MARKET RESEARCH REPORT

PROJECT|MONTEREARIPLEY

MontereaRipleyisa150-acremasterplannedresidentialcommunitycombiningleadingedgeresidentialdesign inanaturalgreensettingandwilloffer900residentialhomesites.MontereaRipleyfeaturesarangeofblocksizessuitedtofirstandsecondtimehomebuyersanddownsizers.

MontereaRipleyformsanintegralpartoftheproposedMontereaNeighbourhoodVillagewhichwillplayhosttoarangeofparklands,recreational,sportingandretailamenitiesincludingamajorsupermarket,fueloutlet,childcare,sportingfields,foodandretailprecinct.

MontereaRipley’sGreenSpaceMasterPlanwilldedicatemorethan22acrestogreenopenspace.Thegreenspaceareaswillplayhosttoarangeofrecreationalamenitiesincludingopenwideturfedareasforkickandplay,anadventureplayground, interconnectingwalking, runningpathways,BBQsheltersandwater foundations, sheltered picnic areas, walkways, multi-sports court and public amenities to beenjoyedbyresidents.

EDUCATION:

• 13PrimarySchools&5SecondarySchoolsareproposedforRipley• RipleyPrimarySchool–OpeningDayJanuary2020• RipleySecondarySchool–OpeningDayJanuary2020• 68SchoolswithintheIpswichLocalGovernmentAuthoritycomprisingof46StateGovernmentrun

schools&22PrivateSchoolsincludingIpswichBoysGrammarandIpswichGirlsGrammar• IpswichhastwoUniversities(USQIpswich&Springfield)andamajorTafeCollege(BremerTafe)

RETAIL:

• $1.5BillionRipleyTownCentre–tobeoneofAustralia’slargestTownCentre’s(GrossFloorAreacovering257,000m2)

• $40MillionStage1RipleyTownCentrecompletedwithColesSupermarket• ProposedMontereaVillageShoppingCentrewithmajorsupermarket&retailprecinct

MEDICAL:

• $85MillionMaterPrivateHospitalSpringfield,whichformspartofthe52ha“HealthCity”ofGreaterSpringfield

• $64MillionStAndrewsIpswichPrivateHospitalexpansion• IpswichHospital,with351beds• RipleyMedicalPrecinct–Opening2018

DEVELOPMENTOVERVIEW

EMPLOYMENTOPPORTUNITIES:

• $1.5BillionRipleyTownCentreisexpectedtocreate20,000newjobswhenfullycompleted• NewHiTechParcelCentrebyAustraliaPost–550newjobs• $1BillionAmberleyRAAFBaseexpansion–3,000RAAFfamiliestorelocatetoIpswich• $150MillionAerospace&DefenceSupportCentreatAmberley• IpswichCostco–OpeningChristmas2018–280newjobs• $570MillionSwanbankEnterpriseParkspanning49haofprimeindustrialland• OnethirdofSouthEastQueenslandbusiness&industrialislocatedinIpswich

POPULATION&DEMOGRAPHICS:

• Ripleypopulation:1,405–Source:2016CensusbyAustralianBureauofStatistics• RipleyValleyprojectedpopulationto120,000–Source:QLDGovernment• IpswichisQueensland’sfastestgrowingcity• Ipswichexpectedtoaccommodate28%ofSouthEastQueenslandpopulationincreaseovernext20

years• WiththepopulationofIpswichprojectedgrowth;118,000newdwellingsarerequired• 67%ofpeoplethatworkinIpswichliveinIpswich

MAJORINFRASTRUCTUREPROJECTS:

• $4BillionIpswichMotorwayduplication• $366MillionCentenaryHighwayextension• ProposedRegionalTransitZonewithinRipleyTownCentrewillintegratebus,rail,pedestrianand

cycletransport• 2kmtoCentenaryHighwayand1kmtoCunninghamHighway

TRAVELLINGTIMESTO:

• RipleyTownCentre.........................................2mins• BrisbaneCBD...................................................39mins• IpswichCBD.....................................................9mins• BrisbaneAirport..............................................45mins• GoldCoastBeaches.........................................70mins• SpringfieldTrainStation..................................8mins• SpringfieldOrionShoppingCentre..................8mins