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.
QLD › North Ipswich › Pelican St
$475,000
For sale
Asking
$278,500
Last sold
21 Feb 2025
0
Bedrooms
0
Bathrooms
0
Car spaces
809 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
$475,000
Asking · $587/m² of land
Last recorded sale $278,500 (21 Feb 2025).
Local land rate: recorded Land sales in North Ipswich (last 5 years) with land size have a median of $415/m² of land (n=5). 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.
Vs North Ipswich
-39.5%
Median sale
Suburb $785,000
+2.27 pp
Gross yield
Suburb 3.47%
Suburb median $785,000 from 71 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$20,395 on top of the price (4.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with North Ipswich's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Gross yield if leased at the suburb aggregate is 5.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by NGU Real Estate RipleyOpportunities to secure a substantial, fully registered parcel of land in such a convenient and established location are becoming increasingly difficult to find, making 12 Pelican Street, North Ipswich an exciting proposition for buyers looking to build, invest or secure their next project.
Positioned on an expansive 809m² allotment with an impressive 20.1m frontage and 40.3m depth, this property offers the scale, dimensions and flexibility that modern buyers are increasingly searching for. With no easements noted on the property, the block presents an excellent canvas for those looking to bring a considered building or development vision to life.
Best of all, the hard work has already begun, with Development Approval in place and proposed property plans available to interested buyers. This provides a fantastic starting point for those looking to move forward with greater confidence and a clearer vision of what can be achieved.
The generous dimensions provide an excellent canvas for creating a home tailored to your lifestyle, with plenty of room to consider a thoughtful floorplan, outdoor entertaining and landscaped surrounds. For those with a larger vision, the existing approval and proposed plans may also provide an exciting opportunity to explore the property's development potential, subject to the relevant approvals and conditions.
Property Details:
• 809m² fully registered allotment
• Approx. 20.1m frontage
• Approx. 20.1m rear boundary
• Approx. 40.3m depth
• No easements noted on the property
• Development Approval in place
• Proposed property plans available upon request
• Ready for the next stage of your building or development journey
Location is another major advantage, placing you within easy reach of the amenities and infrastructure that make North Ipswich such a convenient place to call home.
Riverlink Shopping Centre is just moments away, providing supermarkets, retail, dining, entertainment and everyday conveniences, while Ipswich CBD is also within easy reach for an even broader range of services, cafes, restaurants and professional facilities.
Families will appreciate the proximity to respected educational facilities, including Ipswich Grammar School, while Ipswich Hospital is also conveniently accessible. East Ipswich Train Station provides an additional transport option, connecting you with the wider Ipswich region and Brisbane.
For those who enjoy an active lifestyle, North Ipswich Reserve and the surrounding sporting and recreational facilities provide plenty of opportunities to get outdoors, while local parks and green spaces are scattered throughout the surrounding area.
With its generous proportions, excellent dimensions, fully registered status, no easements noted, and the added benefit of Development Approval and proposed plans, 12 Pelican Street represents an increasingly rare opportunity to secure a substantial parcel of land while taking advantage of the convenience of an established and well-connected location.
The opportunity is here. The plans are ready. Now it's time to build the future you've been waiting for.
Listing Agents: Andrew Debattista & Charles Kimmorley
NGU Ripley & Surrounds
Results Speak Louder Than Words
Disclaimer:
NGU Real Estate | The Kimmorley Group 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. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Andrew Debattista, NGU Real Estate Ripley — reproduced as published, not verified by Districts.