Ipswich City - South-West suburbs of Brisbane
The Ipswich property market benefits from the twin forces of strong population growth and strong housing affordability. Several billion-dollar enterprises across the commercial, residential and transport sectors are bolstering the local economy, delivering infrastructure and generating jobs.
Longer-term planning includes a fast rail service between Ipswich and Brisbane along with extended rail links from Springfield to Ripley, and Ripley to Ipswich via Yamanto.Under Local Government planning, residents of new communities can expect to be working only 20 minutes away from their homes.
Opportunities abound for first-home buyers and investors on a budget to enter the property market. Recently, realestate.com.au identified eight Ipswich suburbs where it is cheaper to buy than rent.
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. This market is poised for another period of growth.
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.