Ripley suburb profile
Ripley is a rapidly growing suburb in the Ipswich region of Queensland, located approximately 40km southwest of Brisbane. Known for its expansive green spaces and family-friendly environment, Ripley is part of the Ripley Valley Priority Development Area, which is set to become a major urban hub. The suburb offers a mix of modern housing developments and planned amenities, including schools, shopping centers, and recreational facilities. With its strategic location and ongoing infrastructure development, Ripley is attracting families and investors looking for a blend of suburban tranquility and future growth potential.
Ripley property market performance
Ripley’s property market has shown a strong performance over the past 12 months, particularly in the housing sector. House values have surged by 13%, bringing the median house price to $750,000. In contrast, unit values have remained stable with no change, maintaining a median price of $325,500.
Sales activity has been robust for houses, with 69 sold over the last 12 months, while only 1 unit was sold, indicating a preference for houses. Houses are selling quickly, with a median of just 14 days on the market, highlighting strong demand.
The rental market in Ripley has also seen notable increases, with house rents rising by 8.4% and unit rents by 9.2% over the last 12 months. The average rent for houses is now $580, while units command $500, reflecting a healthy rental demand.
Median price - houses$750KPast 3 months
Median price - units$326KPast 3 months
Change in value - houses14.5%12 months
Change in value - unitsN/A12 months
Houses sold54Past 3 months
Units sold1Past 3 months
Median DOM - houses14Past 12 months
Median DOM - unitsN/APast 12 months
Average rent - houses$580Past 12 months
Average rent - units$500Past 12 months
Change in rent - houses7.4%Past 12 months
Change in rent - units9.2%Past 12 months
Ripley demographics
Ripley, located in Queensland's burgeoning Ipswich region, is a rapidly developing suburb known for its family-friendly environment and modern amenities. With a median age of 29, Ripley is characterized by a youthful and dynamic population, attracting young families and professionals seeking a balanced lifestyle. The suburb's proximity to Brisbane and Ipswich makes it an appealing choice for those who desire suburban tranquility without sacrificing access to urban conveniences.
The housing landscape in Ripley is diverse, with a significant portion of properties owned with a mortgage, reflecting the suburb's appeal to new homeowners and growing families. Approximately 46.1% of properties are owned with a mortgage, while 42.1% are rented, indicating a healthy mix of stability and flexibility for residents. The presence of couple families with children, making up 45.5% of the population, underscores Ripley's reputation as a family-oriented community.
Ripley's community is further enriched by its variety of family structures, including one-parent families, which account for 17.2% of households. The suburb's infrastructure and amenities are continually evolving to meet the needs of its residents, with new schools, parks, and shopping centers enhancing its appeal. As Ripley continues to grow, it remains a vibrant and attractive destination for those seeking a modern lifestyle within a supportive and evolving community.
Ripley infrastructure, key developments and investment opportunities
Ripley is experiencing significant growth and development as part of the Ripley Valley Priority Development Area. The suburb is set to become a major urban center, with plans for extensive residential, commercial, and community infrastructure. The Ripley Town Centre, which opened its first stage in 2018, continues to expand, offering increasing retail and service options for residents. This development is likely to boost property values and attract new residents to the area.
Education facilities are also expanding in Ripley, with the recent opening of Ripley Central State School in January 2023. This new school, along with the nearby Ripley Valley State School and Ripley Valley State Secondary College in South Ripley, enhances the suburb's appeal for families. Additionally, planned transportation improvements, including a potential extension of the Springfield railway line to Ipswich, could significantly improve connectivity and further increase property desirability in Ripley.
Ripley rental market trends
The rental market in Ripley has experienced steady growth, with house rents increasing by 8.4% over the past year to $580 per week, while unit rents have risen by 9.2% to $500 per week. As a developing suburb with expanding amenities and infrastructure, Ripley offers promising opportunities for both renters and investors seeking growth potential in the Queensland market.
Suburbs near Ripley
Some popular suburbs near Ripley include: