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Sold on 25 Sep 2023 for $500,000

18 Spring Street
East Ipswich QLD 4305

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 607m2
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Property Details for 18 Spring St, East Ipswich

18 Spring St, East Ipswich is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 4 bedroom House sold in East Ipswich in the last 12 months.

Building Type
House
Land Size
607m2
Local Government
Ipswich
Lot/Plan
2/RP123111

Last Listing description (September 2023)

Block size: 607m2
Bedrooms: 4
Bathrooms: 2

Formal lounge: 1
Family room: 1
Car accommodation: 2
Outdoor entertainment: Covered front deck & concrete patio
Fenced yard: Mostly fenced rear yard
Roof Type: Iron. New Roof guttering
Insulation: Roof insulation
Tenants: Ground floor rented at $320 a week until 04 Sep 2024. Upper level rented at $445 a week until 22 May 2024. Rent includes water, electricity and lawn mowing. Water and Electricity are not individually metered.
Amenities: Walk to train station, bus stop. Close to CBD, schools, Booval Fair shopping centre etc.
Flood Free? - Water over land in 1974 but nothing ever since

Plenty has been refreshed, replaced or renovated at this property that is found tucked away within a sleepy cul de sac street in a very handy location. Walk just a few minutes to the upgraded East Ipswich train station and comfortably whiz your way into the Brisvegas big smoke or even in the opposite direction to the bustling Ipswich station and beyond! Wander to the bus stop and be close to both the CBD, schools and Booval Fair Shopping Precinct from this top spot.

This dual occupancy set up has great tenants within and both are on long leases. The upper level tenants have 3 bedrooms with ceiling fans, a modern bathroom, stylish kitchen with adjoining dining space and a lounge room that opens out onto the covered front deck. Front and rear external stairs access this upper level and a separate laundry is found at the base of the rear external stairs. These tenants are paying $445 a week and are on lease until 22 May 2024.

The lower level consists of an open plan design that incorporates the lounge/bedroom/dining all within one large space. The kitchen also has a laundry area and the separate bathroom and loo complete the layout of this level. These tenants are paying $320 a week and are on lease until 04 Sept 2024.

The mostly fenced rear yard also has a sun patio concreted slab.

Each tenant has 1 carpark beneath the high clearance drive thru double carport and their rent amount includes water and electricity supply as they are not separately metered, as well as lawnmowing that costs approx $100 month.

File pics utilised to respect tenants privacy.

Property History for 18 Spring St, East Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$500,000
25 Sep 2023
Listed for Rent
$475/w
24 Jul 2024
  • 11 Sep 2023
    Sold for $500,000
  • 30 May 2023
    Listed for Sale Under Offer! - Interest Above $499,000
  • 09 Nov 2022
    Listed for Rent $445 / week
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About East Ipswich 4305

The size of East Ipswich is approximately 1.7 square kilometres. It has 4 parks covering nearly 8.9% of total area. The population of East Ipswich in 2011 was 2,194 people. By 2016 the population was 2,391 showing a population growth of 9.0% in the area during that time. The predominant age group in East Ipswich is 10-19 years. Households in East Ipswich are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Ipswich work in a professional occupation. In 2011, 60.4% of the homes in East Ipswich were owner-occupied compared with 56.4% in 2016.

East Ipswich has 1,210 properties. Over the last 5 years, Houses in East Ipswich have seen a 97.76% increase in median value, while Units have seen a 72.52% increase. As at 31 July 2024:

  • The median value for Houses in East Ipswich is $575,299 while the median value for Units is $382,388.
  • Houses have a median rent of $493 while Units have a median rent of $405.
There are currently 6 properties listed for sale, and 3 properties listed for rent in East ipswich on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in East ipswich.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.