As the city of Ipswich officially passes a population of 270,000 residents, Ray White special projects Queensland has announced the listing of a 33.45-hectare land subdivision site at 433 Thagoona Haigslea Road and 116-130 Caledonian Road, Mount Marrow.
Positioned within the newly adopted Ipswich City Plan 2025, the site represents a critical opportunity to address the urgent housing demand in one of Australia’s fastest-growing regions.
The property consists of two adjoining parcels and features a concept plan for 326 residential lots with an average size of 393sqm. Benefiting from an elevated position with minimal vegetation overlays, the site offers significant cost efficiencies for incoming developers.
Its location within the Western Growth Corridor, an area earmarked by the State Government to accommodate more than 60,000 new residents over the next two decades, places it at the forefront of Southeast Queensland’s urban expansion.
Ray White Special Projects’ Mark Creevey said the timing of the release is impeccable given the structural undersupply of residential land in the region.
“Ipswich is no longer just a satellite city; it is a primary engine of growth for Southeast Queensland,” Mr Creevey said. “With the population projected to reach 480,000 by 2046, we are seeing a massive requirement for roughly 100,000 new homes over the next 20 years. This site provides the scale and the strategic location necessary to help meet that target, especially within the Western Growth Corridor where infrastructure and community planning are already well underway.”
The region’s appeal is underpinned by a younger-than-average median age of 33 and a high proportion of family households. This demographic profile is driven by Ipswich’s relative affordability compared to Brisbane and the Gold Coast, alongside its proximity to major employment hubs like the RAAF Amberley base, which is located just 15 minutes from the property.
Matthew Fritzsche said that the site’s physical attributes make it a standout for developers with only very minor vegetation to manage.
“Finding a site of this scale that is majority cleared and flat is becoming increasingly rare,” Mr Fritzsche said.
“The cost efficiencies here are a major drawcard. When you combine that with the easy access to the Warrego Highway and the Ipswich Motorway, you have a project that is perfectly positioned to serve commuters heading into the Ipswich CBD, Brisbane, or west to Toowoomba. It offers that rare balance of a relaxed, semi-rural lifestyle with immediate proximity to essential services.”
The local real estate market continues to show remarkable resilience and growth. Median house prices in the Ipswich region have surged nearly 80 per cent over the last five years, yet the area remains a beacon for young families and investors.
Tony Williams emphasised that the structured transaction options available for the site make it an attractive proposition in the current market.
“The market dynamics in Ipswich are incredibly tight, with a vacancy rate well below the 2-3 per cent range considered healthy,” Mr Williams said. “This indicates a deep, unsatisfied demand for housing. We are anticipating strong interest from groups who recognise that the Western Growth Corridor is the next major chapter in the Southeast Queensland story.”
The property is being offered via EOIs closing 24 March 2026.
