11/7 Ipswich St, Riverview is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 152m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
This townhouse presents a great opportunity for anyone looking at getting into the investor market. Located in an elevated position within a well kept complex, this one is sure to tick the boxes. It consists of 2 bedrooms, bathroom and study space on the upper level, and kitchen, living, dining, and single lock up garage on the lower level.
The current tenant is long term, and would like to stay on as long as possible if bought by an investor. The complex is located close to public transport, schools, highways and is only a 5 minute drive to Redbank Plaza or Booval Fair.
Accommodation:
The size of Riverview is approximately 7.8 square kilometres. It has 9 parks covering nearly 1.5% of total area. The population of Riverview in 2011 was 3,243 people. By 2016 the population was 3,060 showing a population decline of 5.6% in the area during that time. The predominant age group in Riverview is 0-9 years. Households in Riverview are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Riverview work in a labourer occupation. In 2011, 42.5% of the homes in Riverview were owner-occupied compared with 43.4% in 2016.
Riverview has 1,267 properties. Over the last 5 years, Houses in Riverview have seen a 116.11% increase in median value, while Units have seen a 83.70% increase. As at 31 August 2024:
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