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Willowbank

POSTAL CODE: QLD, 4306
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 4.06% capital gain.

Property investors in WILLOWBANK enjoyed capital gains of 0.52% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $814,250.

Profits due to an upward trend in home prices there averaged 1.35% per annum over a 3-year period.

Home owners selling their properties and realtors in WILLOWBANK usually have to wait an average of 30.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in WILLOWBANK.

WILLOWBANK, 4306 places th in Australia based on median property value growth during the quarter.

Surburb overview

Willowbank is a rural locality within the City of Ipswich, Queensland, located approximately 53.8 kilometres southwest of Brisbane's central business district and 15.7 kilometres from the Ipswich central business district.

According to the 2021 Census, Willowbank had a population of 1,351 residents, with a median age of 41 years. The gender distribution was nearly equal, comprising 654 males and 642 females.

Public transportation in Willowbank is limited. The nearest bus stop is located on Coopers Road, near Palm Meadows Home Village, and is serviced by Route 515, which connects to the Ipswich Central Business District (CBD). From Ipswich, commuters can access train services to Brisbane. Alternatively, a direct bus from Brisbane Roma Street to Amberley operates once daily, with a journey time of approximately 30 minutes.

Essential amenities in Willowbank include the Willowbank Caravan Park & Motel, offering accommodation options such as motel rooms, cabins, and camping sites, along with facilities like a swimming pool and laundry services. 

The suburb lacks educational institutions; however, nearby schools include Amberley District State School in Yamanto and Mutdapilly State School in Mutdapilly, which cater to primary education. Additionally, Bremer State High School in Ipswich and Rosewood State High School in Rosewood provide secondary education.

Recreational activities in Willowbank are centred around the Ipswich Motorsport Precinct, which houses facilities such as the Willowbank Raceway and Queensland Raceway. The Willowbank Raceway is renowned for hosting the annual Gulf Western Oil Winternationals, the largest drag racing event outside the United States. Additionally, the precinct features the Ipswich Sprint Racing Circuit and the Ipswich Junior Speedway, catering to a range of motorsport disciplines.

Willowbank's landscape is predominantly rural, with land use comprising rural residential areas and grazing on native vegetation. The locality is bounded to the southeast by the Bremer River, contributing to its natural setting.

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