SOLD
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Sold on 05 Aug 2024 for $525,000

12 Olive Street
Raceview QLD 4305

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 612m2
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Property Details for 12 Olive St, Raceview

12 Olive St, Raceview is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 612m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Raceview in the last 12 months.

Building Type
House
Land Size
612m2
Local Government
Ipswich
Lot/Plan
42/RP126827

Last Listing description (August 2024)

The price of Olives has skyrocketed recently and is still climbing and no doubt this Olive will as well once she is packaged up and ready for market...cause at the moment she is definitely ripe for the picking! This is the perfect place to test your Dad and see if his building skills are really as good as they once were, call upon your tradie mates to band together and whip this solid double storey home into shape, or just take all that you have learned from You Tube and watching the reno shows on 9 Life and put it to good use!

This elevated position and flood free Double Storey home is found on a no thru traffic street and upon a 612m2 piece of Raceview awesomeness offering dual side access into the rear yard for all you folks with plenty of toys with wheels that need to park somewhere.

Upper Level:

External front stairs arrive at a good sized sunroom/study space/kids play area and is also the perfect position for you to see all that goes on within the surrounding neighbourhood if you are one of those types. This area also opens into the large air conditioned lounge room that adjoins the roomy kitchen and separate dining space. A covered rear deck leads out from the dining space so you can easily bring the outdoors in...or the indoors out.

The hallway leads to the 3 good sized bedrooms (1 with built in robes), as well as the updated bathroom with built in linen cupboard and separate updated loo with recently re-tiled floor. My favorite attribute is the internal stairs that allows for access between both levels to be both convenient and practical.

Lower Level:

The Separate laundry space is located at the base of the internal stairs which is perfect if you are house sharing etc so folks on both levels can meet in the middle and do the laundry duties without encroaching on each other's space unless they are on the hunt for the mysterious missing sock. A hobby room/home office with built in storage cupboard as well as a large rumpus room and 2nd updated bathroom and loo are found on this level. The rumpus room exits out into a covered BBQ area or handy extra covered parking area for the toys. A longer than standard sized double garage completes this package and all she needs is you in some long sleeves so you can roll up the sleeves and get stuck into building your equity by saving the dollars and doing the sweat equity to make this place the perfect home, flip project or reno and rent out option! This property is a far better option than more expensive flooded properties on the market where you have to pay a crazy amount of annual insurance on as well as stress every time the Cloud Juice hits the ground.

Shopping centres, schools, parklands, bus stops etc are all close by as is the Ipswich Uni, medical precinct and CBD!


Block size: 612m2
Bedrooms: 3 plus 2 study/home office options
Bathrooms: 2
Formal lounge: 1
Family room: 1
Car accommodation: 2 longer than standard garages plus potential covered rear parking spot
Outdoor entertainment: Covered rear deck + BBQ hut
Fenced yard: Mostly fenced yard
Air conditioning: Lounge room
Roof Type: Roof tiled
Insulation: Roof insulation
Tenants: Nope
Amenities: Shopping centres, schools, parklands, bus stops etc are all close by as is the Ipswich Uni, medical precinct and CBD!
Flood Free? - Heck Yes. It's on a hill

Property History for 12 Olive St, Raceview, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$525,000
05 Aug 2024
Listed for Rent
$340/w
10 Jan 2015
  • 22 Jul 2024
    Sold for $525,000
  • 01 Jul 2024
    Listed for Sale Done Deal by Tank Lee!
  • 10 Jan 2015
    Listed for Rent $340 / week
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About Raceview 4305

The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.

Raceview has 4,449 properties. Over the last 5 years, Houses in Raceview have seen a 94.57% increase in median value, while Units have seen a 83.56% increase. As at 31 August 2024:

  • The median value for Houses in Raceview is $659,172 while the median value for Units is $380,623.
  • Houses have a median rent of $520 while Units have a median rent of $460.
There are currently 28 properties listed for sale, and 11 properties listed for rent in Raceview on OnTheHouse. According to CoreLogic's data, 226 properties were sold in the past 12 months in Raceview.

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Tank Lee
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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.