East Ipswich at a glance
2,483
People
$745,000
Median sale
$503/wk
Median rent
3.51%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
QLD › East Ipswich › Spring St
$500,000
Last sold
25 Sept 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
607 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
Last sold
$500,000
25 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in East Ipswich (last 5 years) with land size have a median of $780/m² of land (n=154). Districts calculation from recorded sales — not a valuation.
East Ipswich at a glance
2,483
People
$745,000
Median sale
$503/wk
Median rent
3.51%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs East Ipswich
-32.9%
Median sale
Suburb $745,000
+1.72 pp
Gross yield
Suburb 3.51%
Suburb median $745,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 $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.
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.
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
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
UnknownArea
East Ipswich at a glance
2,483
People
$745,000
Median sale
$503/wk
Median rent
3.51%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HousequestBlock size: 607m2
Bedrooms: 4
Bathrooms: 2
Formal lounge: 1
Family room: 1
Car accommodation: 2
Outdoor entertainment: Covered front deck & concrete patio
Fenced yard: Mostly fenced rear yard
Roof Type: Iron. New Roof guttering
Insulation: Roof insulation
Tenants: Ground floor rented at $320 a week until 04 Sep 2024. Upper level rented at $445 a week until 22 May 2024. Rent includes water, electricity and lawn mowing. Water and Electricity are not individually metered.
Amenities: Walk to train station, bus stop. Close to CBD, schools, Booval Fair shopping centre etc.
Flood Free? - Water over land in 1974 but nothing ever since
Plenty has been refreshed, replaced or renovated at this property that is found tucked away within a sleepy cul de sac street in a very handy location. Walk just a few minutes to the upgraded East Ipswich train station and comfortably whiz your way into the Brisvegas big smoke or even in the opposite direction to the bustling Ipswich station and beyond! Wander to the bus stop and be close to both the CBD, schools and Booval Fair Shopping Precinct from this top spot.
This dual occupancy set up has great tenants within and both are on long leases. The upper level tenants have 3 bedrooms with ceiling fans, a modern bathroom, stylish kitchen with adjoining dining space and a lounge room that opens out onto the covered front deck. Front and rear external stairs access this upper level and a separate laundry is found at the base of the rear external stairs. These tenants are paying $445 a week and are on lease until 22 May 2024.
The lower level consists of an open plan design that incorporates the lounge/bedroom/dining all within one large space. The kitchen also has a laundry area and the separate bathroom and loo complete the layout of this level. These tenants are paying $320 a week and are on lease until 04 Sept 2024.
The mostly fenced rear yard also has a sun patio concreted slab.
Each tenant has 1 carpark beneath the high clearance drive thru double carport and their rent amount includes water and electricity supply as they are not separately metered, as well as lawnmowing that costs approx $100 month.
File pics utilised to respect tenants privacy.
Listing description written by Tank Lee, Housequest — reproduced as published, not verified by Districts.
Nearby 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.