As one of Australia's fastest-growing regions, Ipswich, Queensland, is rapidly transforming into a hub of opportunity for developers and investors. With a robust economy, significant infrastructure investments, and a proactive planning framework, Ipswich offers a compelling case for property development in 2025 and beyond.
Population Growth Driving Housing Demand
Ipswich's population has surged to 261,795 as of December 2024, marking a 3.44% annual growth rate—outpacing the South East Queensland average of 2.59%. This rapid growth underscores the escalating demand for diverse housing options, positioning Ipswich as a focal point for residential development.
Robust Economic Expansion
The city's economy has reached a Gross Regional Product (GRP) of $15.08 billion in 2024, reflecting consistent annual growth since 2020. Key industries such as manufacturing, health care, and education are driving this expansion, creating a stable economic environment conducive to property investment, attracting many key national and international businesses to set up operations within the region.
Affordable Property Market with Strong Growth
Ipswich offers a more affordable entry point compared to Brisbane, with the median house price at $755,000 as of June 2025—a 9.42% increase from the previous year. Units have seen even more significant growth, with a 28.72% rise to a median price of $577,500. This affordability, coupled with strong growth, makes Ipswich an attractive market for both investors and homebuyers.
Proactive Planning and Infrastructure Development
The Ipswich City Plan 2025, set to be introduced in July, introduces streamlined development pathways and supports the construction of 100,000 new homes over the next two decades. Major infrastructure projects, including the $3.4 billion Inland Rail and the $2.5 million Ipswich to Springfield Public Transport Corridor study, are set to enhance connectivity and stimulate economic activity in the region.
Strategic Location and Connectivity
Located approximately 40 kilometres west of Brisbane's CBD, Ipswich offers excellent connectivity via road and ra ilnetworks. This strategic location provides residents and businesses with easyaccess to Brisbane, the Gold Coast, and other key areas in South East Queensland, enhancing its appeal for development and investment.
Conclusion
Ipswich's combination of rapid population growth, economic strength, affordable property prices, and proactive planning makes it a prime destination for property development and investment in 2025. Developers and investors seeking opportunities in a dynamic and growing market should consider Ipswich as a strategic choice for their next project.
Note: All data and projections are based on the latest available information as at the date of publishing. For an in-depth discussion about the evolving development landscape in Ipswich, reach out to our Development Management or Property Acquisitions team.
