SOLD
RECENT ADVICE
Sold on 01 May 2024 for $515,000

38/87 Thorn Street
Ipswich QLD 4305

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Floor area: 127m2
Land area: 127m2
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Property Details for 38/87 Thorn St, Ipswich

38/87 Thorn St, Ipswich is a 4 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 127m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom Unit sold in Ipswich in the last 12 months.

Building Type
Unit
Floor Size
127m2
Land Size
127m2
Local Government
Ipswich
Lot/Plan
38/SP175514

Last Listing description (May 2024)

GREAT INVESTMENT RETURNING $800 per week

Looking for your next investment in Ipswich? Look no further than this affordable 4-bedroom, 4-bathroom unit located in a lovely complex in the heart of Ipswich suburb.

For the investor, this property is currently rented for $200 per room/per week totaling $800 per week. With an increase to $220 per room per week totaling $880 per week.

Accommodation & Features:
- 4 Great Sized Bedrooms
- All Bedrooms are Equipped with En-Suites
- Open Plan Kitchen, Living & Dining Area
- Laundry Space
- Car-Park with Additional Visitor Car-Parking
- Well Maintained Complex
- Ultra Convenient Location

Located just a short distance from the local shops, schools and hospitals, this unit is in an ideal location for those seeking convenience and easy access to amenities. With its proximity to the Ipswich CBD, you can enjoy all the benefits of excellent capital growth in the future.

From all of us at ELDERS Real Estate, we wish you every success in your search for your home. If you would like more detail on this home or to chat about one of the many other properties, we have available please call or email us today.

Scott Reeves 0413 185 649

Property History for 38/87 Thorn St, Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$515,000
01 May 2024
  • 09 Oct 2023
    Listed for Sale Offer Over $530,000
  • 29 Aug 2022
    Sold for $379,650
  • 02 Mar 2022
    Sold for $7,750,000
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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 99.72% increase in median value, while Units have seen a 82.55% increase. As at 30 September 2024:

  • The median value for Houses in Ipswich is $696,330 while the median value for Units is $418,491.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 15 properties listed for sale, and 12 properties listed for rent in Ipswich on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Ipswich.

Suburb Insights for Ipswich 4305

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Scott Reeves
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Elders Real Estate 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.