LAND values across Ipswich City have surged dramatically, with the latest 2026 valuation revealing the scale of growth occurring across one of South East Queensland’s fastest-expanding regions.
A total of 90,878 properties have been revalued, with the combined land value reaching $48.64 billion—a 51 per cent increase since the last valuation issued in 2023.
The figures reflect strong demand for land across residential, commercial and industrial sectors as Ipswich continues to attract new residents, businesses and development.
Residential land dominates the city’s property market. Single-unit residential land accounts for $36.09 billion, representing 74.2 per cent of the total land value across the local government area.
Rural residential land contributes $3.82 billion (7.8 per cent), while industrial land totals $3.62 billion (7.4 per cent). Commercial land represents $1.82 billion, with multi-unit residential land valued at $892 million and primary production land at $525.9 million.
The revaluation also highlights the strength of the residential market, where median land values have increased significantly across the region. The overall median residential land value now sits at $430,000, representing a 54 per cent increase since October 2022.
Nearly every suburb recorded strong growth, with several areas experiencing particularly sharp increases. Gailes saw one of the largest jumps, with the median land value rising 84.4 per cent, from $225,000 to $415,000. Goodna increased 79.2 per cent, climbing from $240,000 to $430,000, while Deebing Heights recorded a 70.5 per cent rise to $405,000.
Other suburbs posting strong growth include Brassall, North Ipswich, Silkstone and Woodend, all with increases around the 60 per cent mark.
Higher-value suburbs also continued to climb, with Augustine Heights reaching a median land value of $600,000, while Springfield rose to $590,000 and Springfield Lakes to $560,000.
Rapidly growing communities such as Ripley, South Ripley and Spring Mountain also recorded significant increases, reflecting ongoing population growth and large-scale residential development in the western corridor.
Several key factors are driving the rise in land values across Ipswich. Expanded development opportunities under the Ipswich City Plan 2025 are opening new areas for housing and employment, while the region continues to attract buyers seeking more affordable property compared with nearby centres such as Brisbane.
Growth is also being supported by the increasing supply of land in emerging communities such as Ripley Valley and Rosewood, where large residential developments are delivering new housing options for a rapidly expanding population.
Beyond the residential sector, industrial land values have seen the strongest growth, rising 80.5 per cent to a total value of $3.6 billion. Ipswich’s well-located industrial estates, close to major freeway networks, continue to attract logistics, manufacturing and distribution businesses seeking strategic access to South East Queensland markets.
Commercial land values increased more moderately, rising 23.6 per cent, while multi-unit residential development land grew by 33.5 per cent. Although demand for higher-density development remains strong, increased construction costs have tempered growth compared with the single-unit residential market.
Primary production land also experienced strong growth, increasing 54.9 per cent, reflecting the advantage of properties located close to major markets in the Brisbane region.
Meanwhile, large residential development sites—often referred to as englobo land—rose 59.2 per cent in total value, driven by sustained demand for new housing land as Ipswich continues to absorb population growth across South East Queensland.
The figures paint a picture of a city undergoing rapid transformation, with Ipswich emerging as a major residential, industrial and development centre within the broader region.
As population growth continues and new communities expand, the latest land valuations reflect both the opportunities and pressures shaping the city’s evolving property market.
