SOLD
Sold on 29 Apr 2024 for $678,000

8 Opera Street
Ripley QLD 4306

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 163m2
Land area: 400m2
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Property Details for 8 Opera St, Ripley

8 Opera St, Ripley is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 400m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Ripley in the last 12 months.

Building Type
House
Year Built
2021
Floor Size
163m2
Land Size
400m2
Local Government
Ipswich
Lot/Plan
275/SP311156

Last Listing description (May 2024)

* LOWSET BRICK HOME ON 400M2 BUILT IN 2021
* FOUR BEDROOMS, ALL WITH CEILING FANS BUILT-IN ROBES
* MASTER WITH A/C, WALK-THRU ROBE AND PRIVATE ENSUITE

* MAIN BATHROOM IS TASTEFUL AND MODERN WITH NEARBY LAUNDRY AND TOILET
* CENTRAL LIVING/DINING SPACE IS A GOOD SIZE WITH A/C
* MODERN KITCHEN WITH ELECTRIC APPLIANCE INCLUDING DISHWASHER
* SEPARATE CARPETED LOUNGE ROOM AT THE FRONT OF THE HOME5
* WALK TO RIPLEY CENTRAL STATE SCHOOL, PUBLIC TRANSPORT
* MINUTES FROM CUNNINGHAM & CENTENARY HIGHWAY ACCESS
* SHORT DRIVE TO IPSWICH CBD AND RIPLEY TOWN CENTRE
* CURRENTLY TENANTED UNTIL FEBRUARY 2025
* RENTAL APPRAISAL UP TO $660PW (LETTER AVAILABLE ON REQUEST)
* APPROX 45 MINUTES FROM BRISBANE CBD

This four bedroom home was built in 2021 and is currently leased until February 2025 to some incredibly respectful tenants, and boasts a rental appraisal of $620-$660pw (appraisal letter available on request. 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.

As an investment property, it just makes sense!

The home itself is deceivingly large, boasting a large air-conditioned living/dining space overlooked by a modern kitchen with electric appliances. There is an additional carpeted lounge room at the front of the home which is a great size, providing a separate living space to be enjoyed.

There are four bedrooms in total, all of which are carpeted and come with built-in wardrobes and ceiling fans. The master bedroom also features split system air conditioning and a large walk-thru wardrobe that leads to a private ensuite, while the remaining bedrooms are serviced by a modern main bathroom with the toilet and laundry located handily nearby.

In future, you will see the surrounding area incorporating more retail, dining, health care, commercial and entertainment options, and a state-of-the-art transit centre at the Ripley Town Centre. The Cunningham Highway links to the Ipswich Motorway, the Centenary Highway links to both the Logan and Ipswich Motorways, and the future rail line extension between Ipswich and Springfield, via Ripley, cements Ripley's connection to the state capital of Brisbane.

So, there's plenty of future growth slated for the area as the area is developed - but what about right now? Ripley Town Centre is close by, featuring a Coles along with various speciality stores and health services, and you can reach both Orion Springfield Central and Riverlink Shopping Centre in about 15 minutes by car, putting you nice to call to all of your retail needs. Ripley Central State School is only a few minutes' walk from the home and the Ripley Valley State Secondary College is less than 10 minutes' drive, with endless other schooling options available thanks quick access to Ipswich CBD and Springfield.

Don't hesitate to get in contact for more information on this outstanding property or to secure this opportunity for yourself.

Property History for 8 Opera St, Ripley, QLD 4306

A timeline of how this property has performed in the market
Last Sold
$678,000
29 Apr 2024
Listed for Rent
$420/w
18 Jun 2021
  • 29 Apr 2024
    Sold for $678,000
  • 12 Mar 2024
    Listed for Sale Offers Over $675,000
  • 08 Jun 2021
    Listed for Rent $420 / 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 4,440 properties. Over the last 5 years, Houses in Ripley have seen a 81.90% increase in median value, while Units have seen a 89.81% increase. As at 31 August 2024:

  • The median value for Houses in Ripley is $732,900 while the median value for Units is $696,807.
  • Houses have a median rent of $550 while Units have a median rent of $350.
There are currently 38 properties listed for sale, and 27 properties listed for rent in Ripley on OnTheHouse. According to CoreLogic's data, 414 properties were sold in the past 12 months in Ripley.

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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.