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 › Waghorn St
$1,150,000
Last sold
23 Mar 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
645 m²
Land
308 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
$1,150,000
23 Mar 2026 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+35.3%
Median sale
Suburb $850,000
-0.79 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 STRUD PropertyBuyers contract on the property has crashed due to subject to sale. A very good opportunity to secure an amazing home, with unbelievable views. Was very popular and will be again, so don't hesitate - Talk to us to book in your inspection. Owners are motivated to sell.
Positioned high on Denmark Hill, 48 Waghorn Street is a residence that immediately stands apart. Known as Denmark Cottage, this circa 1905 home enjoys a prized north-facing aspect and uninterrupted views that stretch across Ipswich and toward the Brisbane skyline, delivering a sense of elevation, space and prestige that is rarely found.
The home's exterior hints at its history, while inside, character features are paired with considerable improvements that enhance liveability without compromising charm. Tall ceilings, timber flooring and abundant natural light create a welcoming and relaxed environment that feels both refined and timeless.
The upper level has been designed to maximise outlook and lifestyle. An open living, kitchen and dining zone captures the views from multiple angles, supported by quality appliances, stone benchtops and ample storage. The main bedroom is privately positioned away from the living areas and features a walk-in robe, while additional bedroom is well proportioned and both are serviced by a beautifully appointed bathroom complete with a clawfoot bath perfect for unwinding at the end of the day.
On the lower level, the home offers further flexibility with an additional living area and kitchenette, along with two more rooms fitted with built-in robes and a separate bathroom. This level functions perfectly for guests, extended family or independent living, offering separation without sacrificing comfort.
The decks wrap the home across multiple levels, creating exceptional outdoor spaces that take full advantage of the elevated position. Whether entertaining, relaxing or simply enjoying the outlook, these areas reinforce the home's strong connection to its surroundings.
Adding significant value, the property benefits from approved plans that allow for a substantial future transformation. The option exists with an approved DA to expand into a five-bedroom, three-and-a-half-bathroom home with a resort-style pool, providing a clear and confident pathway for buyers looking to capitalise on the site's position and views.
Location:
Ipswich Hospital – Approx 1 minutes
Ipswich Boys Grammar School – Approx 3 minutes
St Andrew's Ipswich Private Hospital – Approx 4 minutes
St Edmund's College – Approx 4 minutes
St Mary's College – Approx 4 minutes
Nicholas Street Precinct – Approx 5 minutes
Riverlink Shopping Centre – Approx 9 minutes
Brisbane CBD – Approx 47 minutes
Homes offering this combination of history, adaptability and future potential are rarely available in such a tightly held location. Denmark Cottage is equally appealing as a character-filled residence to enjoy now or as the foundation for a truly remarkable long-term vision in one of Ipswich's most prestigious settings.
Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained 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 enquiries to verify the information contained in this advertisement.
Listing description written by Ben O'Brien, STRUD Property — reproduced as published, not verified by Districts.