Ipswich Central – Best Buyer’s Agent in Ipswich Suburb Report: Wulkuraka, QLD

brisbane property market blog

Could Wulkuraka 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

Wulkuraka, situated just 5 km west of Ipswich CBD and 44 km from Brisbane, is a growing suburb offering a blend of affordable housing, green spaces, and convenient transport links. With a quiet lifestyle and proximity to essential amenities, Wulkuraka appeals to families, first-home buyers, and investors seeking value and long-term growth.


Suburb Snapshot

  • Median House Price (2024): $640,000
  • Annual Growth (2024): +23.1%
  • Distance to Major Locations:
    • Brisbane CBD: Approx. 44 km (Approx. 50 minutes’ drive)
    • Ipswich CBD: Approx. 5 km (Approx. 10 minutes’ drive)
    • Springfield Central: Approx. 20 km (Approx. 25 minutes’ drive)
    • Gold Coast CBD: Approx. 98 km (Approx. 1 hour 35 minutes’ drive)

Demographics

  • Population: 3,876 (2021 Census, ABS)
  • Median Age: 36 years
  • Housing Types: Predominantly detached houses, with a mix of established homes and new developments.

Property Market Overview

  • House Prices: Median of $640,000 in 2024, showcasing strong growth.
  • House Rent: Median weekly rent of $520.
  • Rental Yield (Houses): 4.4%.
  • Unit Prices: Median of $475,000 in 2024.
  • Unit Rent: Median weekly rent of $420.
  • Rental Yield (Units): 4.6%.
  • Vacancy Rate (Nov 2024): 2.0%.

Long-Term Growth:
Wulkuraka’s median house price increased from $240,000 in 2006 to $640,000 in 2024, representing an annual growth rate of 6.0% over 18 years. The suburb experienced notable growth spurts in 2022 (+22.2%) and 2024 (+23.1%), driven by demand for affordable properties close to Ipswich.

Notable Recent Sales:

  • 18 Chanel Court: Sold for $705,000 (Dec 2024)
  • 26 Palma Rosa Drive: Sold for $700,000 (Dec 2024)
  • 106 Chalk Street: Sold for $2,255,000 (Oct 2024)

Education Options

  • Primary Schools: Leichhardt State School.
  • Secondary Schools: Bremer State High School.
  • Private Schools: St. Edmund’s College, St. Mary’s College.
  • Child Care Centres: 2 local centres offering early education and care.

Lifestyle and Amenities

  • Shopping Centres: Wulkuraka Shopping Centre and nearby Riverlink Shopping Centre offer retail and dining options.
  • Parks and Recreation: The Brisbane Valley Rail Trail and local parks provide excellent recreational opportunities.
  • Unique Highlights: Quiet suburban streets with scenic walking and cycling tracks.

Health and Wellbeing

  • Hospitals: Ipswich General Hospital and St. Andrew’s Ipswich Private Hospital, offering comprehensive healthcare services.
  • Pharmacies: Multiple options within a 5 km radius for convenience.
  • Community Wellness Programs: Local fitness groups and community events promote a healthy lifestyle.

Community and Employment

  • Employment Sectors: Healthcare, retail, and construction dominate the local economy.
  • Community Activities: Local markets, sports clubs, and cultural events foster community engagement.

Recent and Planned Developments

  1. Wulkuraka Station Upgrade: A $10M project to improve station facilities and enhance connectivity, set for completion in 2026.
  2. Ipswich Motorway Expansion: Planned to improve traffic flow and connectivity by 2028, benefiting residents and businesses in Wulkuraka.

For more development projects in Ipswich, [Click here].
For more development projects in South East Queensland, [Click here].


Key Statistics Table

MetricValue
Population (2021)3,876
Median House Price (2024)$640,000
Median Unit Price (2024)$475,000
Median House Rent$520 per week
Median Unit Rent$420 per week
Rental Yield (Houses)4.4%
Rental Yield (Units)4.6%

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, upsizing, downsizing, or looking for investment property insights, our expert Suburb Profiles and dedicated services will guide you every step of the way. Contact us for top Ipswich buyer agent services and advice tailored to your needs.


Conclusion: Why Choose Wulkuraka?

Wulkuraka offers an affordable and family-friendly environment with strong growth potential. Its proximity to Ipswich CBD, modern amenities, and excellent transport links make it a prime choice for families, professionals, and investors alike. With ongoing developments and a thriving community, Wulkuraka is a suburb to watch.

Ready to make Wulkuraka your next destination? Contact us today to begin your journey!