Posted by Darrell Giles | Jan 29, 2019 | Business

First Costco, now Coles.

The supermarket giant has confirmed plans to construct a new automated ambient distribution centre in Redbank, likely to create hundreds of new jobs. Coles Group Limited made a major announcement to the Australian Stock Exchange about a $950 million project involving two mega distribution centres, one being at Redbank.

The company confirmed the new centre, to be based at Redbank, will create hundreds of jobs over an initial 20-year lease period.

The competition will certainly hot up between Coles, Costco and other supermarket retailers in the region. Costco was due to open its doors at its new Bundamba location before Christmas, but delays on road works meant an early 2019 opening.
The warehouse and adjacent petrol station will create about 280 new jobs and will mean huge saving for customers and motorists.

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Carly Morrissey, Queensland Times
December 6, 2018 12:58pm

SINCE its development 25 years ago Springfield has been growing at a rapid rate.  Now home to one of Queensland's fastest growing suburbs - Spring Mountain with capital growth of 103.6 per cent - the population is expected to grow by 6 per cent a year for the next 20 years.

Spring Mountain at Greater Springfield is the fastest growing suburb in the Ipswich Region and the state's second best performing suburb. New research shows that Springfield Central is positioned to be the work, study and services hub of a catchment of 350,000 people by 2036. And once complete, Springfield Central's 360ha heart will be twice the size of Brisbane's CBD.

Here's what developers are bringing to Springfield.

1. Extension to Springfield Fair 

Developers have applied to extend Springfield Fair and add another 476m2 of gross floor area. The centre currently is home to a Coles and 17 retail outlets.

2. Shops, childcare centre, retail warehouse, restaurant and medical centre at Springfield Lakes. 

Developers want to extend the Spring Lake Metro Centre. A material change of use for a 76 child capacity child care centre, and shop, restaurant, medical centre, fast food premises, commercial premise and or vet clinic and motel extension has been submitted to the council. The extension will increase the centre's floor area by 2370m2. Currently the area is home to a tavern, McDonald's and 23 retail shops.

HAYDEN JOHNSON 8th Nov 2018

IPSWICH'S strong population increase has gone up another notch, with the city's growth rate soaring higher.

According to Ipswich City Council's latest Planning and Development Quarterly Activity Report, the population of Ipswich has cracked the 215,000 mark. The report for July to September confirms the city's high population growth rate is continuing - now soaring to 5.38 per cent. An extra 2858 people called Ipswich home in the quarter, increasing the city's population to 215,391.

Ipswich had surpassed the 210,000 mark in the January to March quarter earlier this year. Australian Bureau of Statistics figures have consistently ranked Ipswich as one of the fastest-growing cities in Queensland and in the top 10 nationwide.

The population hotspots are Spring Mountain, South Ripley, Redbank Plains, Ripley and Bellbird Park.

Queensland's double-digit growth suburbs are revealed: REIQ

Almost 70 Queensland suburbs delivered double digit house price growth over 12 months to June, according to the latest REIQ research from the Queensland Market Monitor report.

There were 11 suburbs that reached an annual house price growth of more than 20 percent.

A main focal point of Silverhall’s research are precincts within the Ipswich LGA. Spring Mountain near Ipswich grew over 103%, with 5 other suburbs enjoying double digit growth. There was more success all along the Queensland coast.

REIQ CEO Antonia Mercorella said while many headlines predicted doom and gloom for the property market, the reality was very different with many markets in Queensland performing exceptionally well.

“A total of 68 suburbs throughout Queensland have delivered double-digit growth over 12 months, which is a really strong result,” Mercorella said.

“And there are m any more suburbs delivering strong single-digit growth. It’s a great market to be in at the moment.”

A total of 41 suburbs in the southeast corner dominated the list of top performers for capital growth in Queensland, comprising around 60 percent of all 68 suburbs included on the list.

Recent key reports by leading industry experts on the performance of suburbs within the SEQ property market, include all of Silverhall's researched areas. These rising suburbs are listed as identified by Silverhall’s research since 2015.

Silverhall’s research identified this location as an investment hotspot in 2016 with many clients wisely investing in the area to date. There is still substantial growth to occur. We seriously see this location in a similar way we forecasted the growth of the North West and South West of Sydney with the extensive employment growth and infrastructure investment.

Strong migration into Queensland has helped house and apartment prices in Brisbane stay in positive territory. Two million new residents and close to a million new jobs over the next 20 years, plus a bold proposal for a rapid rail network - all highlighted by the Courier Mail's incredible new feature series 'Future South East Queensland'.