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 › Tongue St
$600,000
Last sold
27 Sept 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
759 m²
Land
224 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
$600,000
27 Sept 2022 · 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
-19.5%
Median sale
Suburb $745,000
+0.85 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 Crowne Real EstateThis is an incredible opportunity to purchase this fantastic 90-year-old character home, that is waiting for you and your family to live in one of Ipswichs' most covetable locations.
This beautiful period home is positioned in a quiet street with homes of similar calibre and is conveniently located off the main road. Therefore, it is not prone to traffic noise but still boasts the same locale and proximity to prestige public and private schools, the University as well as the Ipswich CBD, shops, electric train and sporting/recreation facilities.
The property has been meticulously maintained by the current owners and is as neat as a pin. The potential for this property is huge! You could steal inspiration from the neighbours who have lifted their homes and enclosed underneath to double the homes square meterage. By doing this you could convert the home from a three-bedroom, two bathroom to a four or maybe a five-bedroom home with multiple bathrooms and living spaces and still have room to build a shed/carport for car accommodation, pool or granny flat (all subject to council approvals).
If renovation is not your cup of tea, then there's no need to stress. The current owners have already done all the hard work for you. The home has a new roof, painted internally and externally, stumps have been replaced, plumbing and electricals have been upgraded, floor boards polished, both bathrooms have been renovated as well as the kitchen, fences have been surveyed to the boundary lines and every girls dream, a white picket fence out the front. With all these great renovations that have been done the house has not lost any of its character and charm, it still has its beautiful ceiling roses complimented by the 14ft high ceilings, timber floors, timber archways, coloured glass windows, French doors, stove recess with terrazzo floor, VJ walls and period lights.
The renovated kitchen is sure to blow you away! It features stone benchtops, plenty of cupboard space below and overhead (all soft closing), island bench that doubles as a breakfast bar, stainless steel dish washer, stainless steel freestanding electric oven with gas cooktop (mains gas) located in the old stove recess with overhead mantle, good sized fridge space and pantry.
Just off the kitchen is the air-conditioned lounge and dining rooms which are both of great size and like the rest of the home are full of character and charm.
All three bedrooms are generously sized and open on to the front sleepout/sunroom which has its own study area and a toilet. The bedrooms are also service by the upstairs bathroom which has been tastefully renovated to suit the period of the home. The main bathroom features, white subway tiles with period feature tiles, Victorian mosaic floor tiles, linen cupboard, shower over the bath, single vanity with timber cabinetry as well as overhead timber cabinetry surrounding the mirror.
Heading downstairs you will find that not only do you have a remote controlled tandem double car garage, but you also have a fully concreted and lockable storage space that doubles as a huge entertainment area perfect for gatherings with friends and family. The laundry is also located downstairs with plenty of space for the biggest of washing machines and dryers but you also have the large concrete double tub wash basin. Just outside the downstairs storage/entertainment area is the second bathroom which has been set up like that of a medical grade bathroom. It is an open wet area with a shower toilet and single basin. It is perfectly set up for people with disabilities or the elderly as there is plenty of room for a shower seat and it has a hand-held shower head.
As mentioned earlier the fully fenced and manicured 759sqm block has plenty of room for kids and pets to run and play and never be out of sight knowing that they are safe and secure. There is enough room to build the biggest shed for your prized car boat or caravan, room for a pool or space for a granny flat for older family members or adult children, all subject to council approvals.
This charming 1932-character home is located in ever popular East Ipswich and is a quick walk to East Ipswich Train Station, medical facilities, sporting, Ipswich Girls Grammar School and the East Ipswich State Primary School as well as public transport. This home is suitable for family's wanting a safe, secure and super convenient location to live or a renovator looking to buy and build-in underneath the home, increasing its living area and market value.
Homes of this calibre where you can move in, unpack and enjoy the home without needing to do anything but have the potential and ability to renovate underneath the home and make some serious money rarely come to the market.
Most importantly, there is one more compelling reason to buy this spectacular family home - it has been priced to sell quickly at Offers Over $599,000.
Call to book an inspection today!
Listing agent – Corey Athanates
Listing description written by Corey Athanates, Crowne Real Estate — reproduced as published, not verified by Districts.
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