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QLD › Ipswich › Thorn St

114 Thorn St, Ipswich QLD 4305

Block of Units

$875,000

Last sold

2 Sept 2024

5

Bedrooms

4

Bathrooms

4

Car spaces

1,153 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 $875,000 (2 Sept 2024).(Recorded sale)
  • FactLand 1,153 m²; no building size recorded.(Property record)

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$875,000

2 Sept 2024 · derived via latest_sale

Ipswich at a glance

2,571

People

$850,000

Median sale

$499/wk

Median rent

3.05%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Ipswich report →

Vs Ipswich

+2.9%

Median sale

Suburb $850,000

-0.08 pp

Gross yield

Suburb 3.05%

Suburb median $850,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

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

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$875,0002 Sept 2024
  2. Listedprice unknowncompleted9 Aug 2024
  3. Listedprice unknowncompleted9 Aug 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?

Planning layers have not been retrieved for this property yet. 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 (pending). 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 $499/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

    Planning layers have not been retrieved for this property yet.

  • 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 (pending). 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

    Development applications have not been queried 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

Ipswich in one glance

Ipswich at a glance

2,571

People

$850,000

Median sale

$499/wk

Median rent

3.05%

Suburb gross yield

Median sale from 29 recorded sales (last 12 months) — a Districts calculation.

See the full Ipswich report →

Keep researching

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

Listing material

Listed by Place Ipswich

Character-Filled Flats on 2 Lots, close to University!

114 Thorn Street, Ipswich provides your investment utility, with 1,153m2 of Character Housing Mixed Density on 2 lots, with 4 independent leases in place returning $1,250 per week, congratulations.

Our location is future proofed, approx. 700m distance to the University of Southern Queensland Campus, approx. 1.3km to the Ipswich General Hospital and approx. 2km to the Ipswich CBD, your flood free investment will stand strong for years to come with the projected population growth predicted for our expanding city!

Your Property:

Read the full description

Unit 1 - 1 Bedroom 1 Bathroom 1 Carport with Tenancy in place until the 3rd April 2025 returning $300 per week.

Unit 2 - 1 Bedroom 1 Bathroom 1 Carport with Tenancy in place until 8th March 2025 returning $250 per week.

Unit 3- 1 Bedroom 1 Bathroom 1 Carport with Tenancy in place until 16th January 2025 returning $400 per week.

Unit 4 - 2 Bedroom 1 Bathroom 1 Carport with Tenancy in place until 7th March 2025 returning $300 per week.

Rates charge approx. $1,817.65 per quarter.

Water Charge approx. $1,094.02 per quarter.

Your Land 1,153m2 in total.

Zoning - Character Housing Mixed Density Ipswich City Council.

https://www.ipswichplanning.com.au/__data/assets/pdf_file/0019/1954/ips_part_4_div_07_char_areas_housing_zone.pdf

Presenting with 2 lots, 809m2 with existing dwelling & 344m2 vacant rear lot.

Flood & Mining Free.

https://maps.ipswich.qld.gov.au/weave/planscheme.html

Your Location:

• USQ Ipswich Campus- Approx. 700m

• Ipswich CBD- Approx. 2km

• Ipswich General Hospital- 1.3km

• Limestone Park- Approx. 750m

• Queens Park- Approx. 2km

• Ipswich Central Train Station- Approx. 2.4km

• Ipswich Central State School (Prep to Grade 6)- Approx. 1.7km

• Bremer State High School (Grade 7 to Grade 12)- Approx. 1.8km

Ipswich is the epicentre of residential growth, and the fastest growing City in Queensland!

This growth urgently requires properties.

The City of Ipswich's diverse economy and growing population offer unparalleled opportunities. A current population base of 251,148 - with a projection to more than double over the next two decades.

2023 TO 2027 IN A SNAP SHOT

PEOPLE -

11,500 new jobs for Ipswich (Manufacturing, Health Care, Construction)

2031 projection for number of residents 410,630

2041 projection for number of residents 557,649

PROSPERITY -

$6.5 billion in gross regional product.

OUR GROWING REGION -

Spanning an area of 1,090km2, Ipswich enjoys a prime location in South East Queensland, located between the Gold Coast to the south, Toowoomba to the west, Brisbane to the east, and the Sunshine Coast to the north. It is an area experiencing significant growth. It is the fastest-growing city in Queensland and one of the top 10 nationwide. With its population of over 251,000 and projected to more than double in the next two decades. In many ways, Ipswich Central is the nexus of the region's centres. The combination of entertainment, cultural venues and industry, anchors the network of centre's surrounding Ipswich Central.

Ipswich is rich in cultural history. It is home to varying sectors including health care, defence, manufacturing, education, retail and construction. All these industries provide an array of employment opportunities, with over 12,000 local businesses and over 93,000 local jobs. The City of Ipswich's Gross Regional Product is estimated at $13.73 billion, which represents 2.95% of the state's GSP (Gross State Product).

Welcome to Ipswich A proud past, an exciting present and a strong future.

DISCLAIMER: First National Action Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Helene Shephard, Place Ipswich — reproduced as published, not verified by Districts.

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.