Newspaper article The Queensland Times (Ipswich, Australia)

Boom Time for Ripley; New Study Tips Jobs, Growth

Newspaper article The Queensland Times (Ipswich, Australia)

Boom Time for Ripley; New Study Tips Jobs, Growth

Article excerpt

RIPLEY is in the midst of a decade-long population boom that will make it Queensland's fastest growing region and will house almost half of Ipswich's current population by 2036, according to new research from urban planners Urbis.

The report, commissioned by community developer Sekisui House, reveals that the region is ramping up population growth at an average of 27.6 per cent per annum between 2016 and 2026.

With this growth comes significant job creation for the region, the report shows employment projections in Ripley through to 2041 to be 9.8 per cent, compared with 2.6 per cent across the Ipswich local government area.

Early indicators of the region's growth are reflected in rising property values over recent years.

The Urbis report revealed that, at the end of December 2017, median prices for both house and land recorded peak levels across the catchment.

Price growth in the catchment also has been sharply higher than the wider Ipswich local government area. …

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