Could Newtown be the Best area to buy in Ipswich? Read the Best buyer’s agent in Ipswich suburb report on Newtown to find out!
Overview
Newtown is a charming suburb known for its blend of historic homes and modern conveniences. Located close to Ipswich CBD, Newtown provides easy access to amenities while maintaining a tranquil suburban environment. Its appealing streetscapes and proximity to schools, parks, and shopping make it a sought-after destination for families, professionals, and investors.
Suburb Snapshot
- Median House Price (2024): $679,000
- Annual Growth (2024): 10.0%
- Location Attributes:
- Brisbane CBD: 36 km (Approx. 40 minutes’ drive)
- Ipswich CBD: 2.5 km (Approx. 5 minutes’ drive)
- Springfield Central: 20 km (Approx. 25 minutes’ drive)
- Gold Coast CBD: 108 km (Approx. 1.5 hours’ drive)
Demographics
Based on 2021 Australian Bureau of Statistics (ABS) data:
- Population: Approximately 9,485
- Median Age: 38 years
- Housing Types: Predominantly detached houses with some units, ideal for families and professionals.
Property Market Overview
Houses:
- Median Price: $679,000
- Median Weekly Rent: $500
- Rental Yield: 3.9%
- Notable Recent Sales:
- 50 Glebe Road: $1,150,000 (December 2024)
- 92 Glebe Road: $814,000 (December 2024)
- 25 Brisbane Road: $693,000 (December 2024)
- 18 Lusitania Street: $925,000 (August 2024)
Long-Term Growth:
Newtown has demonstrated consistent growth, with the median house price rising from $218,500 in 2006 to $679,000 in 2024. This represents an annual growth rate of approximately 6.4% over the past 18 years. Significant growth spurts occurred in 2022 (30.2%) and 2024 (10.0%), driven by strong buyer demand and local developments.
Vacancy Rates:
- Vacancy rate as of November 2024: 1.5%
Education Options
- Primary Schools:
- Newtown State School
- St Mary’s Primary School
- Secondary Schools:
- Ipswich Grammar School
- Bremer State High School
- Child Care Centres:
- Little Stars Early Learning Centre
- Three additional centres listed on Toddle and CareforKids.
Lifestyle and Amenities
- Shopping:
- Ipswich Central Shopping Centre
- Local convenience stores and specialty shops
- Parks and Recreation:
- Queens Park: A family favourite with playgrounds, walking trails, and gardens
- Local walking and cycling tracks
- Cultural Highlights:
- Close to Ipswich’s cultural attractions, including museums and heritage-listed sites.
Health and Wellbeing
- Closest Hospitals:
- Ipswich General Hospital (5 minutes’ drive)
- St Andrew’s Ipswich Private Hospital (10 minutes’ drive)
- Local Healthcare:
- Multiple GP clinics, dental practices, and pharmacies.
Community and Employment
Newtown fosters a strong sense of community with active participation in local events and initiatives. Key employment sectors include healthcare, education, retail, and manufacturing. Its proximity to Ipswich CBD allows for convenient commuting options.
Recent and Planned Developments
- Ipswich Central Revitalisation Project: A multi-year initiative to improve public spaces, retail precincts, and transport facilities in Ipswich Central, benefiting Newtown residents. Expected completion by 2025.
- St Mary’s College Expansion: A planned upgrade to facilities and infrastructure, enhancing educational opportunities for the local community. Scheduled for 2026.
For more development projects in Ipswich, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
Metric | Data |
---|---|
Population | 9,485 |
Median House Price (2024) | $679,000 |
Median Weekly Rent (Houses) | $500 |
Rental Yield (Houses) | 3.9% |
Education Facilities | 4 Schools, 4 Childcare Centres |
Transport Access | Rail and Road |
Ipswich Buyer’s Agent Introduction
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Conclusion: Why Choose Newtown?
Newtown’s combination of historic charm, strong community ties, and modern conveniences makes it an appealing choice for families and investors. With excellent schools, proximity to Ipswich CBD, and robust growth potential, this suburb offers a well-rounded lifestyle and significant investment opportunities.
Ready to make Newtown your next destination? Contact us today to begin your journey!