FOR SALE
$779,000+

1&2/3 Melville Drive
Brassall QLD 4305

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 480m2
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Great Investment opportunity or Dual Living

This low set modern home built in 2015 is a dual key residence that promises an outstanding investment opportunity or you can bring your Mum and Dad to live right next door. There are already tenants in place which produce double rental income, which is also attractive for investors as well.
Unit 1 has 3 bedrooms and 2 bathrooms with the main bathroom having a bath tub as well as a separate shower, plus a single lockup garage with a laundry. The combined lounge dining room is tiled and also air conditioned and the modern kitchen has a ceramic cooktop, oven and range hood, stone bench tops and a dishwasher. All 3 bedrooms have built-in wardrobes and carpet and the main bedroom has an en-suite. Sliding doors lead out onto the alfresco dining area overlooking your own private lawn which is fully fenced.
Unit 2 has 1 bedroom, 1 bathroom and a single lockup garage with a laundry. The tiled lounge/dining room is also air conditioned and leads out onto its own private alfresco dining area which is also surrounded by the private garden/lawn area. The open plan kitchen has all the necessary appliances including ceramic cooktop, rangehood and dishwasher as well as stone benchtops in modern colours.
The location is quite close to the up and coming Ipswich CBD approx. 13 minutes and around 40 minutes from the Brisbane CBD and also the nearby Brassall Shopping Complex around 7 minutes. Being surrounded by some very good schools like Brassall State School & Ipswich State High School with many local private schools such as Ipswich Girls Grammar School, St Mary's College & Primary School, St Edmunds College as well as Ipswich Grammar School means the school drop off and pick up is not a big issue.
The current tenancies are:
Unit 1 at $470.00 per week on a fixed lease agreement ending 11th July 2025 and
Unit 2 for $350.00 per week on a fixed lease agreement ending 4th September 2025 which is a total of $820 per week.

Property Details for 1&2/3 Melville Dr, Brassall

1&2/3 Melville Dr, Brassall is a 4 bedroom, 3 bathroom Semi-Detached with 2 parking spaces. The property has a land size of 480m2. The place is currently for sale with Ray White Wynnum/Manly.

Building Type
Semi-Detached
Land Size
480m2

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About Brassall 4305

The size of Brassall is approximately 8.2 square kilometres. It has 18 parks covering nearly 9.3% of total area. The population of Brassall in 2011 was 9,245 people. By 2016 the population was 10,902 showing a population growth of 17.9% in the area during that time. The predominant age group in Brassall is 20-29 years. Households in Brassall are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Brassall work in a trades occupation. In 2011, 56.1% of the homes in Brassall were owner-occupied compared with 50.5% in 2016.

Brassall has 5,648 properties. Over the last 5 years, Houses in Brassall have seen a 88.57% increase in median value, while Units have seen a 82.00% increase. As at 31 October 2024:

  • The median value for Houses in Brassall is $685,077 while the median value for Units is $444,509.
  • Houses have a median rent of $500 while Units have a median rent of $435.
There are currently 35 properties listed for sale, and 10 properties listed for rent in Brassall on OnTheHouse. According to CoreLogic's data, 350 properties were sold in the past 12 months in Brassall.

Suburb Insights for Brassall 4305

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Graeme Quinn
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Ray White Wynnum/Manly
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Disclaimer
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.