Posted in Nicholas St News

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

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