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QLD › One Mile › Edward St

15 Edward St, One Mile QLD 4305

House

$550,000

Last sold

14 Jan 2025

2

Bedrooms

1

Bathrooms

5

Car spaces

1,012 m²

Land

170 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $550,000 (14 Jan 2025).(Recorded sale)
  • CalculationLand 1,012 m² against a 170 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in One Mile (last 5 years) with land size: median $642/m² of land (n=138). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$550,000

14 Jan 2025 · derived via latest_sale

Local land rate: recorded House sales in One Mile (last 5 years) with land size have a median of $642/m² of land (n=138). Districts calculation from recorded sales — not a valuation.

One Mile at a glance

2,167

People

$745,000

Median sale

$503/wk

Median rent

3.51%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full One Mile report →

Vs One Mile

-26.2%

Median sale

Suburb $745,000

+1.25 pp

Gross yield

Suburb 3.51%

Suburb median $745,000 from 27 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$550,00014 Jan 2025
  2. Listedprice unknowncompleted19 Nov 2024
  3. Listedprice unknowncompleted19 Nov 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 $503/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

One Mile in one glance

One Mile at a glance

2,167

People

$745,000

Median sale

$503/wk

Median rent

3.51%

Suburb gross yield

Median sale from 27 recorded sales (last 12 months) — a Districts calculation.

See the full One Mile report →

Keep researching

  • Why One Mile? Read the area thesis →
  • What else is on the market in One Mile →
  • Other records on Edward St →

Listing material

Listed by NGU Real Estate Brassall

ANOTHER ONE SOLD BY COREY ATHANATES - RESULTS SPEAK LOUDER THAN WORDS

Don't miss this rare opportunity to secure a versatile property that caters to first-home buyers, savvy investors, or renovators looking to flip and profit. Sitting on a generous 1,012m² flood-free block, this 1950-built Art Deco home is packed with character, charm, and development potential (subject to Ipswich City Council approval). Whether you're looking to create your dream family home, subdivide for future gain, or landbank, this property ticks all the boxes.

The home greets you with its timeless architectural design and a welcoming front entrance. Inside, you'll find a spacious lounge room with beautiful hardwood timber floors that flow throughout the home, exuding warmth and character. The air-conditioned living area provides year-round comfort and serves as a cozy hub for family relaxation.

At the heart of the home is the modernized dine-in kitchen, updated in the early 2000s. It offers good amount of bench space, and abundance of cabinetry for storage, along with an electric cooktop, oven, and double-door pantry. There's also ample room for a large dining table, making it the perfect gathering spot for family meals and entertaining guests.

Read the full description

The property features two oversized bedrooms, both with potential to add built-in robes. The master bedroom includes a bonus space, ideal for a walk-in robe or dressing room. A versatile study adds flexibility, serving as a home office, children's playroom, or guest room. All the bedrooms are serviced by the centrally located bathroom which features; a single vanity, shower over the bath and built-in cabinetry for linen storage. The extended section of the home includes a large laundry, a separate toilet, and a bonus utility room with direct access to the backyard. This space is perfect for hobbies, a workshop, or an additional home office.

Step outside into the fully fenced backyard, where the possibilities are endless. The property offers rear yard access on both sides, making it ideal for those with multiple vehicles, trailers, or larger equipment. There's a large entertainment area that doubles as a carport, plus two additional carports (6x4m and 8.4x4.2m) designed to accommodate a caravan, motorhome, or boat.

For those needing extra storage or workspace, the property boasts an 8x6m shed with two parking bays, a workshop area, and a 6x4m awning. A water tank adds extra convenience, making this backyard a true standout. The block is also perfectly suited for subdivision, giving you the chance to unlock even more value from this incredible property.

This fantastic home offers buyers so much at an entry level price to either get into the market, or make some serious money. For the savvy investor looking to further increase their portfolio or looking for their first and landbank for the future. We have rent appraised the home at $460-$480 per week.

Located in ever popular One Mile, the home is within easy walking distance of the Immaculate Heart Private Primary School– how convenient is that? The Leichhardt State Primary School is located just down the road along with Leichhardt Community Shopping Centre and Swimming Complex and the Ipswich Country Club. You are less than 3 kilometres from the Ipswich CBD and there is bus transport to get you into the Ipswich CBD and electric Train Station or the Riverlink Shopping Development. It is also within a few short minutes of the new Yamanto Central shopping Development.

Homes with this much potential and at this super affordable price rarely come to the market.

There is no time to waste when it comes to this rare and ready to live in or rent out family home. It is perfect for investors or anyone who just wants to make some money, young couples just getting started, mature couples looking to downsize and have a place to park the caravan and call home and for everyone else in between. You will need to be quick or it will be gone!

Call Corey Athanates to book your inspection today!

Disclaimer:

NGU Real Estate has taken all reasonable steps to ensure that the information 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 inquiries to verify the information contained in this advertisement.

Listing description written by Corey Athanates, NGU Real Estate Brassall — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Secure Parking
  • Shed
  • Toilets: 1
  • Water Tank
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.