OFF MARKET

25 Armani Ave
Wulkuraka QLD 4305

Bedrooms: 4
Bathrooms: 2
Car spaces: -
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Property Details for 25 Armani Ave, Wulkuraka

25 Armani Ave, Wulkuraka is a 4 bedroom, 2 bathroom House.

Building Type
House
Local Government
Ipswich

Last Listing description (December 2021)

Ipswich's Ultimate Residential Subdivision Opportunity

The offering provided a rare opportunity to acquire an infill development site in one of the most active development corridors in the Ipswich region.

Real Property Description Lot 251 on RP 223633

Local Council - Ipswich City Council
Site Area 5.478 hectares
Zoning REC- Recreation & RL02 - Residential Low Density (Sub Area 2)

Site Description
Irregular shaped lot with 108.3m* frontage to Gregory Street and 148m* frontage to Armani Street. The site borders the Bremer River to the rear of the site. Approximately half of the site is cleared.

The property is located within the suburb Wulkuraka, approximately 3km* north west of central Ipswich and 32.5km* south west of the Brisbane CBD. The property is 1km* north of the Wulkuraka Train Station, 1.3km* from the Brassall Shopping Centre and 2.8km* from the Ipswich Hospital. Neighbouring properties include existing residential detached dwellings and rural residential lots.

Expected Yield
Initial concept layout allows for 35 standard size and rural sized lots, ranging in size from 476-1,918m.

For more information please contact exclusive marketing agent Mike Podmore at Wilson Realty. 0404 498968

*Subject to statutory approvals / All areas approximate

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Property History for 25 Armani Ave, Wulkuraka, QLD 4305

A timeline of how this property has performed in the market
  • 01 Jan 2021
    Listed for Sale Prime Development Land

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About Wulkuraka 4305

The size of Wulkuraka is approximately 3.6 square kilometres. It has 8 parks covering nearly 11.8% of total area. The population of Wulkuraka in 2011 was 854 people. By 2016 the population was 1,223 showing a population growth of 43.2% in the area during that time. The predominant age group in Wulkuraka is 0-9 years. Households in Wulkuraka are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wulkuraka work in a trades occupation. In 2011, 50.7% of the homes in Wulkuraka were owner-occupied compared with 43.9% in 2016.

Wulkuraka has 621 properties. Over the last 5 years, Houses in Wulkuraka have seen a 107.70% increase in median value, while Units have seen a 88.14% increase. As at 30 November 2024:

  • The median value for Houses in Wulkuraka is $646,290 while the median value for Units is $578,888.
  • Houses have a median rent of $495 while Units have a median rent of $480.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Wulkuraka on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Wulkuraka.

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