08 March 2017

Augustine Heights tops Ipswich urban land values

Augustine Heights: Highest urban
land valuation across Ipswich,
 reflecting major growth across
the suburb.
Ipswich non-rural land values have increased by 13.06% during the past 2 years, according to official figures released by the Queensland Valuer-General.

Augustine Heights now has the highest average urban land valuation of $285,669 across the city’s 82 suburbs, reflecting major development in the suburb since 2015, just outstripping Ripley’s average valuation of $279,712.

The city’s average non-rural land valuation is $205,171.

South Ripley recorded the highest percentage increase of 29.31% followed by Ripley 29.2%, Camira 24.98%, Deebing Heights 23.76% and Springfield 23.53%.

Ipswich’s eastern suburbs scored increases of 20.24% at Augustine Heights, 19.98% at Bellbird Park, 19.41% at Springfield Lakes and 18.83% at Brookwater.

Blacksoil went backwards by minus 3.6% compared with the 2015 valuation.

The top 10 increases for urban land across Ipswich showing the average land value in those suburbs:

South Ripley              29.31%            $269,167
Ripley                          29.20%            $279,712
Camira                         24.98%            $240,430
Deebing Heights        23.76%            $237,510
Springfield                   23.53%            $250,247
Augustine Heights      20.24%            $285,669
Bellbird Park               19.98%             $210,117
Springfield Lakes       19.41%             $222,143
Brookwater                  18.83%             No individual valuations
West Ipswich               17.72%             $273,268

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