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QLD › East Ipswich › Gibbon St

26 Gibbon St, East Ipswich QLD 4305

For saleHouse

$27,092,026

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

648 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $27,092,026 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $27,092,026(Listing record · 26 Aug 2026)
  • CalculationLand 648 m² against a 90 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in East Ipswich (last 5 years) with land size: median $781/m² of land (n=155). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 3537% above the East Ipswich median recorded sale ($745,000, n=34, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at East Ipswich's advertised median rent ($503/wk), implied gross yield would be 0.10% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$27,092,026

Asking · $41,809/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in East Ipswich (last 5 years) with land size have a median of $781/m² of land (n=155). 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.

See the full East Ipswich report →

Vs East Ipswich

+3536.5%

Median sale

Suburb $745,000

-3.41 pp

Gross yield

Suburb 3.51%

Suburb median $745,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$27,092,026
Stamp Duty (Queensland)
$1,538,316
Transfer/Registration Fee
$125,588
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
$28,759,630

$1,667,604 on top of the price (6.2% 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 East Ipswich's advertised median rent — not a rent for this listing.

Net yield
-1.40%
Annual cashflow (pre-tax)
$-1,789,010
Interest cover (DSCR)
-0.27
Annual rent
$26,156
Operating expenses
$406,380
Loan amount
$21,673,621
Annual interest
$1,408,785
Gross yield
0.10%

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$27,092,026available26 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 $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.

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 0.1%. 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

East Ipswich in one glance

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.

See the full East Ipswich report →

Keep researching

  • Why East Ipswich? Read the area thesis →
  • What else is on the market in East Ipswich →
  • Other records on Gibbon St →

Listing material

Listed by Campbell Estate Agents

Classic Queenslander with Dual Occupancy Potential*

Offered to the market for the first time in decades, 26 Gibbon Street is a classic Queenslander just minutes from everything Ipswich has to offer. The home sits set forward along Gibbon Street, leaving a large, unconstrained rear yard accessible via Kendall Street.

Under the Ipswich City Plan 2025, a lot of this size provides scope for a Secondary Dwelling (up to 90m2 GFA) or a Dual Occupancy (up to 120m2 GFA). It offers an ideal footprint for dual-income investors or multi-generational living*.

A full Building & Pest inspection report and other key documentation are available on request.

Read the full description

Property Features

• Character Queenslander Footprint: Traditional highset timber build requiring attention. A blank canvas to restore, renovate, and add capital value.

• Living & Dining: Central living/dining area with a simple, open-plan flow.

• Kitchen: Practical U-shaped kitchen with freestanding stove and a view over the backyard.

• Bedrooms: Two bedrooms, one with built-ins, plus two sleepouts for additional flexibility.

• Bathroom & Amenities: Combined main bathroom, plus a second toilet, laundry room/workshop, and multi-purpose storage under the house.

• 648m2 Dual-Street Corner Block: Home set towards the front boundary to maximise usable backyard space.

• Secondary Dwelling / Dual Occupancy Scope*: Direct Kendall Street frontage provides clean access for a separate rear build. Ipswich City Plan 2025 permits up to 90m2 for a Secondary Dwelling or 120m2 for a Dual Occupancy, subject to character design alignment.

• Vehicle Access & Parking: Dedicated access off Kendall Street with space for boats, caravans, or trailers, plus a single carport.

Location & Connectivity

• Public Transport: 250m walk to East Ipswich Train Station for direct rail access to Ipswich CBD and Brisbane.

• Education: Zoned for Ipswich East State School (Prep-Yr 6) and Bremer State High School (Yr 7-12). Prestigious local Grammar and Catholic schools are minutes away.

• Shopping & Services: Minutes to local shopping precincts, Riverlink Shopping Centre, Ipswich Hospital, and Top of Town.

• Road Links: Easy connection to the Warrego Highway and Ipswich Motorway.

26 Gibbon Street ticks every box for a high-yield project. It delivers unbeatable proximity to amenities, dual-street frontage, and clear potential for capital growth or dual-income return*.

*Subject to Council Approval

Listing description written by Lewis Campbell, Campbell Estate Agents — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

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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.