OFF MARKET

2 Gipps Street
Drayton QLD 4350

Bedrooms: 5
Bathrooms: 1
Car spaces: 1
Land area: 1333m2
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Last updated 14 Oct 2024
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Property Details for 2 Gipps St, Drayton

2 Gipps St, Drayton is a 5 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1333m2. While the property is not currently for sale or for rent, it was last sold in December 2004.

Building Type
House
Land Size
1333m2
Local Government
Toowoomba Regional
Lot/Plan
7/RP110413

Last Listing description (January 2016)

what a great opportunity to get in now to secure one or both of these stunning 3 bedroom townhouses. Located within walking distance to the University and Drayton Bowls Club. Features include: built-in wardrobes in the bedrooms, ensuite in the main, two bedrooms upstairs and one down stairs. Good size open style lounge/ dining with air conditioning and kitchen with dishwasher, large pantry and access out to the private back yard. There is also a single lock up garage with remote and a lot more!!
This is perfect for the astute investor or busy executive, live in one and get the return on the other. Estimated rental return $350 pw to $360 pw each. There is also for sale separately a three bedroom house Estimated rental return $310 pw.
Body Corp. approx $220 per quarter per unit!

Make an appointment to inspect today.
Call / email Timo Sihvola 0417727680 / timo@toowoombacapital.com.au

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Property History for 2 Gipps St, Drayton, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$265,000
10 Dec 2004
  • 22 Apr 2015
    Listed for Sale Offers Over $618,000
  • 24 Jan 2007
    Listed for Sale 249000
  • 10 Dec 2004
    Sold for $265,000

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About Drayton 4350

The size of Drayton is approximately 10.5 square kilometres. It has 15 parks covering nearly 9.7% of total area. The population of Drayton in 2011 was 1,608 people. By 2016 the population was 1,721 showing a population growth of 7.0% in the area during that time. The predominant age group in Drayton is 20-29 years. Households in Drayton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drayton work in a trades occupation. In 2011, 59.2% of the homes in Drayton were owner-occupied compared with 59.9% in 2016.

Drayton has 1,172 properties. Over the last 5 years, Houses in Drayton have seen a 91.05% increase in median value, while Units have seen a 45.77% increase. As at 30 September 2024:

  • The median value for Houses in Drayton is $661,433 while the median value for Units is $378,615.
  • Houses have a median rent of $445 while Units have a median rent of $380.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Drayton on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Drayton.

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