Could Woodend be the Best Area to Buy in Ipswich? Read the Best Buyer’s Agent in Ipswich Suburb Report on to Find Out!
Date Prepared: 28th December 2024
Overview
Woodend, located just 1 km from the Ipswich CBD and approximately 40 km from Brisbane CBD, is a charming suburb offering a perfect blend of historic character and modern conveniences. Known for its heritage-listed homes and tree-lined streets, Woodend appeals to families, professionals, and investors. With its strong community spirit and proximity to essential amenities, this suburb stands out as a prime choice in the Ipswich property market.
Suburb Snapshot
- Median House Price (2024): $620,000
- Annual Growth (2024): 8.8%
- Distance to Major Locations:
- Brisbane CBD: 40 km (Approx. 40 minutes’ drive)
- Ipswich CBD: 1 km (Approx. 3 minutes’ drive)
- Springfield Central: 18 km (Approx. 20 minutes’ drive)
- Gold Coast CBD: 95 km (Approx. 1 hour 30 minutes’ drive)
Demographics
- Population: 1,800 (2021 Census, ABS)
- Median Age: 36 years
- Housing Types: Predominantly detached character homes, with a mix of modern renovations and traditional Queenslanders.
Property Market Overview
- House Prices: Median of $620,000 in 2024, reflecting an 8.8% annual growth rate.
- House Rent: Median weekly rent of $510.
- Rental Yield (Houses): 4.5%.
- Unit Prices: Median of $481,000 in 2024, with a 62.8% growth over the past year.
- 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 has risen from $247,000 in 2006 to $620,000 in 2024, achieving an annual growth rate of 5.5% over 18 years. The suburb experienced notable growth spikes in 2021 (+22.5%) and 2022 (+20.2%), driven by increasing demand for character homes and proximity to the CBD.
Notable Recent Sales:
- 18 Bowen St: Sold for $1,000,000 (Dec 2024)
- 61 Woodend Rd: Sold for $700,000 (Dec 2024)
- 126 Woodend Rd: Sold for $655,000 (Oct 2024)
Education Options
- Primary Schools: Ipswich Grammar School, St. Mary’s Primary School.
- Secondary Schools: Ipswich Girls’ Grammar School.
- Private Schools: Ipswich Grammar School, St. Edmund’s College.
- Child Care Centres: 2 local centres providing early learning services.
Lifestyle and Amenities
- Shopping Centres: Riverlink Shopping Centre and Ipswich Mall provide diverse retail, dining, and entertainment options.
- Parks and Recreation: Queens Park and Limestone Park offer green spaces for outdoor activities and events.
- Unique Highlights: Heritage trails showcasing the suburb’s rich history.
Health and Wellbeing
- Hospitals: Ipswich Hospital and St. Andrew’s Ipswich Private Hospital are within a 5 km radius.
- Pharmacies: Multiple pharmacies located along Brisbane Street and nearby shopping centres.
- Community Health: Access to community health programs and fitness centres.
Community and Employment
- Employment Sectors: Healthcare, education, and retail are the dominant sectors, supported by Ipswich’s growing economic base.
- Community Activities: Regular events at Queens Park and local markets foster community engagement.
Recent and Planned Developments
- Ipswich Central Redevelopment: Ongoing upgrades to the Ipswich CBD, including new retail and commercial spaces, enhancing accessibility and lifestyle appeal.
- Nicholas Street Precinct: A multi-million-dollar revitalisation project featuring retail, dining, and entertainment, set to boost the local economy.
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) | 1,800 |
| 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. Whether you’re a first-time home buyer, investor, or looking to upgrade, 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’s charm lies in its perfect mix of historic appeal and modern convenience. With strong property market growth, proximity to Ipswich CBD, and a family-friendly atmosphere, it is an excellent choice for buyers and investors alike. Its vibrant community, excellent amenities, and strategic location make it a standout suburb in Ipswich.
Ready to make Woodend your next destination? Contact us today to begin your journey!