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Drayton vs Ipswich

Property investment comparison - Drayton, QLD 4350 vs Ipswich, QLD 4305

Head-to-head across core investment metrics: Drayton wins 3, Ipswich wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricDraytonIpswich
Median house price$830K$830K
Median unit price$610K$660K
Gross rental yield (houses)3.60%3.63%
Gross rental yield (units)3.83%3.17%
1-year house growth+23.6%estimate+13.4%estimate
3-year house growth--
Vacancy rate0.4%0.2%
Population1,8132,468

Drayton vs Ipswich: what the numbers say

Houses cost about the same in both suburbs: the median house price is $830K in Drayton and $830K in Ipswich.

For units, Drayton sits at a median of $610K against $660K in Ipswich, which makes Drayton the more affordable unit market and Ipswich the pricier one.

Gross rental yield on houses is effectively level, at 3.60% in Drayton and 3.63% in Ipswich, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +23.6% in Drayton (an estimate) and +13.4% in Ipswich (an estimate), so recent momentum favours Drayton, although both suburbs recorded growth.

Rental vacancy is 0.2% in Ipswich and 0.4% in Drayton, so landlords in Ipswich face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Ipswich is the bigger suburb, with a population of 2,468 against 1,813, larger than Drayton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Drayton for recent price momentum, Ipswich for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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