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QLD › Ipswich › Milford St

2 Milford St, Ipswich QLD 4305

For saleHouse for Sale

$800,000

For sale

Asking

3

Bedrooms

1

Bathrooms

0

Car spaces

539 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $800,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $800,000(Listing record · 12 Aug 2026)
  • FactLand 539 m²; no building size recorded.(Property record)
  • CalculationAsk is 6% below the Ipswich median recorded sale ($850,000, n=29, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Ipswich's advertised median rent ($499/wk), implied gross yield would be 3.24% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$800,000

Asking · $1,484/m² of land

No recorded sale for this property.

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

-5.9%

Median sale

Suburb $850,000

+0.19 pp

Gross yield

Suburb 3.05%

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

Total cost to purchase

Purchase Price
$800,000
Stamp Duty (Queensland)
$29,025
Transfer/Registration Fee
$3,135
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$835,860

$35,860 on top of the price (4.5% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Ipswich's advertised median rent — not a rent for this listing.

Net yield
1.74%
Annual cashflow (pre-tax)
$-27,652
Interest cover (DSCR)
0.34
Annual rent
$25,948
Operating expenses
$12,000
Loan amount
$640,000
Annual interest
$41,600
Gross yield
3.24%

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.

Open the full yield calculator →

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. Listed$800,000available12 Aug 2026

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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

Gross yield if leased at the suburb aggregate is 3.2%. 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

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 Milford St →

Listing material

Listed by RealWay Property Consultants Ipswich

WHITE PICKET FENCE DREAM - INNER CITY STYLE

Inspect and experience the charm, warmth and outlook of this lovely Ipswich home for yourself. A home with filled with genuine character, a beautifully updated bathroom and a wonderful inner-city position — 2 Milford Street offers a rare opportunity to secure a home where the charm of yesterday meets the comforts of today with further potential for tomorrow.

LOCATION:

Walk to Ipswich CBD, Shops & Medical

Read the full description

Walk to Nicholas St Restaurant Precinct & Cafes

Walk to Ipswich Hospital & St Andrew's Hospital

Walk to Queens Park

Walk to Ipswich Girls Grammar School

Walk to Bus & Rail Transport

Just Mins* to Private & Public Schools

7 mins* to Riverlink Shopping Centre

12 mins* to Warrego Hwy & Cunningham Hwy Access

*Approximate drive time

KEY FEATURES:

Zoned: High Density Residential – please refer to Ipswich City Council for further information

- Sought-after inner Ipswich position

- Three generous bedrooms

- Versatile front office/study/multipurpose room

- Brand-new stunning bathroom

- Retaining many beautifully preserved original features

- Original windows with period hardware

- Ornate cornicing, feature leadlight front door

- Spacious lounge with air conditioning

- Kitchen with eat-in dining area, pantry and air conditioning

- Timber floorboards throughout

- Fully fenced yard, secure colorbond fencing

- Rear yard access

- Rear entertaining area with city views

- Beautiful evening sunset outlook

- For the Investor- Rent Appraised at $600 - $630 per week

Stepping inside this charming post-war home, you'll immediately appreciate the character, warmth and sense of history that has been so lovingly retained. Beautiful original details blend effortlessly with modern conveniences, creating a home that offers both timeless appeal and comfortable contemporary living.

From the original windows and period hardware to the ornate cornicing and feature leadlight glass in the front door, there are so many delightful details to discover.

At the heart of the home are three generous bedrooms, complemented by a versatile front room that could be utilised as a home office, study, reading room or additional living space.

The brand-new bathroom is a standout feature, beautifully finished in an earthy colour palette, complemented by stylish copper fittings, accent lighting and a luxurious rainwater shower head.

The central kitchen provides plenty of practicality with an adjoining eat-in dining area, pantry and air conditioning, while the comfortable lounge room also features air conditioning.

Beautiful timber floorboards flow throughout the home, accompanied by a thoughtful blend of original light fittings along with new additions. The laundry room also has plenty of room to incorporate some storage as well.

Outside, the home continues to impress. The classic white picket fence creates a welcoming street presence, while the fully fenced yard with colorbond fencing and rear yard access provide excellent practicality. Storage is provided in the garden shed, and new gutters and a new hot water system have also been installed to the home.

One of the real pleasures of this property is the rear entertaining area, where you can sit back and enjoy lovely evening sunsets, elevated city views and the changing outlook across Ipswich.

INNER-CITY LIFESTYLE

Embrace the ease of inner-city living, with the best of Ipswich right on your doorstep. Enjoy a leisurely stroll to local restaurants, cafés and the vibrant Nicholas Street Precinct. Families will appreciate the proximity to the beautiful Queens Park, Ipswich Girls' Grammar School and a host of other nearby schools. With shops, Coles, hospitals and medical all conveniently close by, it's a location that makes everyday living wonderfully easy — whether you're heading out for your morning coffee, enjoying dinner locally or simply taking a walk through the park.

Some homes simply have a feeling about them — and 2 Milford Street is one of them.

Disclaimer:

Realway Property Consultants 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, accuracies, omissions, or misstatements contained. Prospective Buyers are encouraged to make their own enquiries to verify the relevant information contained in this advertisement and obtain professional advice if necessary.

Realway Property Consultants Ipswich – Real Service Real Results

Listing description written by Valerie Fall, RealWay Property Consultants Ipswich — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Floorboards
  • Fully Fenced
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.