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.
QLD › Ipswich › Moffatt St
$760,000
Last sold
20 May 2022
9
Bedrooms
2
Bathrooms
7
Car spaces
541 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
$760,000
20 May 2022 · derived via latest_sale
Local land rate: recorded House sales in Ipswich (last 5 years) with land size have a median of $949/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
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.
Vs Ipswich
-10.6%
Median sale
Suburb $850,000
+0.36 pp
Gross yield
Suburb 3.05%
Suburb median $850,000 from 29 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 $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.
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
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.
Listing material
Listed by LJ Hooker Ipswich | FernvaleFully Leased to a NDIS Provider: Cash Flow Gold Mine
20a Moffatt Street is fully tenanted on a 2 year lease. The property is located only a few minutes walk to the University of Southern Qld, Bremer State High School, Central State Primary School, Ipswich Hospital, St Andrews Private Hospital, Queens Park and the Ipswich CBD plus a wide range of employment and shopping precincts.
The potential of this property has so much upside. The property was previously an 9 room boarding house. The approvals and all relevant requirements for a boarding house are still in place. Not only do you have this advantage the seller has provided a town planning report showing there is the possibility to extend the building and create more rooms/accommodation (STCA).
The lease is in place for the next 2 years with the first year returning $57,200 and the second year of the lease increases to a huge $62,400 per year. Outgoings on the property are approx. $10,000.
Features:
. The key benefits of owning this property include:
. 1st year Gross annual income of $57,200
. 2nd year gross annual income of $62,400
. Forecast annual net income over the 2 years is a huge 6.23%
. Plus the property fully approved to operate as a 9 boarding house
along with an approved management plan
. Potential to improve income performance via a DA (STCA) to
create more units/extension of existing building
. Next door to a medical centre and pathology
. Close to Ipswich CBD, University Campus, hospital, shopping centres
High & primary schools Walking distance to public transport (train and bus)
. Professionally managed on a secure 2 year lease
. Strong potential for future redevelopment on this near CBD location
. NBN connected - all internet services
. Please contact Darren Boettcher to arrange an inspection.
*Approximate Gross return
Listing description written by Darren Boettcher, LJ Hooker Ipswich | Fernvale — reproduced as published, not verified by Districts.