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Sold on 02 Sep 2024 for $875,000

114 Thorn Street
Ipswich QLD 4305

Bedrooms: 5
Bathrooms: 4
Car spaces: 4
Land area: 1153m2
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Property Details for 114 Thorn St, Ipswich

114 Thorn St, Ipswich is a 5 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1153m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom BlockOfUnits sold in Ipswich in the last 12 months.

Building Type
BlockOfUnits
Land Size
1153m2
Local Government
Ipswich
Lot/Plan
3/RP80278

Last Listing description (September 2024)

114 Thorn Street, Ipswich provides your investment utility, with 1,153m2 of Character Housing Mixed Density on 2 lots, with 4 independent leases in place returning $1,250 per week, congratulations.

Our location is future proofed, approx. 700m distance to the University of Southern Queensland Campus, approx. 1.3km to the Ipswich General Hospital and approx. 2km to the Ipswich CBD, your flood free investment will stand strong for years to come with the projected population growth predicted for our expanding city!

Your Property:

Unit 1 - 1 Bedroom 1 Bathroom 1 Carport with Tenancy in place until the 3rd April 2025 returning $300 per week.

Unit 2 - 1 Bedroom 1 Bathroom 1 Carport with Tenancy in place until 8th March 2025 returning $250 per week.

Unit 3- 1 Bedroom 1 Bathroom 1 Carport with Tenancy in place until 16th January 2025 returning $400 per week.

Unit 4 - 2 Bedroom 1 Bathroom 1 Carport with Tenancy in place until 7th March 2025 returning $300 per week.

Rates charge approx. $1,817.65 per quarter.

Water Charge approx. $1,094.02 per quarter.

Your Land 1,153m2 in total.

Zoning - Character Housing Mixed Density Ipswich City Council.
https://www.ipswichplanning.com.au/__data/assets/pdf_file/0019/1954/ips_part_4_div_07_char_areas_housing_zone.pdf

Presenting with 2 lots, 809m2 with existing dwelling & 344m2 vacant rear lot.

Flood & Mining Free.
https://maps.ipswich.qld.gov.au/weave/planscheme.html

Your Location:
• USQ Ipswich Campus- Approx. 700m
• Ipswich CBD- Approx. 2km
• Ipswich General Hospital- 1.3km
• Limestone Park- Approx. 750m
• Queens Park- Approx. 2km
• Ipswich Central Train Station- Approx. 2.4km
• Ipswich Central State School (Prep to Grade 6)- Approx. 1.7km
• Bremer State High School (Grade 7 to Grade 12)- Approx. 1.8km

Ipswich is the epicentre of residential growth, and the fastest growing City in Queensland!
This growth urgently requires properties.
The City of Ipswich's diverse economy and growing population offer unparalleled opportunities. A current population base of 251,148 - with a projection to more than double over the next two decades.

2023 TO 2027 IN A SNAP SHOT
PEOPLE -
11,500 new jobs for Ipswich (Manufacturing, Health Care, Construction)
2031 projection for number of residents 410,630
2041 projection for number of residents 557,649

PROSPERITY -
$6.5 billion in gross regional product.

OUR GROWING REGION -
Spanning an area of 1,090km2, Ipswich enjoys a prime location in South East Queensland, located between the Gold Coast to the south, Toowoomba to the west, Brisbane to the east, and the Sunshine Coast to the north. It is an area experiencing significant growth. It is the fastest-growing city in Queensland and one of the top 10 nationwide. With its population of over 251,000 and projected to more than double in the next two decades. In many ways, Ipswich Central is the nexus of the region's centres. The combination of entertainment, cultural venues and industry, anchors the network of centre's surrounding Ipswich Central.

Ipswich is rich in cultural history. It is home to varying sectors including health care, defence, manufacturing, education, retail and construction. All these industries provide an array of employment opportunities, with over 12,000 local businesses and over 93,000 local jobs. The City of Ipswich's Gross Regional Product is estimated at $13.73 billion, which represents 2.95% of the state's GSP (Gross State Product).

Welcome to Ipswich A proud past, an exciting present and a strong future.

DISCLAIMER: First National Action Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 114 Thorn St, Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$875,000
02 Sep 2024
Listed for Rent
$200/w
30 Aug 2016
  • 19 Aug 2024
    Sold for $900,000
  • 09 Aug 2024
    Listed for Sale UNDER OFFER
  • 21 Jun 2016
    Listed for Rent $200 / week
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About Ipswich 4305

The size of Ipswich is approximately 4.2 square kilometres. It has 11 parks covering nearly 34.1% of total area. The population of Ipswich in 2011 was 2,536 people. By 2016 the population was 2,445 showing a population decline of 3.6% in the area during that time. The predominant age group in Ipswich is 40-49 years. Households in Ipswich are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ipswich work in a professional occupation. In 2011, 40.6% of the homes in Ipswich were owner-occupied compared with 41.3% in 2016.

Ipswich has 1,743 properties. Over the last 5 years, Houses in Ipswich have seen a 106.46% increase in median value, while Units have seen a 105.23% increase. As at 31 October 2024:

  • The median value for Houses in Ipswich is $708,585 while the median value for Units is $459,280.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 13 properties listed for sale, and 13 properties listed for rent in Ipswich on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Ipswich.

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Contact agent
Helene Shephard
Show contact details
First National Action Realty Ipswich
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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.