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14 April 2010

Camira tops list of growth suburbs - Springfield and Goodna up



Gary Barnes outside his Camira home.



The Satellite


CAMIRA is the best performing growth suburb in Ipswich according to new data released by the Real Estate Institute of Queensland (REIQ).

The peak body's figures show average property prices in Camira have risen by 9.8 per cent in the past quarter.

Camira homeowner, Gary Barnes, said the news was great for everyone in Camira and the surrounding area.

"It will put dollars in our pocket and anyone who has been here for more than five years," he said.

Mr Barnes has been a homeowner in Camira since he moved here from England in 1987, and he said he thought the recent interest in the suburb had a lot to do with the development in Springfield.

"With the infrastructure going up in Springfield it's a natural flow through," he said.

"There are larger residential lots in Camira for people who want them at basically good prices."

Division 1 Councillor, David Morrison, who also lives in Camira, said he always believed the suburb would become one of Ipswich's most sought after suburbs.

"People used to say nothing will ever happen in Camira, but look at it now," he said.

Like Mr Barnes, he said he believed the house values in Camira had soared because of the suburb's proximity to development in Springfield as well as its proximity to the Brisbane, Ipswich and Gold Coast CBD.

He also agreed people could buy a larger block of land and house at Camira compared to surrounding suburbs.

The REIQ report revealed Springfield Lakes property prices increased by 4.1 per cent, while Goodna increased by 1.7 per cent.

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