Ipswich set to boom?
There’s no doubt that Ipswich has gone ahead over the past decade, with growth in business, employment and infrastructure. It has also experienced significant growth in terms of property prices, with many predicting it will outpace Brisbane over the coming year.
Kieran Banks of The Queensland Times reports that real estate analyst Terry Ryder – founder of hotspotting.com.au – sees the potential for Ipswich to perform twice as well as its capital city neighbour.
IPSWICH real estate capital growth is tipped to double the return of Brisbane properties in three years, experts predict.
The property market’s slow recovery is expected to continue this year with signs of brighter future on the horizon.
But the three-year outlook is promising, according to real estate analyst and hotspotting.com.au founder Terry Ryder.
Mr Ryder expects the capital growth of Ipswich properties to rise by 15% over the next three years, compared with 7.5% in Brisbane properties.
Whether or not Ipswich does perform as expected remains to be seen, but I have long viewed the city as one with great investment opportunity and in a real estate investment market that is still a little hit and miss at the moment, all indicators are that Ipswich is one of the safer bets in 2013.
