Springfield Lakes Property Growth
QLD · 4300 · Ipswich Region
Adjacent to Springfield in the Ipswich region, this suburb is known for its network of lakes and parklands alongside predominantly newer family housing.
Overview
Location: Ipswich City Council
Adjacent to Springfield in the Ipswich region, this suburb is known for its network of lakes and parklands alongside predominantly newer family housing.
Market Snapshot
Median House Price
$965k
Median Unit Price
$780k
Avg Days on Market
17 days
Demographics
Estimated Population
15,327
Owner Occupier Rate
50.0%
Renter Rate
50.0%
Transport & Connectivity
Springfield Lakes has no train station within the suburb itself; Springfield Station on the Springfield Train Line is around a 21-minute walk away, connecting to Brisbane's Central Station in under 41 minutes, with Translink bus routes 528 and 534 also serving the suburb. The Centenary Highway and Springfield Parkway (currently subject to a staged council-funded upgrade) provide the main road links toward Brisbane and the wider Greater Springfield precinct. Verify current timetables and traffic conditions before relying on any commute estimate.
Education
Springfield Lakes State School (opened 2007) and Good Shepherd Catholic Primary School (opened 2013, around 267 students across Prep-6) serve the suburb's primary-aged children, with Woodcrest State College and Springfield Anglican College nearby in Springfield Central providing secondary options. Always verify availability and waitlists directly with providers.
Amenities & Lifestyle
Regatta Lake, Discovery Lake Reserve and Promenade Park provide an extensive network of walking and cycling paths and family-friendly open space built around the suburb's waterways, reflecting Springfield Lakes' origins as part of the largest master-planned residential development in the Southern Hemisphere. Major shopping, dining and entertainment are available a short drive away at Orion Springfield Central.
Employment
Major Employment Hubs
- Most residents commute to the wider Greater Springfield employment precinct — including Orion Springfield Central, the University of Southern Queensland's Springfield campus and the Mater Health City precinct — or further afield to Ipswich and Brisbane.
Commercial Centres
- Springfield Lakes itself is largely residential, with local convenience retail supplemented by the major Orion Springfield Central and Orchard Shopping Centre precincts nearby.
Infrastructure
Ipswich City Council's capital works program includes ongoing funding for Stage 2 of the Springfield Parkway road upgrade, part of a $42.3 million, five-year program that improves connectivity for Springfield Lakes and surrounding Greater Springfield suburbs. As with neighbouring Springfield, the suburb stands to benefit from the broader Mater Health City and IDEA City precinct developments and any future outcomes of the Ipswich-to-Springfield Central public transport corridor business case.
No further projects beyond those noted above are currently confirmed for Springfield Lakes. Check Infrastructure Australia's project pipeline, State Government announcements or Ipswich City Council's website for the latest updates.
Growth Drivers
- Large-scale master planning — Springfield Lakes is part of the largest master-planned residential development in the Southern Hemisphere, with an established population of around 17,200 residents.
- Lakes and parkland network — Regatta Lake, Discovery Lake Reserve and Promenade Park give the suburb extensive recreational pathways and family-friendly open space built around its waterways.
- Established local schools — Springfield Lakes State School (opened 2007) and Good Shepherd Catholic Primary School (opened 2013) serve the suburb's families.
- Rail proximity — Springfield Station, on the Springfield Train Line, is around a 21-minute walk away, connecting to Brisbane Central Station in under 41 minutes, supplemented by dedicated Translink bus routes (528, 534).
Key Risks
- Springfield Lakes has no train station within the suburb itself; the nearest station is a 21-minute walk away, meaning some residents rely more on bus services or cars for their daily commute.
- As part of a very large master-planned development, ongoing construction in surrounding stages of Greater Springfield can add housing supply that affects competition among sellers and landlords.
- Interest rate and lending sensitivity — like all property markets, local prices and buyer activity can be affected by changes in interest rates and lending conditions.
Frequently Asked Questions
Springfield Lakes' growth drivers include its extensive lakes and parkland network, established local schools, and proximity to the Springfield Train Line into Brisbane, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
Springfield Lakes State School and Good Shepherd Catholic Primary School serve the suburb's families, with further options available nearby in the broader Greater Springfield precinct.
Springfield Station on the Springfield Train Line is around a 21-minute walk from the suburb, connecting to Brisbane Central Station in under 41 minutes, with Translink bus routes 528 and 534 also serving the area. Verify current timetables before relying on any commute estimate.
Regatta Lake, Discovery Lake Reserve and Promenade Park provide extensive walking paths and family-friendly parkland, with major retail available nearby at Orion Springfield Central.
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Calculate Future ValueSources
- ABSAustralian Bureau of Statistics — Census QuickStats— https://www.abs.gov.au/census
- Local CouncilIpswich City Council— https://www.ipswich.qld.gov.au/
- State GovernmentTranslink / Queensland Rail— https://translink.com.au/
- State GovernmentQueensland Department of State Development, Infrastructure, Local Government and Planning— https://www.statedevelopment.qld.gov.au/
- Infrastructure AustraliaProject Pipeline— https://www.infrastructureaustralia.gov.au/
- State Government### Western Australia
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.