OFF MARKET

4/240 Ipswich Road
Woolloongabba QLD 4102

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 46m2
Land area: 61m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 4/240 Ipswich Rd, Woolloongabba

4/240 Ipswich Rd, Woolloongabba is a 1 bedroom, 1 bathroom Unit and was built in 1992. The property has a land size of 61m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1992
Floor Size
46m2
Land Size
61m2
Local Government
Brisbane
Lot/Plan
4/BUP12282

Last Listing description (April 2024)

Nestled in the heart of Woolloongabba at 4/240 Ipswich Rd lies a remarkable investment opportunity waiting to be seized. Situated directly opposite the PA hospital, this apartment offers unparalleled convenience for hospital visits, making it an ideal choice for medical professionals, patients, and visitors alike.

This serviced studio apartment boasts a fully equipped kitchen, complete with a gas oven. Each apartment is designed with individual laundry facilities, ensuring utmost convenience for residents. For added peace of mind, the property features secure undercover parking.

With apartments in the complex renting out for a competitive $140 per night, this is a lucrative opportunity for investors looking to capitalize on short-term rentals. Located in the heart of Woolloongabba, this property boasts easy access to local amenities, transport links, and the bustling city life.

Dive into the thriving short-term rental market with this premium property. Whether you're an investor looking for a high-yield asset or simply seeking a central and convenient place to stay during hospital visits, 4/240 Ipswich Rd offers it all.

Don't miss out on this golden opportunity! Contact us today to book a viewing.

Property History for 4/240 Ipswich Rd, Woolloongabba, QLD 4102

A timeline of how this property has performed in the market
Last Sold
$205,000
12 Nov 2023
  • 12 Nov 2023
    Sold for $205,000
  • 29 Sep 2023
    Listed for Sale Not Disclosed
  • 17 Aug 2016
    Listed for Sale Auction
Sign in to see more transactions

Commute Calculator

About Woolloongabba 4102

The size of Woolloongabba is approximately 2.5 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Woolloongabba in 2011 was 4,788 people. By 2016 the population was 5,640 showing a population growth of 17.8% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation. In 2011, 37.9% of the homes in Woolloongabba were owner-occupied compared with 31.7% in 2016.

Woolloongabba has 5,407 properties. Over the last 5 years, Houses in Woolloongabba have seen a 70.47% increase in median value, while Units have seen a 71.73% increase. As at 31 October 2024:

  • The median value for Houses in Woolloongabba is $1,319,325 while the median value for Units is $697,799.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 26 properties listed for rent in Woolloongabba on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Woolloongabba.

Suburb Insights for Woolloongabba 4102

Market Insights
Woolloongabba Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Woolloongabba Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.