City of Ipswich
Why Ipswich?
Ipswich is a rapidly growing regional city located around 40 km southwest of Brisbane, with a current population of approximately 229,000—projected to more than double to over 500,000 by 2046. Its strategic position with multiple highway connections (Ipswich, Cunningham, Warrego, Logan motorways) and rail links makes it a major logistical hub. The local economy is diversified across manufacturing (18% of workforce), healthcare, education, retail, and logistics, further strengthened by a significant military presence at RAAF Amberley and ongoing investment in digital innovation and infrastructure.
Investment Highlight:
Median house price: A$733,125 (May 2024–Apr 2025), with 5.1% annual growth
Median unit price: Not available at city level, but suburbs are active with strong demand
Rental yields: Houses yield around 4.2%; units yield about 4.4%
Median weekly rent: Approximately A$495 for houses and A$340 for units
Vacancy rate: Close to 0.6%, reflecting tight rental conditions; demand remains high across the region
Growth drivers: Massive precinct and infrastructure investments—including 100,000 new homes under Ipswich City Plan 2025, Rail extension, CBD revitalisation, Ripley Valley and Springfield master-planned communities, and a new L’Oréal mega-warehouse—are stimulating urban expansion, job creation, and population growth
Approximate Cost:
Median house price: A$733,125
Median unit price: Refer to high-performing suburbs, typically in the A$700K range for houses
Rental yields: 4.2% (houses); 4.4% (units)
Median weekly rent: A$495 (houses); A$340 (units)
Vacancy rate: Approximately 0.6%
Ideal For: Ipswich is ideal for investors seeking affordable property with solid yields and long-term capital growth driven by rapid population growth and extensive infrastructure investment. It suits first-home buyers and families drawn to larger homes and good education, health, and transport access. Developers and commercial operators benefit from the city’s master-planned suburbs, logistics hubs, and industrial growth. Professionals in manufacturing, health, education, and defense will also find strong employment opportunities and community support for future expansion.