SOLD
Sold on 13 Aug 2024 for $571,000

19 Gibbs Street
Riverview QLD 4303

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 622m2
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Property Details for 19 Gibbs St, Riverview

19 Gibbs St, Riverview is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1964. The property has a land size of 622m2 and floor size of 97m2. 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 Riverview in the last 12 months.

Building Type
House
Year Built
1964
Floor Size
97m2
Land Size
622m2
Local Government
Ipswich
Lot/Plan
31/RP132527

Last Listing description (September 2024)

*** PLEASE VIEW OUR 3D TOUR OF THE PROPERTY AVAILABLE ON ALL INTERNET PORTALS - ADDITIONAL VIDEO WALKTHROUGH AVAILABLE ON REQUEST! ***

* COMPLETELY FLOOD FREE HOME ON GENEROUS 622M2 BLOCK
* AIR CONDITIONED LOUNGE/DINING SPACE UPON ENTRY FROM FRONT DECK

* SPACIOUS KITCHEN WITH ABUNDANCE OF STORAGE SPACE
* FULLY FUNCTIONAL BATHROOM IS RIPE FOR RENOVATION
* THREE GENEROUSLY SIZED BEDROOMS, MASTER WITH PRIVATE BALCONY
* SINGLE CARPORT WITH DRIVE-THRU VEHICLE ACCESS TO REAR YARD
* VERY HANDY TO LOCAL AMENITIES, SCHOOLS, PUBLIC TRANSPORT, PARKS
* HIGHWAY ACCESS NEARBY, ~15 MINS TO IPSWICH CBD, ~35 MINS TO BRISBANE CBD
* SUITABLE FOR BOTH OWNER OCCUPIERS AND INVESTORS
* CURRENTLY TENANTED FOR $470PW UNTIL FEB 2025 (APPRAISAL $470-$510PW)

Set on a generous 622m2 block which has NEVER been affected by flooding in a well-established neighbourhood, this fantastic home represents great value for owner occupiers and investors alike.

Upon entry you are greeted by the large living/dining room which is air conditioned to keep you in climate-controlled comfort, and sits adjacent to the spacious kitchen. There's no shortage of storage space in here and, although everything is perfectly functional as-is, there's obviously outstanding potential here and throughout the home to add substantial value through renovation!

All three bedrooms are a great size, and the master bedroom even had access to a private balcony off of the rear of the home which has a great view of the rear yard. The bathroom that services the home is mostly original and again is ripe for renovation and is a space where substantial value could be added.

The whole block is fully fenced with gates at the front and the front and back yards separated by fencing across the side of the home. Vehicle access through to the rear yard is a breeze courtesy of gates at the back of the single carport, making any substantial future improvements out here (maybe a shed and/or a pool!) a LOT easier to tackle!

This is all located a short distance from a LONG list of local amenities, with not one but two schools within walking distance. Ipswich Motorway is easily accessible getting you to the CBDs of Ipswich and Brisbane in as little as 15 and 35 minutes by car, respectively - or you can ditch the keys and catch the train from the nearby Riverview train station, just a short stroll away!

The property is currently tenanted until February 2025 for $470pw (the appraisal range at renewal is $470-$510pw - formal letter available on request) and the current owner has made a point of saying what a wonderful tenant he has been, which is great news for any prospective investors out there. For those looking to move in, note that the property is certainly still available for purchase in a way that first home/owner occupier concessions could still apply.

Don't miss out on your opportunity to call this fantastic property your own. Contact us today for more information or to register your interest!

Property History for 19 Gibbs St, Riverview, QLD 4303

A timeline of how this property has performed in the market
Last Sold
$571,000
13 Aug 2024
  • 13 Aug 2024
    Sold for $571,000
  • 05 Aug 2024
    Listed for Sale Offers Over $499,000
  • 28 Jun 2023
    Sold for $446,000
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About Riverview 4303

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 1,269 properties. Over the last 5 years, Houses in Riverview have seen a 134.50% increase in median value, while Units have seen a 121.03% increase. As at 30 November 2024:

  • The median value for Houses in Riverview is $568,632 while the median value for Units is $420,870.
  • Houses have a median rent of $480.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Riverview on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Riverview.

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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.