SOLD
Sold on 05 Feb 2024 for $83,000

16 Lower Albert Street
Goodna QLD 4300

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3035m2
Sold By
Brisbane Real Estate.com.au
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Property Details for 16 Lower Albert St, Goodna

Building Type
Land
Land Size
3035m2
Local Government
Ipswich
Lot/Plan
314/G152

Last Listing description (March 2024)

Occupying a huge 3035m2, this wonderfully leafy and picturesque block of land is an undiscovered 'jewel' that presents numerous options for those with an eye for value.

Situated right near the Ipswich Motorway and so close to many amenities that include the Goodna Train Station, St Ives Shopping Centre, Goodna Services Club
Goodna Aquatic Centre and Goodna State School, it's hard to believe that everything is right at your door when this block exudes total peace, tranquillity and serenity.

In the past (back in 2011), the block did experience some flooding and as such, it's zoned Limited Development (Constrained) under the Ipswich Planning Scheme.

The impacts of this flooding are identified as the OV5 (1:20 Development Line and Adopted Flood Regulation Line) under the Ipswich Planning Scheme.

In regards to building on the land, the Ipswich Planning Scheme does not support intensification of residential uses in flood affected land and because of this, it is unlikely that a development application for Single Residential dwelling would be recommended for approval unless the zoning changes in the future.

In saying this, there are residential properties surrounding this block and several that have recently sold for residential purposes.

Perhaps you could agist some horses here, perhaps you could utilise this as your own weekend camping area where you can explore nature with the kids or maybe you'll simply 'land bank' this block and wait for someone to redevelop the area where you can profit and prosper.

Who knowsit doesn't fall within the Council 'buy back' scheme right now but maybe it will in the future?

Where else can you buy of an acre so close to everything for a price as low as this?

The owners are motivated to sell so this is your opportunity to secure this one at a very, very affordable price.

Don't delay there's very few legitimate bargains in real estate these days and this might very well be one of the remaining bargains aroundespecially when you're close to the heart of Ipswich and only 30 minutes from the Brisbane CBD.

'The Michael Spillane Team' is best contacted on 0414 249 947 to answer your questions.

Property History for 16 Lower Albert St, Goodna, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$83,000
05 Feb 2024
  • 05 Feb 2024
    Sold for $83,000
  • 31 Mar 2020
    Listed for Sale From $327,812
  • 17 May 2010
    Sold for $96,500
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About Goodna 4300

The size of Goodna is approximately 7.9 square kilometres. It has 27 parks covering nearly 10.5% of total area. The population of Goodna in 2011 was 8,775 people. By 2016 the population was 10,479 showing a population growth of 19.4% in the area during that time. The predominant age group in Goodna is 0-9 years. Households in Goodna are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Goodna work in a labourer occupation. In 2011, 47.1% of the homes in Goodna were owner-occupied compared with 44.4% in 2016.

Goodna has 4,213 properties. Over the last 5 years, Houses in Goodna have seen a 101.12% increase in median value, while Units have seen a 42.03% increase. As at 31 July 2024:

  • The median value for Houses in Goodna is $565,159 while the median value for Units is $345,247.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 24 properties listed for sale, and 11 properties listed for rent in Goodna on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Goodna.

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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.