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08 October 2010

Ipswich's million dollar properties

PRESTIGE properties across Ipswich are reaching the $1 million mark
for the first time as the region continues to defy nationwide trends.

Residential suburbs such as Karalee, Brookwater and Augustine Heights
have joined rural areas like Esk, Lowood and Fernvale in seeing top
properties passing the $1 million milestone.

REIQ Ipswich Zone chairman Peter Mendoza said an August sale at
Sadliers Crossing was the latest property to break the six-figure
barrier.

"We had a recent sale of $1.1 million in Burnett Street that was a bit
of a milestone," he said.

In Augustine Heights you've got some places selling for $700,000 to $800,000.

Full story: QT.com.au

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