Could Raceview be the Best area to buy in Ipswich? Read the Best buyer’s agent in Ipswich suburb report on Raceview to find out!
Overview
Raceview is a thriving suburb in Ipswich, Queensland, known for its family-friendly atmosphere, affordability, and convenient access to key amenities. The suburb offers a mix of modern and established homes, catering to diverse lifestyles. Proximity to Ipswich CBD and well-connected transport infrastructure make Raceview an attractive destination for first-home buyers, families, and investors. Its strong community spirit and growing property market add to its appeal.
Suburb Snapshot
- Median House Price (2024): $650,000
- Annual Growth (2024): 18.4%
- Location Attributes:
- Brisbane CBD: 36 km (Approx. 40 minutes’ drive)
- Ipswich CBD: 5.7 km (Approx. 8 minutes’ drive)
- Springfield Central: 22 km (Approx. 25 minutes’ drive)
- Gold Coast CBD: 89 km (Approx. 1.5 hours’ drive)
Demographics
Based on the 2021 Australian Bureau of Statistics (ABS) data:
- Population: Approximately 9,721
- Median Age: 34 years
- Housing Types: Predominantly detached houses, with a mix of older and modern styles suitable for families and professionals.
Property Market Overview
Houses:
- Median Price: $650,000
- Median Weekly Rent: $530
- Rental Yield: 4.4%
- Notable Recent Sales:
- 13 Hilldean Drive: $767,000 (December 2024)
- 10 Mark Court: $720,000 (December 2024)
- 2 Kingsburgh Street: $795,000 (December 2024)
Units:
- Median Price: $472,500
- Median Weekly Rent: $480
- Rental Yield: 5.3%
Long-Term Growth:
Raceview has shown robust long-term growth, with the median house price rising from $239,500 in 2006 to $650,000 in 2024. This represents an annual growth rate of 6.0% over the past 18 years. Significant growth spurts occurred in 2022 (23.6%) and 2024 (18.4%), driven by increased demand and improved infrastructure.
Vacancy Rates:
- Vacancy rate as of November 2024: 2.0%
Education Options
- Primary Schools:
- Raceview State School
- Bethany Lutheran Primary School
- Secondary Schools:
- Bremer State High School
- Child Care Centres:
- Raceview Early Learning Centre
- Two additional centres listed on Toddle and CareforKids.
Lifestyle and Amenities
- Shopping: Winston Glades Shopping Centre and Yamanto Central are popular retail hubs.
- Parks and Recreation:
- Bremer River Walking Tracks
- Local parks with playgrounds and BBQ facilities.
- Cultural Highlights: Proximity to Ipswich’s cultural venues, including the Workshops Rail Museum.
Health and Wellbeing
- Closest Hospitals:
- Ipswich General Hospital (8 minutes’ drive)
- St Andrew’s Ipswich Private Hospital (10 minutes’ drive)
- Local Healthcare: Clinics, pharmacies, and allied health services are readily available in Raceview.
Community and Employment
Raceview boasts a vibrant community with frequent events and activities fostering social interaction. Key employment sectors include retail, healthcare, and education, with many residents commuting to Brisbane or Ipswich CBD for work.
Recent and Planned Developments
- Amberley Road Widening Project: Enhancing traffic flow and accessibility, with completion expected by late 2025.
- Yamanto Shopping Precinct Expansion: A new phase adding retail and dining options, 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 | 9,721 |
| Median House Price (2024) | $650,000 |
| Median Weekly Rent (Houses) | $530 |
| Rental Yield (Houses) | 4.4% |
| Education Facilities | 4 Schools, 3 Childcare Centres |
| Transport Access | Rail and Road |
Ipswich Buyer’s Agent Introduction
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Conclusion: Why Choose Raceview?
Raceview’s affordable housing, strong growth potential, and family-oriented community make it a top choice for homebuyers and investors. With proximity to Ipswich CBD, excellent schools, and lifestyle amenities, Raceview provides a balanced and appealing lifestyle.
Ready to make Raceview your next destination? Contact us today to begin your journey!