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 › Merrell St
$565,000
Last sold
12 Aug 2022
3
Bedrooms
2
Bathrooms
5
Car spaces
916 m²
Land
267 m²
Building
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
$565,000
12 Aug 2022 · derived via latest_sale
Local land rate: recorded House sales in East Ipswich (last 5 years) with land size have a median of $784/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
-24.2%
Median sale
Suburb $745,000
+1.12 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
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
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 NGU Real Estate BrassallIn the world of real estate, location is everything! This stunning and feature packed three bedroom, two bathroom colonial family home is conveniently located less than 10 minutes' walk to the Booval Electric Train Station, Aldi and the Booval Fair Shopping Centre plus medical, food and entertainment venues.
This stunning and fully renovated family home has all the character trademarks you would expect including decorative arches, stunning polished timber floors and 10 foot ceilings.
The best part however is that it has a new roof, it has been re-stumped, re-wired and re-plumbed. The home has all new lighting throughout, the owners have added a stunning new ensuite and custom walk-in robe to the master bedroom accessed via a sliding barn door and it has a gorgeous renovated kitchen that offers every modern convenience including a dual fuel fee standing gas cooktop and a dishwasher.
The home has three extra-large bedrooms including the two bedrooms at the front of the home that both have split system reverse cycle air-conditioning, a fan, security screens and a walk-in robe.
The home has two bathrooms (not one) including a family sized main bathroom with a bath and a stylish new ensuite to the master bedroom.
The large open plan lounge, separate dining room and oversized kitchen all feature gorgeous polished timber floors and 10 foot ceilings and are heated and cooled by both reverse cycle split system air conditioning as well as a wood burning heater.
The home features remote controlled electric gates to the full concrete driveway where you can park up to three (3) cars under the double carport and adjoining single Titan style shed which is fully powered and insulated and which could be utilised as a 'Man Cave', 'She Shed' or teenagers retreat.
There is loads of storage under the home as well as a chook pen, a stylish outdoor entertaining area with heaps of extra space for your dream pool on the fully fenced 916m2 block.
For investors the home has been rent appraised for $550 per week so it is an incredibly strong performing home in an incredibly convenient and sought after location.
Ipswich City Council Rates: $439.00 per quarter
Urban Utilities Water Charges: $232.00 plus consumption
This huge and feature packed family home is only a short drive to services including road and rail transport to Brisbane and Ipswich, Booval Fair Shopping Centre with its own Woolworths and numerous specialty stores as well as the East Ipswich State School, Sacred Heart Private Primary or Ipswich Boys and Girls Grammar Schools, St Edmunds and St Marys Private High School. There is also great proximity to other shops, doctors, dentists, all entertainment and sporting venues.
Most importantly, this incredible and super conveniently located family home has been priced to sell quickly at offers over $549,000.
Miss this one and you will kick yourself!
Listing Agent: Steve Athanates
Call me for an exclusive private viewing. Don't be disappointed – I'm waiting for your call.
NGU Real Estate Ipswich - with Offices at Brassall, Ripley, Karalee, Greater Springfield and Toowoomba – Our Five (5) Great Locations Means We've got Ipswich and its Surrounds Covered!
Results Speak Louder Than Words
Disclaimer:
NGU Real Estate Ipswich 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 Steve Athanates, NGU Real Estate Brassall — reproduced as published, not verified by Districts.