Ipswich suburb launches huge new residential precinct to keep up with growing demand

Ipswich developer’s latest release will accommodate more than 470 new homes in one of the region’s fastest growing suburbs.

Nearly 500 blocks of land in a masterplanned development will be up for sale following the latest release at a growing Ipswich neighbourhood.

Stockland, which acquired $193 million South Ripley project Providence earlier this year, launched its new precinct on Friday in attempt to keep up with demand.

After Spring Mountain, Ripley attracted the second largest number of new Ipswich residents this year, drawing 257 newbies in the first three months of 2021.

READ MORE: $195k lots for sale at booming Ripley estate

More than 470 blocks measuring between 250 and 760 sqm comprise the just-launched True North precinct, with prices starting at $205,900.

The new development is located at the northern edge of the Providence estate, with several blocks boasting views of Flinders Peak.

A proposed community park is planned to complement the new residential area.

Stockland project director David Franklin said he had noted an increase in demand for land across the western corridor.

READ MORE: The Ipswich suburbs experiencing the most growth

“(It’s) predominantly from first home buyers and upgraders ready to build their dream home,” Mr Franklin said.

“The launch is a huge milestone for Providence, providing buyers with another great opportunity to move into an established community.

“The new lots not only provide an elevated position, but also the opportunity to thrive in a connected community with all necessary amenities at your doorstep, and road, train and bus networks nearby.”

Read more news by Ebony Graveur.

Originally published as Ipswich suburb launches huge new residential precinct to keep up with growing demand