OFF MARKET

55 Michels Street
Ripley QLD 4306

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 104m2
Land area: 1012m2
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Property Details for 55 Michels St, Ripley

55 Michels St, Ripley is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 1012m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in April 1999.

Building Type
House
Year Built
1980
Floor Size
104m2
Land Size
1012m2
Local Government
Ipswich
Lot/Plan
59/RP24410

Last Listing description (November 2024)

Ideally located inside one of South East Queensland's fastest growing corridors is this double story family home offering outstanding value for young families, first home buyers, dual occupancy and astute investors alike.

With a crisp, freshly painted interior, along with the addition of a functional layout which offers great separation of living over two levels, this family home offers you the ability to move in, unpack and enjoy while you decide what further renovations you'd like to add to the property. Yes ... you get to choose your new kitchen and bathroom!

Features of the upper level of this home include-

* Three large bedrooms with built in robes and fans
* Kitchen with electric stove ready to be renovated
* Open plan air-conditioned lounge & dining area with beautiful leafy views
* Original bathroom with separate bathtub and shower ready to be renovated
* Polished hardwood timber floorboards thoughout for ease of living
* Breezy front and back patio to enjoy the tranquil surrounds

The lower level offers an exceptional use of space that could be used as a dual living option with minimal modifications:
* Two large multi-purpose rooms
* Laundry and second toilet
* Perfect space for those working from home without interrupting the family upstairs
* Double lockup car accommodation which could easily be converted into a kitchen/dining room for dual living purposes

The outdoor oasis attached to this large family home offers-
* Fenced flood-free usable 1012m2 yard with side access to the backyard
* 6m x 4.6m powered plus garden shed
* Inground swimming pool ready to be enjoyed in the summer months
* Rain water tank services the pool and backyard

The location offers convenience plus with-
* Approximately 54 minute drive to Brisbane CBD
* 14 minute drive to Ipswich CBD
* 9 minute drive to Ripley Valley State School and Ripley Valley Secondary School
* 11 minute drive to park and ride at Dinmore Railway Station
* Minutes away from Ripley Town Centre and expansive parklands & playgrounds

Rental Appraisal for this property is $630 - $690 per week.

It is situated in the heart of Ripley which, according to the 2022-2023 Planning & Regulatory Annual Report Card (available on request), is by far the fastest growing suburb in the Ipswich region. Ripley more than doubled the numbers of the suburb in the number two spot for both new dwellings and additional population, and there is SIGNIFICANT future development planned for the Ripley Valley Priority Development Area (PDA) located in one of the largest urban growth areas in Australia.

Family homes on generous size blocks of land with the possibility for dual living are always in high demand with limited supply available which makes this property an exceptional investment for the future.

Call today to arrange an inspection of this stunning property which has so much to offer!

Property History for 55 Michels St, Ripley, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$133,000
06 Apr 1999
Listed for Rent
$600/w
30 Mar 2023
  • 20 May 2024
    Listed for Sale Offers Over $699,000
  • 20 Jan 2023
    Listed for Rent $600 / week
  • 03 Dec 2019
    Listed for Rent $430 / week
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About Ripley 4306

The size of Ripley is approximately 12.8 square kilometres. It has 3 parks covering nearly 0.6% of total area. The population of Ripley in 2011 was 1,024 people. By 2016 the population was 1,396 showing a population growth of 36.3% in the area during that time. The predominant age group in Ripley is 20-29 years. Households in Ripley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ripley work in a trades occupation. In 2011, 80.8% of the homes in Ripley were owner-occupied compared with 72.5% in 2016.

Ripley has 4,397 properties. Over the last 5 years, Houses in Ripley have seen a 82.65% increase in median value, while Units have seen a 96.57% increase. As at 31 October 2024:

  • The median value for Houses in Ripley is $743,733 while the median value for Units is $678,320.
  • Houses have a median rent of $573 while Units have a median rent of $500.
There are currently 51 properties listed for sale, and 36 properties listed for rent in Ripley on OnTheHouse. According to CoreLogic's data, 406 properties were sold in the past 12 months in Ripley.

Suburb Insights for Ripley 4306

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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.