With its population growing at over five per cent a year, the Springfield Lakes community is on the verge of its biggest-ever expansion, marked by a new city master plan and a major land sale aimed at building hundreds of new homes.
Bracing for a Wave of New Neighbours
The Greater Springfield region is experiencing a period of remarkable growth, putting it at the centre of South-East Queensland’s expansion. The local population has increased by 31 per cent since 2019 and continues to grow at a rate of more than five per cent each year. This rapid influx of new residents is driving a pressing need for more housing and community infrastructure, with projections showing the local population is expected to reach approximately 100,000 people by 2041.
Two Major Projects to Meet Demand
To accommodate this growth, two significant development initiatives are now moving forward. A formal “Master Area Development Plan” has been lodged with the Ipswich City Council for a new area named ‘Springfield City West’. This proposed precinct is located on the large, empty block of land bounded by Sinnathamby Boulevard, Spring Mountain Boulevard, Russell Luhrs Way and Helsinki Street.
At the same time, a separate 5.83-hectare site in neighbouring Springfield Central has been put on the market by Springfield City Group. The landholding, called ‘Vantage’, is being promoted by leading agencies Ray White Special Projects Qld and JLL Land as a prime opportunity for a large-scale residential project. It is situated with prominent frontage on Sinnathamby Boulevard and the Springfield Greenbank Arterial road.
The Economic Engine Behind the Growth
This surge in population and development is underpinned by a robust local economy that has attracted over $18 billion in public and private investment. The area boasts an unemployment rate of just 2.5 per cent, well below the Queensland average. The community is defined by a young and aspirational demographic, with a median age of 31.9 and median household incomes that are around 33 per cent higher than the state average, highlighting the region’s strong economic fundamentals.
According to statements from the land agents managing the Vantage sale, the site’s strategic position is a key drawcard for potential buyers. Ray White directors Mark Creevey and Tony Williams explained that the combination of sustained growth and location makes it a rare find. JLL Land heads Jake Burrowes and Liam Petersen affirmed this, noting that very few sites of this scale remain in South-East Queensland that are within walking distance of a major hospital, a university, a regional shopping centre, and a train station.
