A strategic growth role

Ipswich East, the area containing Redbank Plains, has driven the city's above average population growth - 5% a year - over the last five years.

And market analyst Resolution Research says that was even higher over the past 12 months - a massive 8% growth.

A major reason for the suburb's appeal is the State Government’s planning to meet the needs of Queensland’s population explosion.

With a million more people expected to settle in the southeast over the next 20 years the government has created a regional plan that includes having Ipswich play a strategic role in economic and employment growth.

In all, Ipswich is predicted to create a potential 120,000 new jobs over the two decades within areas like Swanbank Enterprise Park, Bremer Business Park and Ebenezer Industrial Park.

Ipswich is already in the midst of a population boom with 5,000 more people choosing to live there in just the last year. Resolution says that represents a growth of about 3.9% for the year, compared to 2.4% for the State as a whole.

The Redbank Plains Housing Market

The median house price in the Redbank Plains
area grew by almost 10% in the past 12 months compared with 8.5% rise in Ipswich City as a whole.

The rental market enjoyed similar growth – up
10% per annum over the last five years.
The ratio of median rents, house prices and
vacancy rates suggested average rental returns of 5% per annum. *

*Source: Resolution Research and Marketing
Solutions.