Leichhardt at a glance
4,791
People
$766,000
Median sale
$503/wk
Median rent
3.41%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
QLD › Leichhardt › Marginson St
$713,000
Last sold
16 Oct 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
708 m²
Land
152 m²
Building
Districts View
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
$713,000
16 Oct 2025 · derived via latest_sale
Local land rate: recorded House sales in Leichhardt (last 5 years) with land size have a median of $974/m² of land (n=178). Districts calculation from recorded sales — not a valuation.
Leichhardt at a glance
4,791
People
$766,000
Median sale
$503/wk
Median rent
3.41%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Vs Leichhardt
-6.9%
Median sale
Suburb $766,000
+0.26 pp
Gross yield
Suburb 3.41%
Suburb median $766,000 from 57 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
Leichhardt at a glance
4,791
People
$766,000
Median sale
$503/wk
Median rent
3.41%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by NGU Real Estate BrassallWelcome to 23 Marginson Street, Leichhardt – a well presented and tidy property set on a generous 708m² allotment, offering plenty of space both inside and out.
Inside, you'll find three good sized bedrooms. two include built-in wardrobes, while the third comes with a freestanding wardrobe, providing great storage flexibility. The main bedroom is also fitted with air conditioning, ensuring year-round comfort. The bathroom and toilet are separate for convenience, with the bathroom featuring a modern vanity and shower-over-bath combination.
The home boasts a large open-plan living and dining area, designed with gorgeous windows that capture an abundance of natural light and create a warm, inviting feel. Flowing off this space is a small deck, perfect for morning coffee or a quiet spot to unwind. The kitchen is generously sized and functional, complete with ample cupboard and bench space, an oven with rangehood, and direct access outside.
Downstairs, the property offers a spacious laundry with a double sink and plenty of room for additional storage or even a workshop setup. Multiple access points downstairs add convenience, while the flat yard is partially fenced and ideal for children, pets, or future landscaping.
Car accommodation includes a secure space under the house along with a freestanding carport, providing room for two vehicles. Other extras include a linen and broom cupboard at the entry, partial fly screens, and excellent storage options throughout.
With its practical layout, spacious block, and light-filled interiors, this home is an excellent opportunity for first-home buyers, families, or investors looking to secure a quality property in a sought-after pocket of Leichhardt.
For investors, this property has an updated rental appraisal of $480 - $500 per week.
Ipswich City Council Rates: $606 per quarter (subject to change)
Water Charges: $223 per quarter plus consumption (subject to change)
Leichhardt is a well established suburb of Ipswich, located just 3 kilometres west of the Ipswich CBD and around 45 minutes from Brisbane. The area is known for its relaxed suburban lifestyle, with a mix of post-war character homes, affordable brick lowsets and some newer builds, making it a popular choice for both first-home buyers and investors.
Many of the streets are wide and leafy, creating a quiet community feel that appeals to families and long-term residents. The suburb offers a range of everyday conveniences with small local shops and takeaway outlets, while Riverlink Shopping Centre and Ipswich CBD are only a short drive away. For recreation, Leichhardt residents have access to the Leichhardt Swim Centre, local parks and sporting fields, and the Ipswich Golf Club just minutes away. Families are well catered for with Leichhardt State School within the suburb, and Bremer State High School and several private schools only a short distance away. Public transport is easily accessible with Wulkuraka and Ipswich train stations nearby, providing a direct route into Brisbane, as well as regular local bus services.
From a property perspective, Leichhardt remains one of the more affordable suburbs in Ipswich, which has ensured consistent demand from investors seeking solid rental yields and buyers wanting value for money. This balance of affordability, lifestyle and convenience continues to make Leichhardt an attractive option in the Ipswich property market.
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 Steve Athanates, NGU Real Estate Brassall — reproduced as published, not verified by Districts.