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%.
Figures as at May 2026, trailing 12 months · Red Door Property Group Research
Talk to Our Ipswich TeamIpswich 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
Projected 142% population growth, highest in SEQ
10,000+ new residents added in 2023–24 alone
Springfield and Ripley Valley master-planned communities
Vacancy rate just 1.0%, tight rental market
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 sits inside Cotality's Greater Brisbane index, which peaked in May 2026 and has fallen every month since (Cotality, data to 31 August 2026). Trailing 12 month growth to August 2026 was still strong at suburb level, with Forest Lake to Oxley up 14.0% and Ipswich Inner up 13.2%. The figures on this page are as at May 2026, and days on market in particular should be treated with caution: capital city days on market have widened to 33 from 26 a year earlier.
Over the 12 months to May 2026, Ipswich recorded 12% house price growth, a vacancy rate of 1.8%, and properties moving in 27 days. Those are trailing figures rather than a forecast, and we would rather you read them that way.
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.