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QLD › North Ipswich › Musgrave St

1 Musgrave St, North Ipswich QLD 4305

House

$600,000

Last sold

4 Mar 2024

2

Bedrooms

1

Bathrooms

2

Car spaces

559 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $600,000 (4 Mar 2024).(Recorded sale)
  • FactLand 559 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in North Ipswich (last 5 years) with land size: median $976/m² of land (n=176). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$600,000

4 Mar 2024 · derived via latest_sale

Local land rate: recorded House sales in North Ipswich (last 5 years) with land size have a median of $976/m² of land (n=176). Districts calculation from recorded sales — not a valuation.

North Ipswich at a glance

4,824

People

$785,000

Median sale

$524/wk

Median rent

3.47%

Suburb gross yield

Median sale from 71 recorded sales (last 12 months) — a Districts calculation.

See the full North Ipswich report →

Vs North Ipswich

-23.6%

Median sale

Suburb $785,000

+1.07 pp

Gross yield

Suburb 3.47%

Suburb median $785,000 from 71 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data unavailable for this jurisdiction (no_adapter:QLD)

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1
  • Parcel: 1342735

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Sold$600,0004 Mar 2024
  2. Listedprice unknowncompleted29 Feb 2024
  3. Listedprice unknowncompleted29 Feb 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Zoning is not available (no_adapter). A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (no_adapter). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $524/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Zoning is not available (no_adapter).

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (no_adapter). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

North Ipswich in one glance

North Ipswich at a glance

4,824

People

$785,000

Median sale

$524/wk

Median rent

3.47%

Suburb gross yield

Median sale from 71 recorded sales (last 12 months) — a Districts calculation.

See the full North Ipswich report →

Keep researching

  • Why North Ipswich? Read the area thesis →
  • What else is on the market in North Ipswich →
  • Other records on Musgrave St →

Listing material

Listed by Walkers Real Estate Ipswich

SOLD BY JUNE FRANK

What a cutie, and full of surprises!!

Positioned in an elevated spot in the popular suburb of North Ipswich this thoughtfully restored cottage is ready and waiting for a new owner.

Entry to the home is via a lovely front verandah and offers a great space to relax and enjoy the views of the surrounding area.

Read the full description

As you enter the home, the two generous sized bedrooms are accessed on either side of the hall. The built-in robes have mirrored doors with full length overhead storage and have a great drawer system built in under the window. Both bedrooms have ceiling fans and good quality window blinds.

The living room was once a third bedroom and could easily be converted back to its original state if needed but works beautifully as a living/lounge room. The separate dining area is perfect for entertaining and being close to the living room allows for relaxed gatherings.

The kitchen has been tastefully renovated with ample storage space and a charming timber bench top with plenty of preparation space.

The bathroom has also been renovated and features a large linen cupboard with a separate toilet. There is an internal laundry that is functional and compact and well situated close to the bathroom area.

A raised timber deck, ideal for entertaining is located outside off the kitchen.

The home is freshly painted throughout and features 5” polished hoop-pine flooring in the bedrooms and living space with new flooring to the kitchen and bathroom area.

Features include:

· 2 large bedrooms

· Ceiling fans in all rooms

· Freshly painted

· Security doors

· Fully fenced

· Double carport

· Internal laundry

· Well appointed kitchen with ample storage space

· Beautiful front verandah

· Two street access

· Garden shed

There is plenty of space to park your caravan, boat or build a shed with the added bonus of rear street access.

This is an ideal property for anyone looking to get into the market or as an investment.

For full information and to arrange an inspection of this property, please call June Frank on 0423 426 942.

Property Code: 1720

Listing description written by June Frank, Walkers Real Estate Ipswich — reproduced as published, not verified by Districts.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.