FOR SALE
$179,000

3/191-199 Warwick Road
Churchill QLD 4305

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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High-Return Student Investment: Exceptional Yield!

Important Information: These units are designated for student accommodation only. They cannot be owner-occupied, and all tenants must have a valid student number.
Investment Opportunity:
This "set and forget" investment unit is located near the heart of Ipswich in the UniLink Student Accommodation Village. With a solid rental return and dedicated on-site management, this investment is designed to be low-maintenance. The complex offers great amenities, and tenant parking within the complex.
Unit Details:
-3 bedrooms, 1 bathroom, with a second toilet
-Recently refurbished with new carpet and fresh paint as of January 2024
-Currently tenanted at $400 per week, with a lease in place until October 2025
-This unit is offered unfurnished
Financial Details:
-Council Rates: Approximately $450 per quarter*
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Property Details for 3/191-199 Warwick Rd, Churchill

3/191-199 Warwick Rd, Churchill is a 3 bedroom, 1 bathroom Unit. The place is currently for sale with Ipswich Real Estate.

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About Churchill 4305

The size of Churchill is approximately 1.7 square kilometres. It has 8 parks covering nearly 9.7% of total area. The population of Churchill in 2011 was 1,782 people. By 2016 the population was 1,844 showing a population growth of 3.5% in the area during that time. The predominant age group in Churchill is 20-29 years. Households in Churchill are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Churchill work in a labourer occupation. In 2011, 58.1% of the homes in Churchill were owner-occupied compared with 56% in 2016.

Churchill has 884 properties. Over the last 5 years, Houses in Churchill have seen a 105.02% increase in median value, while Units have seen a -30.36% decrease. As at 30 September 2024:

  • The median value for Houses in Churchill is $587,684 while the median value for Units is $178,365.
  • Houses have a median rent of $480 while Units have a median rent of $425.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Churchill on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Churchill.

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Nic Fisher
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Olivia Grant
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Ipswich Real Estate
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