Could Woodend be the Best Area to Buy in Ipswich? Read the Best Buyer’s Agent in Ipswich Suburb Report to Find Out!
Date Prepared: 28th December 2024
Overview
Woodend, a charming suburb just 2 km west of Ipswich CBD, is renowned for its historic homes, leafy streets, and close-knit community. With excellent access to schools, parks, and key amenities, Woodend offers a blend of heritage charm and modern convenience. Its proximity to both Ipswich and Brisbane makes it an appealing choice for families, professionals, and investors looking for steady growth and a relaxed lifestyle.
Suburb Snapshot
- Median House Price (2024): $620,000
- Annual Growth (2024): 8.8%
- Distance to Major Locations:
- Brisbane CBD: Approx. 40 km (Approx. 40 minutes’ drive)
- Ipswich CBD: Approx. 2 km (Approx. 5 minutes’ drive)
- Springfield Central: Approx. 18 km (Approx. 20 minutes’ drive)
- Gold Coast CBD: Approx. 90 km (Approx. 1 hour 15 minutes’ drive)
Demographics
- Population: 1,302 (2021 Census, ABS)
- Median Age: 41 years
- Housing Types: Predominantly detached houses, many of which are charming Queenslanders and heritage properties.
Property Market Overview
- House Prices: Median of $620,000 in 2024, reflecting a strong annual growth rate of 8.8%.
- House Rent: Median weekly rent of $510.
- Rental Yield (Houses): 4.5%.
- Unit Prices: Median of $481,000 in 2024, showcasing a substantial 62.8% growth compared to previous years.
- Unit Rent: Median weekly rent of $380.
- Rental Yield (Units): 4.1%.
- Vacancy Rate (Nov 2024): 2.0%.
Long-Term Growth: Woodend’s median house price increased from $247,000 in 2006 to $620,000 in 2024, representing an impressive annual growth rate of 6.8% over 18 years. Significant growth occurred in 2022 (+20.2%) and 2024 (+8.8%), driven by demand for heritage homes and improved infrastructure.
Notable Recent Sales:
- 18 Bowen St: Sold for $1,000,000 (Dec 2024)
- 61 Woodend Rd: Sold for $700,000 (Dec 2024)
- 10A Martin St: Sold for $625,000 (Dec 2024)
Education Options
- Primary Schools: St Mary’s Primary School, Ipswich North State School.
- Secondary Schools: St Edmund’s College, Ipswich Grammar School.
- Child Care Centres: 3 centres in the immediate area providing early learning and care.
Lifestyle and Amenities
- Shopping Centres: Riverlink Shopping Centre offers a variety of retail and dining options.
- Parks and Recreation: Denmark Hill Conservation Reserve and Timothy Molony Park provide excellent outdoor activities and green spaces.
- Unique Highlights: Proximity to Ipswich’s historic precinct and cultural attractions, including the Ipswich Art Gallery and Workshops Rail Museum.
Health and Wellbeing
- Hospitals: Ipswich General Hospital and St Andrew’s Ipswich Private Hospital are within a 5 km radius.
- Pharmacies: Multiple options available locally.
Community and Employment
- Employment Sectors: Healthcare, education, and retail dominate, with growing opportunities in professional services and construction.
- Community Activities: Active local groups and regular events like the Ipswich Festival foster a vibrant community spirit.
Recent and Planned Developments
- Ipswich CBD Redevelopment: Enhancing the city’s commercial and cultural offerings with new retail spaces and upgraded transport facilities by 2026.
- Nicholas Street Precinct: A multi-use development featuring entertainment, dining, and residential spaces, further boosting the area’s appeal by 2028.
For more development projects in Ipswich, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Value |
|---|---|
| Population (2021) | 1,302 |
| Median House Price (2024) | $620,000 |
| Median Unit Price (2024) | $481,000 |
| Median House Rent | $510 per week |
| Median Unit Rent | $380 per week |
| Rental Yield (Houses) | 4.5% |
| Rental Yield (Units) | 4.1% |
Ipswich Buyer’s Agent Introduction
Looking for the Best Buyer’s Agent in Ipswich? IPS Buyer’s Agent has you covered! We are a full-service buyer’s agent in Ipswich. For first-time homebuyers to investment property specialists, whether you’re upsizing, downsizing, or seeking insights into the Ipswich property market, our expert Suburb Profiles and dedicated services will guide you every step of the way. Contact us for top Ipswich Buyer Agent services tailored to your needs.
Conclusion: Why Choose Woodend?
Woodend offers a unique blend of historic charm and modern convenience, making it a standout suburb in Ipswich. Its excellent schools, strong community spirit, and proximity to key amenities make it a prime choice for families and investors alike. With its steady market growth and upcoming developments, Woodend is well-positioned for future opportunities.
Ready to make Woodend your next destination? Contact us today to begin your journey!