SOLD
RECENT ADVICE
Sold on 23 Sep 2024 for $360,000

5/8 South Street
Ipswich QLD 4305

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 96m2
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Property Details for 5/8 South St, Ipswich

5/8 South St, Ipswich is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 96m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Ipswich in the last 12 months.

Building Type
Unit
Land Size
96m2

Last Listing description (September 2024)

• Current Tenant Paying $320 p/w till 4/10/2024.
• Body Corp including Sinking Fund Approx $530 p/q
• Water Rates Approx $400 p/q

• Council Rates Approx $520 p/q
• Open Plan Modern Kitchen
• Modern Bathroom
• Two Generous Bedrooms With Built-in-Robes
• Single Lock Up Garage
• NBN Connected
• 3 min Drive to Riverlink Shopping Centre
• 3 min Drive to Ipswich Hospital
• Walking Distance to Ipswich Train Station and Ipswich CBD
• 300m to Coles Shopping Centre & Officeworks
• 400m to St Andrews Private Hospital
• 500m to Queens Park Café, Nature Centre and Nerima Gardens
• Local Restaurants and Takeaways

What an opportunity! What a Location! This well maintained, solid, two-bedroom unit is in the heart of Ipswich making it a fantastic investment. This future investment has all the things you require just at the doorstep with a great tenant already in place and wanting to extend his rental agreement, meaning you just set and forget.

Renovated only a few years ago meaning no further costs to you in the short fall, opportunities like this don't come along to often so weather you are a first-time investor or just adding to your property portfolio, get excited as it won't last long.

To arrange in inspection please call William Teys 0401 373 320 today and let's arrange your inspection today.

DISCLAIMER: Crowne Real Estate 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. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 5/8 South St, Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$360,000
23 Sep 2024
Listed for Rent
$280/w
20 Sep 2021
  • 09 Sep 2024
    Sold for $360,000
  • 28 May 2024
    Listed for Sale Offers Over $349,000
  • 09 Sep 2021
    Listed for Rent $280 / 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 1,750 properties. Over the last 5 years, Houses in Ipswich have seen a 104.88% increase in median value, while Units have seen a 115.96% increase. As at 30 November 2024:

  • The median value for Houses in Ipswich is $699,560 while the median value for Units is $473,344.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 16 properties listed for sale, and 13 properties listed for rent in Ipswich on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Ipswich.

Suburb Insights for Ipswich 4305

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William Teys
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Crowne Real Estate
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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.