Purple Cow Principal and Managing Director, Andy Nutton, shares the latest insights on the Greater Springfield property market.
Greater Springfield is one of South East Queensland’s fastest-growing property regions. It’s located halfway between Brisbane and Ipswich, where the population is booming and the property market is hot.
With plenty of new developments and infrastructure projects, Greater Springfield attracts families, investors and first-home buyers. Property prices in the area have continued to rise, reflecting ongoing strong demand and limited supply.
But prices in Greater Springfield are still very affordable compared to the neighbouring Brisbane market. Many properties sold in 2024 so far fall within the price thresholds for both the first homeowner grant and stamp duty concessions that are available for eligible first-home buyers.
Developers have responded by expanding new housing estates and commercial hubs. This year alone, over 2,000 new homes have been approved, with more to come.
For investors, rental yields remain attractive, driven by steady population growth and new employment opportunities.
Whether you’re buying, selling, or investing, Greater Springfield continues to thrive, making it a prime location for property investment in 2024 and beyond.
Thanks for tuning in! Stay informed and keep an eye on this booming market.
Want to talk to Andy?
Contact him at:
Andy Nutton
Principal and Managing Director
Purple Cow Real Estate, Springfield Lakes
0410 792 882
andy.nutton@purplecowrealestate.com.au
