Ripley and South Ripley are two small, neighbouring suburbs in the Ipswich region that are part of a master-planned community. A mix of savvy investors both locally and interstate, as well as owner-occupiers, are currently buying into Ripley and South Ripley. Both suburbs are also popular with renters.
Location
Both Ripley and South Ripley are strategically located between Ipswich and Brisbane in South East Queensland’s booming Western Growth Corridor. This region has been formally identified for fast-tracking by the Queensland government to accommodate Brisbane’s rapidly expanding and sprawling population.
The Western Growth Corridor’s population is forecast to double by 2030, and there are billions of dollars’ worth of infrastructure projects either under way or planned during that time.
At just over 40 kilometres from the Brisbane CBD, both suburbs are far enough to be away from the hustle and bustle, but close enough to be convenient. Neighbouring suburbs to Ripley and South Ripley include White Rock, Raceview, Yamanto and Deebing Heights.
Ripley and South Ripley infrastructure and amenities
Ripley and South Ripley have a diverse range of infrastructure and amenities, including:
- Easy access to the Centenary Highway (M5) or Ipswich Motorway (M7) for a commute to the Brisbane CBD.
- The Ripley Town Centre that has Coles as its anchor tenant, as well as a medical centre, a gym and a mix of other service providers and specialty retailers.
- 40 hectares of family-friendly parkland and open space.
- The Ripley Central State School and the Ripley Valley State School in South Ripley, both co-educational primary schools (prep to Year 6).
- The Ripley Valley State Secondary College in South Ripley, a co-educational secondary school (Years 7 to 12).
- Public transport facilities via a dedicated Translink bus route.
Ripley and South Ripley demographics
The current population of Ripley was just over 12,000 at the last official count in the 2021 Census, while South Ripley had just under 4,000. Both suburbs are popular with a younger demographic, including singles, partners and families.
They are also multicultural areas with lots of tradies. The median age of your typical Ripley resident is 29, while for South Ripley it is 27.
Many first home buyers see Ripley and South Ripley as stepping-stone areas. They are also popular with rentvestors (first home buyers who invest in an affordable area and live elsewhere), as well as both local and interstate investors looking for strong rental yields. Most homes in Ripley and South Ripley are houses.
Ripley and South Ripley property trends
Significantly, both Ripley and South Ripley are still very affordable property markets, unlike many South East Queensland property markets. That makes it attractive and accessible for first home buyers, other owner-occupiers looking to move or downsize, and both local and interstate investors (including rentvestors).
The median price for a Ripley home is currently $720,000 for houses, compared to the latest median Brisbane price of just under $1 million.
The median price for a South Ripley home is currently $735,500 for houses.
The average rental yield for Ripley rental properties is currently 4.5%, while it is 4.4% in South Ripley.
However, many of our savvy Purple Cow landlord clients in Ripley and South Ripley are achieving both above-average rental yields and above-average capital growth.
Stamp duty concessions for eligible Ripley and South Ripley first home buyers
The lower median house prices in both Ripley and South Ripley are especially significant for eligible first home buyers in terms of stamp duty concessions for properties purchased under $800,000, potentially saving up to $24,525 in purchase costs.
How Purple Cow helps Ripley and South Ripley real estate clients
If you are looking to sell or buy a Ripley or South Ripley home, or you would like your Ripley or South Ripley investment property professionally managed, then our experienced team at Purple Cow can help you.
Contact us today to find out more.
