Ipswich property boom a ‘long time coming’ as buyers move in
From luxury abodes, acreage and heritage homes to the ‘Bubble House’ – there’s a variety of properties on the market in Ipswich right now, and plenty of buyers shopping for the right one.
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Once considered a road trip destination from Brisbane, Ipswich has become a buyers paradise.
And it is not just first home buyers targeting the region because of its affordability, with cashed-up buyers upgrading to lifestyle suburbs in the region.
There are two suburbs in the Greater Ipswich region where the median house price is more than $800,000 – Brookwater ($899,000) and Corinda ($852,500).
Another four have median house prices north of $600,000.
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NGU Real Estate agent Rob Dargusch said the whole local property market was “very solid”.
“Everything is receiving lots of buyer inquiry and really good prices,” he said.
“We’re finding 75 to 80 per cent of properties are receiving multiple offers in the first week of being listed.
“We mainly deal in the acreage side of things and buyers find this area is still affordable compared to other acreage areas in the Brisbane area.
“We’re seeing people downsizing from larger properties and upgrading to acreage from smaller blocks in suburban areas such as Springfield and Ripley.”
Mr Dargusch said that with more people working from home, they did not have to do the five-day commute and could live where they wanted.
Ipswich Real Estate agent Jason McNamara said the boost to the market had been a long time coming.
He said there were now more buyers than stock on the market.
“Most buyers, 90 per cent, are coming from out of town,” he said.
“They still work in Brisbane but they’re coming here for twice the house at half the price. “We’re seeing a lot of people are looking for high end character homes, something with street appeal or a bit of history.
“They’re also looking for the great lifestyle we have here and welcoming community.”
Here are five of the top listings on the market right now.
1. $2.6 million – 157 Workshops Street, Brassall
Ripe for development or as a family lifestyle property, this five-acre holding includes a six-bedroom family home and four-bay shed, less than 10 minutes’ drive from central Ipswich. Surrounded by gum trees, the home occupies a private 2000 sqm block and includes an office, gym, study, lounge and dining room plus modern kitchen with granite benches.
An outdoor entertainment area has a barbecue and the six upstairs bedrooms all have built-in robes.
Approval for an 18-lot subdivision has been granted, with Stage 1, ready to go to market.
2. $1.99 million+ – 125 Steinhardts Road, Marburg
It is just 20 minutes to Ipswich or an hour to the Gold Coast from this 47-acre lifestyle property or hobby farm.
The main ranch-style residence has a wraparound veranda, formal and casual living areas, a bar, four bedrooms, a study, swimming pool, airconditioning, water tanks and a double garage.
A second weatherboard home provides guest accommodation with two bedrooms, a bathroom, open kitchen and lounge area plus front and rear decks.
Alongside a concreted workshop and 10-car garage are cattle and horse infrastructure including stables, tackle room, wash bay, paddocks and a flood lit arena.
3. $1.89 million+ – 12/83 Birchwood Crescent, Brookwater
Exclusivity is guaranteed at this ultra-modern home that backs onto the Brookwater Golf Course.
Lush landscaping complements the striking contemporary facade beyond which are high ceilings, tiled and timber floors, floating stairs and feature chandeliers.
There’s a media room, four bedrooms, games room with a kitchenette and open-plan kitchen, living and dining room.
White cabinetry, swathes of floor-to-ceiling glazing and a covered deck highlights the premium finishes which extend to the resort-style pool, outdoor kitchen and tropical gardens.
Ipswich is 25km to the west.
4. $1.5 million+ – 79 Elanora Way, Karalee
A collection of spheres, this 11 dome-home has 20 rooms across three levels.
It’s architect Graham Birchall’s ode to the circle, with each ball spanning 4m to 8m in diameter.
Melding form and functionality, Birchall’s design comes with remote-controlled iris-like shutters for privacy and an internal water-cooling fountain for airconditioning.
Within the spheres is a handcrafted and customised curved kitchen, dining room, library, sports bar, media room, wine cellar and four-car garage.
The 5109 sqm block fronts the Bremer River, and is 11km from Ipswich and 45km southwest of Brisbane’s CBD.
5. $975,000+ – 1 Burnett Street, West Ipswich
Elegant and filled with character, this 1870-built Georgian-style home is an Ipswich landmark, its street appeal unmatched.
Restored and updated, it was previously divided into flats during the mid 1900s before it became the Ipswich Independent Youth Shelter.
Most recently revived as a family home, it’s been painted in period colours, the verandas have been retiled and bathrooms given a facelift.
Period features remain and the floorplan incorporates formal rooms, seven bedrooms and a modern kitchen.
(Top listings on realestate.com.au. Additional reporting by Michelle Singer)
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