Ipswich: one of Australia’s fastest-growing cities

Economic Highlights

• City of Ipswich’s gross regional product (GRP) = $9.42 billion[ii]
• Ipswich GRP equivalent to 3% of Queensland gross state product
• Manufacturing contributes over $3.6 billion per annum to local economy
• Ipswich economy includes over $1.1 billion in international exports

Population Growth

• Ranked as one of Australia’s fastest-emerging 21st Century cities
• Population growth rates of 3.5% per annum over the last ten years
• Current population over 215,000 people (as at late 2018)
• Urbis estimates up to 395,000 people will live in Ipswich by 2036

Employment

• Over 70,000 local jobs in key industry sectors, including:
• manufacturing,
• health care,
• retail,
• education and training,
• construction, and
• transport and logistics
• Manufacturing employs over 16,000 locals[iii]
• Over 40 advanced manufacturing businesses in Ipswich region
• Defence industry contributes to more than 7,000 jobs
• Approximately 9,000 workers located within immediate proximity of the future Nicholas St
• 60% of workers in immediate locality employed in health care and public administration[iv]

Education

• Over 1,700 students attend one of two university campuses in the Ipswich CBD:
• University of Queensland’s Clinical School
• University of Southern Queensland’s Ipswich Campus