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City of Ipswich · Market Update

SEQ's highest growth rate by population

Projected to grow 142% long term, the highest rate in SEQ. 10,000+ new residents added in 2023–24 alone. Springfield and Ripley Valley master-planned communities are driving a major transformation. Vacancy at just 1.0%.

Updated May 2026 · Red Door Property Group Research

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Ipswich market at a glance

$845K

Median house

12%

Annual growth

3.25%

Rental yield

1.8%

Vacancy rate

$470/wk

Median rent

27 days

Days on market

250K

Population

3.5%

Pop. growth p.a.

What we are seeing in Ipswich

01

Projected 142% population growth, highest in SEQ

02

10,000+ new residents added in 2023–24 alone

03

Springfield and Ripley Valley master-planned communities

04

Vacancy rate just 1.0%, tight rental market

05

Ipswich Motorway upgrade improving Brisbane connectivity

Infrastructure driving growth

Major government and private investment is reshaping Ipswich. These projects are creating jobs, improving connectivity, and driving property demand.

Ipswich Motorway Upgrade – $400M (ongoing to 2027)

Springfield Central rail connectivity improvements

Ripley Valley PDA – 131,000 residents and 48,750 dwellings planned across 4,680ha

Ipswich CBD revitalisation and Nicholas Street Precinct

Our view on Ipswich

Ipswich continues to present strong fundamentals for both investors and owner occupiers. With 12% annual growth, a vacancy rate of 1.8%, and properties moving in just 27 days, the market is competitive but rewards those with the right strategy and access.

We are actively sourcing opportunities across Ipswich for our clients, including off market and pre market properties that never appear on the major portals. Our on the ground knowledge of this market means we can identify value where others cannot.

If you are considering buying in Ipswich, whether for your first home, an upgrade, or an investment, our team can walk you through what we are seeing right now and where we believe the strongest opportunities sit.

Thinking about Ipswich?

Book a free strategy call. We will walk you through the current Ipswich market, the opportunities we are seeing, and how we can help you move with confidence.

Learn more about our buyers agent service