Silkstone at a glance
4,032
People
$860,000
Median sale
$503/wk
Median rent
3.04%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
$620,000
Last sold
28 Oct 2024
2
Bedrooms
1
Bathrooms
2
Car spaces
1,012 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
$620,000
28 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Silkstone (last 5 years) with land size have a median of $1,003/m² of land (n=154). Districts calculation from recorded sales — not a valuation.
Silkstone at a glance
4,032
People
$860,000
Median sale
$503/wk
Median rent
3.04%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Silkstone
-27.9%
Median sale
Suburb $860,000
+1.18 pp
Gross yield
Suburb 3.04%
Suburb median $860,000 from 43 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
Silkstone at a glance
4,032
People
$860,000
Median sale
$503/wk
Median rent
3.04%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Ipswich2 TITLES WITH NO SUB-DIVISION NECESSARY
Property details at a glance:
- 1012m² block with 2 titles (Lot 87 & 88 on RP24315)
- Current rental income of $330/per week (Till February 2025)
- Rental appraisal $360 - $400/per week
- Incredible development potential
- Prime location near schools, shops, and transport
This well-maintained, tenanted two-bedroom home sits on an expansive 1012m2 block in the highly desirable suburb of Silkstone. What makes this property truly unique is that it is spread across two separate lots (Lot 87 & Lot 88, each 506m2 on RP24315), offering a rare and exciting investment opportunity for savvy buyers.
Whether you're looking for a family home with extra space or a development opportunity, the choice is yours. The large, level yard provides plenty of room for kids and pets to play, with covered parking for two cars and ample space for a caravan, boat, or even your dream shed or pool. Alternatively, you might choose to build a second home on the extra lot for extended family or additional rental income.
Built in 1960, the home opens up even more possibilities. Subject to Ipswich City Council approval, you could remove the existing house and build two brand-new homes, one on each already-titled block.
For investors, the current two-bedroom home is rented for $330 per week until February 2025 allowing you to generate income from day one while planning how to make the most of the dual titles. Live in one, rent or sell the other-the potential for profit is right in your backyard.
This charming home is situated in a prime location within walking distance of schools, shops, and public transport. You're just a short drive from Booval Fair Shopping Centre, Silkstone State School, and a host of private schooling options. The property also offers easy access to road and rail links to Brisbane and Ipswich.
Nearby Locations:
• 3 minute drive to Silkstone Shopping Village*
• 1 minute drive to Booval Fair Shopping Centre*
• 2 minute drive to Ipswich Turf Club*
• 5 minute drive to Bundamba State School & Secondary College*
• 3 minute drive to Silkstone State School
Whether you want to renovate, build, or develop, this rare opportunity won't last long. Properties with two titles are becoming increasingly scarce in Ipswich, so act fast to secure this unique investment.
Listing description written by Jordan Harrison, Ray White Ipswich — reproduced as published, not verified by Districts.