Spring Mountain confirmed as south-east Queensland home building hotspot

Spring Mountain has maintained its title as Ipswich’s fasting growing suburb, with new figures showing a monthly average of 30 new homes being built in 2021.

And the figures for the first quarter of 2021 reveal an extra 257 residents moving into the hotspot suburb, just 35 minutes from Brisbane’s CBD – an average of nearly 86 per month.

Springfield City Group (SCG) Managing Director Raynuha Sinnathamby said Spring Mountain continued to be a “destination of choice” because of the lifestyle – and affordability – it offered young families.

“Apart from generating new jobs, Spring Mountain is generating a lot of interest and excitement because it is becoming the new inner-city hub of Springfield,” she said.

“It is conveniently located near the shopping, business, health and education precincts of Springfield City, and the beauty of White Rock-Spring Mountain Conservation Estate. It provides a sought-after lifestyle, where urban living meets the great outdoors.”

According to Council’s Planning and Regulatory Services Quarterly Report Card from 1 January to 31 March 2021, Spring Mountain added the greatest number of new houses with 90 being built, with a total of 257 residents moving into the suburb.

Figures for the past financial year show Spring Mountain topped the region for new dwellings (442) and population growth (1247) in 2019-20.

Among those who have moved into the booming suburb is Melina MacNellie-Verrall, 35, who lives in a home she recently built in Kippen Close with her husband Justin, and their five children, aged between 10 months and 16.

“I grew up in the area, and it’s great to be back home where there is such a tremendous sense of community,” said Mrs MacNellie-Verrall, who is involved in the property and finance industries. “We purchased the perfect block of land in a beautiful area to build our five-bedroom home.

“We’re close to schools, and another thing which is marvellous for the kids is all the open space – the neighbourhood parks, walking and cycling paths and sporting fields which are not only important for exercising, but socialising.”

SCG are the master-planners and developers of Springfield City, which has over the past 29 years’ attracted investment of around $18 billion. Its population of 46,000 is expected to triple over the next two decades, making it one of Australia’s fastest growing regions.

Spring Mountain isn’t the only success story, with new figures showing the median house price in the blue-chip suburb of Brookwater jumping from $857,500 last year to $961,500 in the first four months of 2021.

Median price of houses fronting Brookwater’s 18–hole golf course increased from $979,000 in 2020 to $1.21million – with the median price for non-golf course frontage houses increasing from $789,000 to $940,000 in the first four months of 2021.

Ms Sinnathamby said: “Springfield is home to 11 schools, residential developments, a hospital, existing local and regional transport links such as highways and two rail stations, and much more. We are well on our way to becoming an economic epicentre for South East Queensland.”