Lot 506/11 Ellenborough St, Woodend is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 60m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
This iconic building sits proudly in the heart of the Ipswich CBD with all the amenities you would expect from a world class development. Situated on the 5th floor with views over the Ipswich CBD it currently returns an enviable $1386 per month in guaranteed rental income.
Located within walking distance to: Ipswich Train Station, Bus, Riverlink and Ipswich CBD Shopping Centres, Cafes' and Restaurants this apartment will appeal to the savvy investor looking to break into the Ipswich market. With unprecedented growth in the Western Corridor there has never been a better time to invest in the Ipswich market.
Features:
The size of Woodend is approximately 1.3 square kilometres. It has 5 parks covering nearly 16% of total area. The population of Woodend in 2011 was 1,535 people. By 2016 the population was 1,289 showing a population decline of 16.0% in the area during that time. The predominant age group in Woodend is 40-49 years. Households in Woodend are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woodend work in a professional occupation. In 2011, 63% of the homes in Woodend were owner-occupied compared with 65.2% in 2016.
Woodend has 710 properties. Over the last 5 years, Houses in Woodend have seen a 92.62% increase in median value, while Units have seen a 35.60% increase. As at 31 October 2024:
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