OFF MARKET

5 Weldon Street
North Ipswich QLD 4305

Bedrooms: 5
Bathrooms: 3
Car spaces: 6
Floor area: 90m2
Land area: 1573m2
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Property Details for 5 Weldon St, North Ipswich

5 Weldon St, North Ipswich is a 5 bedroom, 3 bathroom House with 6 parking spaces and was built in 1920. The property has a land size of 1573m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in April 2005.

Building Type
House
Year Built
1920
Floor Size
90m2
Land Size
1573m2
Local Government
Ipswich
Lot/Plan
14/RP14730

Last Listing description (June 2023)

This has to be the best investment opportunity of 2022! 4 houses on 2 titles in a location not to be repeated again. Oxbridge National welcomes you to 5 & 7 Weldon Street, North Ipswich.

These properties are within walking distance to all local amenities including but not limited to; local shops, buses, trains, Riverlink Shopping Precinct, fitness centres, parks, schools and the CBD. With quick access to the Highway, granting you easy access to Brisbane.

Further property features include but not limited to;

* 4 Houses currently rented for $1,195 per week / $62,140 per annum;
* Both properties are dual occupancy
*5 Weldon Street - 1573 m2
5A - 2 bedrooms, 1 bathroom, highest with lock-up garage and laundry under
5B - 3 bedrooms, 2 bathrooms, single enclosed carport + further off street parking
*7 Weldon Street, North Ipswich 1573 m2
7A - 2 bedrooms, 1 bathroom, single carport
7B - 3 bedrooms, 2 bathrooms, double carport
*All on separate water meters
*All on separate power (plus pool has its own connection)
*All properties have security screens
*All have split system air-conditioning in the living areas

Income per house :
5A $280pw
5B $335pw
7A $260pw
7B $320pw

These rents have not been increased for sometime now and have potential to increase the returns to be more in line with current market rental prices.

Agents Oxbridge National invites your interest in this unique property, with a genuine seller. Make no mistake this property must be sold Via a best offer situation by 5:30pm, 28th of March, 2022 IF NOT SOLD PRIOR!.

Property History for 5 Weldon St, North Ipswich, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$145,000
04 Apr 2005
Listed for Rent
$310/w
02 Jul 2018
  • 18 Feb 2022
    Listed for Sale BY NEGOTIATION
  • 08 May 2018
    Listed for Rent - Price not available
  • 13 Sep 2017
    Listed for Rent $310 / week
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About North Ipswich 4305

The size of North Ipswich is approximately 4.2 square kilometres. It has 11 parks covering nearly 7.7% of total area. The population of North Ipswich in 2011 was 4,586 people. By 2016 the population was 4,489 showing a population decline of 2.1% in the area during that time. The predominant age group in North Ipswich is 0-9 years. Households in North Ipswich are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Ipswich work in a trades occupation. In 2011, 62.9% of the homes in North Ipswich were owner-occupied compared with 62% in 2016.

North Ipswich has 2,155 properties. Over the last 5 years, Houses in North Ipswich have seen a 117.65% increase in median value, while Units have seen a 64.76% increase. As at 31 December 2024:

  • The median value for Houses in North Ipswich is $627,378 while the median value for Units is $382,298.
  • Houses have a median rent of $490 while Units have a median rent of $360.
There are currently 22 properties listed for sale, and 4 properties listed for rent in North ipswich on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in North ipswich.

Suburb Insights for North Ipswich 4305

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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.