Ipswich City - South-West suburbs of Brisbane
Ipswich appeals as a market offering housing affordability and ongoing strong demand fueled by population growth and the emergence of major new jobs nodes.
Strong population growth boosted by the availability of land for new housing developments has led to Ipswich being named one of the fastest-growing real estate markets in Australia. This development activity is being accompanied by major spending on infrastructure and property investment.
Ipswich has shown strong price growth in the past - prices rose strongly in the five years to 2009, giving Ipswich City the strongest capital growth averages in the Greater Brisbane region.
We believe its evolution as a headline hotspot will continue in the future. Many suburbs are attractively affordable for first-home buyers and investors on a budget.
Big infrastructure projects, including the recent announcement of the $5 billion Defence contract to build armoured vehicles, the $2.8 billion upgrade of the Ipswich Motorway, the $1.5 billion rail link to the Springfield master-planned community and major expansions at the Amberley RAAF Base, have added to the area’s appeal because this kind of investment creates employment and demand for real estate.
A feature of the growth of Ipswich City is the number of major national companies and government departments which have moved into the area in recent years.
This report covers the suburbs of Augustine Heights, Bellbird Park, Brassall, Bundamba, Camira, Collingwood Park, Eastern Heights, Goodna, Leichhardt, North Ipswich, Raceview, Redbank Plains, Ripley, Silkstone, Springfield, Springfield Lakes and Yamanto.