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Sold on 24 Apr 2024 for $532,000

7 Broad Street
Brassall QLD 4305

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 863m2
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Property Details for 7 Broad St, Brassall

7 Broad St, Brassall is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 863m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Brassall in the last 12 months.

Building Type
House
Land Size
863m2
Local Government
Ipswich
Lot/Plan
92/RP196323

Last Listing description (April 2024)

Nestled in a prime location surrounded by excellent amenities, 7 Broad St in Brassall presents an enticing investment opportunity. Situated on a huge block spanning over 800m2, this property offers potential for future development, including options for granny flats or the construction of duplexes (STCA). Fully fenced with a large backyard, the property provides a blank canvas for those looking to capitalize on its development potential.

Internally, the home boasts a formal living area, dining space, and a generous kitchen, providing ample room for comfortable living. The three bedrooms offer good sizes, along with a family bathroom. While the property requires modernization and some renovation, it is not an urgent requirement to move in, making it an attractive option for investors or those seeking to retain long-term tenants currently occupying the property.

Additional features include a separate laundry and outdoor entertainment area, complete with garden sheds for added storage convenience. Car accommodation is provided with a carport, ensuring ample space for vehicles. 7 Broad St presents a rare opportunity to secure an investment property with potential for future development in a sought-after location. Don't miss the chance to explore the possibilities that this Brassall residence holds. Contact us today to arrange a viewing and unlock the investment potential of 7 Broad St.

Current tenants have been in the property for 12 years and would love to stay on
Current Rent: $375 PW
Rental Appraisal: $480PW-$490PW

Property History for 7 Broad St, Brassall, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$532,000
24 Apr 2024
Listed for Rent
$260/w
08 Jan 2013
  • 24 Apr 2024
    Sold for $532,000
  • 01 Mar 2024
    Listed for Sale SOLD
  • 18 Aug 2017
    Sold for $250,000
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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 5,705 properties. Over the last 5 years, Houses in Brassall have seen a 86.67% increase in median value, while Units have seen a 48.21% increase. As at 31 August 2024:

  • The median value for Houses in Brassall is $673,041 while the median value for Units is $378,111.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 45 properties listed for sale, and 17 properties listed for rent in Brassall on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Brassall.

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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.