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Data |
|---|---|
| Population | 3,970 |
| Median House Price (2024) | $670,000 |
| Median Weekly Rent (Houses) | $500 |
| Rental Yield (Houses) | 3.8% |
| Education Facilities | 4 Schools, 4 Childcare Centres |
| Transport Access | Rail and Road |
Ipswich Buyer’s Agent Introduction
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Conclusion: Why Choose Eastern Heights?
Eastern Heights offers a perfect blend of lifestyle, affordability, and growth potential. With proximity to schools, parks, and healthcare facilities, it’s an ideal choice for families and investors alike. The suburb’s strong community vibe, combined with promising long-term growth, makes it a standout option in the Ipswich region.
Ready to make Eastern Heights your next destination? Contact us today to begin your journey!