Property Investment in Ripley, Queensland – About the suburb

Property Investment in Ripley, Queensland – About the suburb

Median House Price in Ripley: $389,950
Median House Rental Value: $370 PW
Population: 1.405 (2016 census)
Transportation: bus, car, bike, train
State: Queensland
Location: 40km southwest of Brisbane CBD

Ripley is a developing suburb in Queensland with a population of 1,405 (2016 census). Located in the city of Ipswich, it’s one of the best places to live in Queensland. Ripley is found near Bundamba creek and is nestled between bushlands and hills. In its southeast corner, you’ll also find the Centenary Highway. Ripley has lots of well-kept public areas which focus on the inhabitant’s well-being. This is one of the key reasons why many people stay in Ripley.

Real Estate Market
Ripley enjoys a healthy real estate market for its size with 80 visits per property. Compared to the rest of QLD, investors can earn a lot of capital gain investing in the area. More than 70% of people in Ripley own their properties and 27% rents their home.

Population and Demographics
Ripley’s lifestyle is influenced by the people in its area. The average median household income in Ripley is $86,476.

The average age of people living in Ripley is 20 to 39 years old. The suburb consists of 28.8% older couples and families, 28.8 % established couples and families, and 11.5% maturing couples and families. From Abs data, the primary occupation of people in Ripley is community service workers and trade workers.

Lifestyle
It is an emerging suburb with lots of areas to discover. Surrounded by stunning parklands, great local restaurants, and sprawling estates, Ripley is the perfect place to live a peaceful life with your family.

Ripley has two government schools, one primary school, and a high school. Ripley also has a large shopping centre called the “Ripley Town Center” which has a full-line Coles supermarket, around 20 specialty stores, a medical centre, and a gym.

Near the town center is the Spring Mountain Conservation Estate, a 2500-hectare site that is open for bike and horse-riding. It also has walking trails and bird-watching sites where you can find 600 plants and 150 animal species.

The estate also has a huge pool which includes a beach, toddler space, and 50-meter lap pool. The site is free and supervised by lifeguards from 5 AM to 9 PM during summer.

The suburb is only 40 minutes via the M5. The closest train service is found in the Springfield central station.

Summary: Why invest in Ripley?

• Ripley is a developing suburb with lots of potential for growth.
• It enjoys a healthy real estate market with a median house price of $389,950.
• The average age of people living in Ripley is 20 to 39 years old, favourable for people renting in the area.
• Ripley has lots of amazing places to visit such as the Spring Mountain Conservation Estate.

We’ll get you a property in Ripley that fits your investment strategy, contact us today on (02) 8814 5275 or at here.