FOR SALE
INVESTOR SPECIAL Offers OVER $479,000

3/54A Briggs Road
Raceview QLD 4305

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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INVESTOR SPECIAL Offers Over 479k

3/54A BRIGGS ROAD, RACEVIEW
Top investment opportunity with a great tenant in place paying $420pw the lease will be expiring in JUNE 2025 a rent increase will be due at the completion of current lease. Rent estimates are $475-$500pw. Perfect for students, families, couples. The complex 'Raceview Terraces' is situated close to the Ipswich CBD with easy access to Ipswich Motorway, close to RAAF, USQ University and Bremer Institute, Public and Private Hospitals, Riverlink Shopping Centre, and much more!
Features include:
For Investors Tenant Paying $420pw with rent due to increase in June 2025
Fully Gated community with onsite management
3 bedrooms and 2 baths (main bedroom has ensuite)
Powder room downstairs
Large open living area
Outdoor tiled covered patio
Air conditioning and ceiling fans in living area and ALL Bedrooms
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Property Details for 3/54a Briggs Rd, Raceview

3/54a Briggs Rd, Raceview is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The place is currently for sale with RAAS Property Group.

Building Type
Townhouse

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About Raceview 4305

The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.

Raceview has 4,456 properties. Over the last 5 years, Houses in Raceview have seen a 97.18% increase in median value, while Units have seen a 79.71% increase. As at 30 September 2024:

  • The median value for Houses in Raceview is $664,887 while the median value for Units is $372,388.
  • Houses have a median rent of $530 while Units have a median rent of $440.
There are currently 27 properties listed for sale, and 10 properties listed for rent in Raceview on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Raceview.

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Mick Rush
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RAAS Property Group
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