56 Downs StreetNorth Ipswich QLD 4305
Property Details for 56 Downs St, North Ipswich
56 Downs St, North Ipswich is a 18 bedroom, 10 bathroom Unit with 7 parking spaces. The property has a land size of 1054m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (September 2023)
You don't come across opportunities like this anymore. An entire unit complex returning approximately 7.5% gross with no body corps. It has-
8 x 2 bedroom units and 2 x 1 bedroom units
Newly freshened up
1054m2 block with two street frontage
Walking distance to Schools, Ipswich City Centre and public transport (bus out the front and train app1roximately 10-15 mins walk away) which ensures great popularity in the rental market
Not a lot more needs to be said about this investment opportunity other than although it is solid and has been recently freshened up, there is still a lot of opportunity to add value. Give us a call to speak about it further on 04222 414 89 for Ryan and 0400 930 470 for Jenni.
Property History for 56 Downs St, North Ipswich, QLD 4305
- 12 Sep 2023Listed for Sale Not Disclosed
- 24 Aug 2023Sold for $1,700,000
- 16 Jul 2021Sold for $950,000
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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 2,144 properties. Over the last 5 years, Houses in North Ipswich have seen a 114.58% increase in median value, while Units have seen a 98.26% increase. As at 31 October 2024:
- The median value for Houses in North Ipswich is $622,680 while the median value for Units is $458,788.
- Houses have a median rent of $480 while Units have a median rent of $360.
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