Bremer Valley Market Update 1st Half 2025
In Q4 2024, Bremer Valley* recorded a median house price of $725,000 and a median vacantland price of $314,000.This represents a growth of 23.9% for houses and 25.6%for vacant land in the past 12months toQ4 2024. Total sales declined in the past 12months, by -27.5% for houses (to 50 sales in Q4 2024)and sharply dropped by -83.6% for vacantland (to only 10 sales in Q4 2024). This suggests a clear undersupplied market for both property types, especially vacant land, creating a buffer against higher interest rates. Thus,now is an ideal time for owners to capitalise on their investments. There is a high number of new houses and units planned; however, these needs tobe constructed and will take time.
CHANGE FROM LAST
The Ipswich local council (LGA) will see approximately$2.0Bofnewprojects commencingconstruction in2025
YEAR HALF YEAR
HOUSE SALES
HOUSE MEDIAN PRICE
HOUSE RENTAL PRICE
LAND SALES
LAND MEDIAN PRICE
MEDIAN PRICE Q4 2024
$725K $314K
MEDIAN PRICE Q4 2024
AVERAGE DAYS ON MARKET Q4 2024
39
AVERAGE DAYS ON MARKET Q4 2024
There are many projects planned in Ipswich LGA, due to construct more than 1000homes.
The closest projects toBremer Valley (Rosewood suburb) are:
• 1 Railway Street Subdivision Stages 1-4 (127 lots)
• The Terrace North Ipswich MixedUse (303 apartments)
• 31-33 Lowry Street (61 units)
• Ipswich Health Precinct (wellness and health centre)
• Ramsay Mental Health Clinic
Specific in Rosewood there is only land lots being created, which does not answer demand. Thus,house prices are likely to increase further.
AVERAGE VENDOR DISCOUNT*
Average vendor discount reflects the average percentage difference between the first list price and final sold price. A lower percentage difference (closer to 0.0%) suggests that buyers are willing to purchase close to the first asking price of a property.
Average vendor discounts between Q4 2023 and Q4 2024 have swung to a slight premium of 0.1% for houses, while remaining stable at 0.0% for land. The peak discount has passed (Q3 2023for houses and Q2 2024 for land). Market conditions in Bremer Valley* has shifted to favour owners, as buyers must offer above or equal to the first list price. Buyers must act fast, before house premiums rise further.
The suburb of Bremer Valley has historically presented a slightly more affordable market compared to the wider Ipswich Local Government Area (LGA), in both house and vacantland median prices for the past 5 years. This is still the case in 2024, with faster price growth for both house and land median prices, in both the suburb and wider LGA. Bremer Valley still offer opportunities for first home buyers.
The dominant proportion of houses sold in Bremer Valley* across 2024were in the middle price bracket between $650,000- $749,999(33.0%). There is almost an equal split between the house premium market of above $850,000 (17.7%) and the most affordable price point of less than $549,999(17.2%). With a diverse range of price points, the market offers opportunities for buyers across all budgets. The market comparison graph provides a comparative trend for median price of houses and vacant land over the past 5years. The main LGA chosen was based on their proximity to the main suburb analysed, which is Bremer Valley.
MARKET COMPARISON
Bremer Valley (4340) House
Bremer Valley (4340) Vacant Land
Ipswich City LGA House
Ipswich City LGA Vacant Land
PRICE BREAKDOWN 2024
Less than $249,999
$250,000 to $299,999
$300,000 to $349,999
$350,000 to $399,999 $400,000 and above
RENTAL GROWTH 2025€
House rental yields in Bremer Valley¥ was 3.9% as of December 2024,higher thanBrisbane Metro (3.2%). This is paired with a 10.0% growth in median house rental price in the past 12 months to Q4 2024, to$550 per week, and a -14.9% decline (to only 16rentals in Q4 2024)in the number of houses rented. The unit rental market showed the same pattern. There is an undersupplied rental market in Bremer Valley¥, which is beneficial to investors.
4+ bedroom houses have provided investors with +9.1% rental growth annually, achieving a median rent of $600per week.
Bremer Valley¥ recorded a vacancy rate of 0.6%in December 2024, well below Ipswich LGA’s and Brisbane Metro’s 1.2%. Vacancy rates have decreased in the past 12 months,suggesting an even tighter rental market. Furthermore, a 0.6% vacancyrate is well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, indicating quicker occupancy of rental properties. Although property sale prices have increased, it is more affordable than Brisbane Metro; and with a lower vacancy rate Bremer Valley¥ is an attractive investment alternative.
RENTAL VACANCY RATES 2025
Bremer Valley (4340) Ipswich City LGA Brisbane Metro REIA 'Healthy' Benchmark
¥
BremerValley
PROJECT DEVELOPMENT MAP 2025 ₳
BREMER VALLEY
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REFERENCES
* Bremer Valley sales market data and key indicators encapsulates aggregate property market conditions within the suburbs of Rosewood, Calvert, Grandchester, Thagoona, Walloon and Mount Walker.
** Estimated values are based on construction value provided by the relevant data authority and does not reflect commercial and/or re-sale value.
# 2024 encapsulates sales transactions for the 2024 full year (01/01/2024 – 31/12/2024).
€ Annual rental growth is a comparison between Q4 2023 (01/10/2023 – 31/12/2023)and Q4 2024 (01/10/2024 – 31/12/2024) house median rent figures.
¥ Bremer Valley rental market data encapsulates aggregate property conditions within the postcode of 4340.
§ Rental yields shown are as reported as of December 2024.
₳ Project development map showcases a sample of upcoming projects only, due to accuracy of addresses provided by the data provider for geocoding purposes.
£ Projects refers to the top developments within the Ipswich Local Government Area (LGA).
µ Estimated value is the value of construction costs provided by relevant data authority, it does not reflect the project’s sale/commercial value.
ψ Commencement date quoted for each project is an approximate only, as provided by the relevant data authority, PRD does not hold any liability to the exact date.
Source: APM Pricefinder, Cordell Connect database, SQM Research, Esri ArcGIS.
Disclaimer: PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material.
Prepared by PRD Research. © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed. © Copyright PRD 2025.
