Ayla and Alex Nolan have purchased their first home in Ipswich.

It seems the old real estate adage of location, location, location still holds true.

First home buyers Ayla and Alex Nolan recently bought in Ipswich, deciding to call Waterlea at Walloon home.

In explaining their choice, they said “ease of access” and affordability were major factors.

“We can’t believe the ease of access to the city, shops and schools from Waterlea, as it’s only 12 minutes to Ipswich and within walking distance of the pub, IGA and the primary school,” Mrs Nolan said.

“Our block is just shy of 800 square metres and has an acreage design which is long and flat, it wouldn’t have been an affordable option to buy such a massive block of land elsewhere.”

Each village neighbourhood will have a park.

An artist’s impression of a district park at Waterlea at Walloon.

The Nolans are not alone with council’s most recent Quarterly Activity Report showing at 30 June Ipswich’s population was 212,533, up from 210,205 at 31 March.

That represents an increase of 2,328 persons and an impressive equivalent annual growth rate of 4.43 per cent.

So what does the future hold for Waterlea at Walloon?

Waterlea Walloon sales recently ticked over $30 million, with 21 contracts to the tune of $3.5 million signed in June alone.

The $350 million Waterlea Walloon development is a 1,500-lot masterplanned community in an area expected to grow by about 40,000 residents in the next 10 to 15 years.

It is expected to be developed as 13 village neighbourhoods and house 4,500 residents on completion.

Natural gas installation has been completed and the NBN will be available in every home.

A major focus is retention and rejuvenation of a natural creek running through the development.

The Waterlea at Walloon masterplan.

Project development manager Andrew Cook said several pedestrian bridges will cross the creek, with its ponds and rock pools, connecting with 2.4km of cycling paths and nature trails.

“Waterlea has been shaped by the natural landscape and its inspiring view of Mt Marrow to the south,” he said.

“The thoughtful masterplan includes a network of walking and cycling trails and a local park will be located within each neighbourhood.”

“Community areas will allow residents to enjoy concerts and sporting activities, there will be local playgrounds plus fitness circuits dotted throughout the development.”

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