We have re-done some figures and taking into account all expenses, the property costs us $95 per week.
We have to decide whether the $95 per week is better invested in our property or in Super. The house is on 541sq m block on a main rd.
It does not need any renovations. It is a fibro house cladded in aluminium which is in good condition but locality not so great.

The zoning is CMU12 – Character Mixed Use. Its not feasible to buy land either side because of the way the land was subdivided.

A possibly use could be commercial, but house would have to be pulled down due to lack of parking.

Our property would most likely not increase a lot in value compared to others in Ipswich.

Ella and William

Now that you have mentioned it I think it is Zoned mixed use I will check that. The house was on a larger block that was sub divided in the 1960’s

Maybe the house could be bull dozed one day for a shop!

I dont know if you are aware the Council changed the boundary of Eastern Heights and included the cheaper parts of Raceview I think it is. So I now say we are in the good part of Eastern Heights ! The original prestige part.

So some people may not be aware of the boundary change.