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QLD › East Ipswich › Spring St

5 Spring St, East Ipswich QLD 4305

House

$513,000

Last sold

1 June 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

450 m²

Land

283 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $513,000 (1 June 2023).(Recorded sale)
  • CalculationRecorded House sales in East Ipswich (last 5 years) with land size: median $780/m² of land (n=154). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

What this lot has actually traded at

Last sold

$513,000

1 June 2023 · 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.

See the full East Ipswich report →

Vs East Ipswich

-31.1%

Median sale

Suburb $745,000

+1.59 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 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. Listedprice unknowncompleted19 June 2023
  2. Sold$513,0001 June 2023

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

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

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 Spring St →

Listing material

Listed by NGU Real Estate Ripley

ANOTHER ONE SOLD BY STEVE ATHANATES - RESULTS SPEAK LOUDER THAN WORDS

Nestled in the heart of East Ipswich, you'll find this charming character home located at 5 Spring Street. This property boasts a spacious layout with 3 bedrooms, 2 bathrooms, and a backyard that provides ample space for both kids and pets to play.

Upon entering the home, you'll immediately notice the high ceilings that create a grand and airy feel. The living areas are exceptionally spacious, providing plenty of room to entertain friends and family. The hardwood timber flooring in the living spaces and bedrooms adds a warm and inviting feel to the home, making it a comfortable place to relax and unwind.

The kitchen is also spacious and features ample bench space and storage, making meal prep a breeze. The kitchen is tiled for easy cleaning and provides a sleek, modern look to the space. The bathrooms are also tiled, giving them a clean and fresh feel.

Read the full description

The master bedroom is a true retreat, complete with a built-in robe and ensuite, creating a private oasis within the home. The remaining bedrooms also feature built-in robes, providing ample storage for all your belongings.

Outside, the backyard offers plenty of space for kids and pets to play, creating a peaceful and private oasis in the heart of the city. The backyard is perfect for those who love to entertain, with ample space to host barbecues or outdoor gatherings.

For all investors, this property is currently vacant but has been rental appraised at $480 per week.

Further items of note:

• Modern kitchen and bathrooms with tiled floors

• Spacious living areas

• Rear deck

• Heigh ceilings throughout

• Electric oven & cooktop with Westinghouse rangehood

• Decorative VJ panelling throughout

• Decorative stained glass in kitchen

• Glass louvres for maximum airflow

Nearby Locations:

• 5 minutes from Ipswich's CBD

• 40 minutes from Brisbane's CBD

• 3 minutes from Booval Fair (Woolworths, AusPost, Bakery, Subway, ATM etc.)

• 3 minutes from East Ipswich Train Station

• 1 minute from nearby bus stop

• 2 minutes from Cameron Park & Newtown Park

Ipswich City Council Rates: $382 per quarter (subject to change)

Water Charges: $220 per quarter plus consumption (subject to change)

Overall, this charming character home offers spacious living areas, a functional and modern kitchen, and a peaceful backyard, making it the perfect place for families or anyone looking for a comfortable and welcoming place to call home.

Listing Agent: Steve Athanates

Don't be disappointed, call me now - I'm waiting for your call.

NGU Real Estate Ipswich - with Offices at Brassall, Ripley, Karalee, Greater Springfield & Toowoomba – We've got Ipswich covered!

Disclaimer:

NGU Real Estate Ipswich 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 Ripley — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Reverse Cycle Aircon
  • Secure Parking
  • Toilets: 2
Districts

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.