Greenwood Village Land & Location

About the Area

Greenwood Village Heights Eco Estate is a new subdivision on the Brisbane side of Ipswich, not far from the Cunningham Highway via Redbank Plains Road. Still on the fringes, Greenwood Village Heights Eco Estate is an ideal location for the busy professional commuting to Brisbane CBD, while experiencing the peaceful surrounds that are only accessible from this unique area.

The Ipswich area is widely considered to be one of Southeast Queensland’s growth “hotspots” and is slated for large scale commercial and industrial developments which are set to inflate the already growing population of the area. Investors are already reaping the rewards for investing in the region but profitable growth and returns are forecast until 2020 and beyond.

The Gold Coast and Sunshine Coast have been well recognized for many years as growth areas. Plans for a steel mill in Ipswich are also looking to create 700 jobs and contribute to $500 million turnover for the Australian economy annually. This is only a small part of the planned economic investment in the area including refineries, steel plants, and power plant proposals totalling over $7 billion. Growth is encouraged by industrial rents in Brisbane which are tipped to rise by 10% in the next 12 months.

Property Analysts are keeping a close eye on the $2.3 billion northern bypass route linking the Cunningham and Warrego highways as it could significantly lift the price of industrial land at Ipswich. Many businesses and corporations are moving their offices west of Brisbane CBD in order to capitalize on the infrastructure growth in and around the Ipswich area which is forecast to account for up to 20 percent of southeast Queensland’s growth out to 2020.