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.
$716,000
Last sold
28 Aug 2025
4
Bedrooms
2
Bathrooms
0
Car spaces
964 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
$716,000
28 Aug 2025 · derived via latest_sale
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
-15.8%
Median sale
Suburb $850,000
+0.57 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Place Ipswich• DUAL LIVING SET UP - 2 SELF CONTAINED UNITS
• IN TOTAL - 4 BEDROOMS + 2 BATHROOMS
• BOTH TENANTS ON A FIXED LEASE UNTIL NOVEMBER 2025
• BOTH TENANTS PAYING $245 PER WEEK EACH
• RENTAL APPRAISAL $300-$350 PER WEEK EACH
• PRIME 964M2 BLOCK IN THE HEART OF IPSWICH
60 Thorn Street, Ipswich is situated in one of Ipswich's most convenient and tightly held locations, this dual-living property is a rare find for the astute investor or renovator with vision.
Perched on a generous 964m² block in the heart of the Ipswich, this character-filled property has been converted into two self-contained units and is just a short stroll from both Ipswich and St Andrews Hospitals, schools, parks, public transport, and local shopping hubs. If you're chasing location - this one absolutely delivers.
Each unit is well laid out, offering two spacious bedrooms with a unique twist: the master bedroom features a walk-in robe that can be accessed from the second bedroom - a practical touch that could easily be enhanced with a little creative renovation.
You'll also find a neat and functional central bathroom, internal laundry, a separate living room, and a combined kitchen and dining space in each unit.
Enclosed front balconies offer a great spot for relaxing or enjoying the morning sun, while one unit enjoys private side yard access - a fantastic bonus for tenants or future occupants.
Now, let's talk openly - this property is not freshly renovated. It's honest and it's solid, but it's certainly due for some attention. The layout provides a great canvas, and with some thoughtful updates, there's huge potential to modernise, add value, and significantly boost returns. Whether it's cosmetic refreshes or larger scale renovations, the opportunity to reimagine these units into something special is clear.
Both units are currently tenanted on fixed-term leases until November 2025, with tenants paying $245 per week each - offering an immediate combined rental income of $490 per week. The long-term tenancy provides peace of mind for investors while you plan your future improvements.
Based on current market conditions and demand for centrally located properties, a current rental appraisal suggests each unit could achieve between $300 to $350 per week. That's a potential total return of up to $700 per week, making this not only a location play but also a smart income-generating asset with room for real growth.
Opportunities like this - in a location so close to key infrastructure and amenities - are incredibly hard to come by. Whether you're looking to land bank or renovate and hold, this property ticks all the boxes when it comes to location, layout, and potential.
Inspections are available by appointment only, and we'd love to show you through. Reach out today to Glenn Ball or Lisa Jensen from First National Action Realty Ipswich for more information or to secure your viewing.
Please note: All personal items have been removed from marketing photos to respect tenant privacy.
DISCLAIMER: First National Action Realty 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. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Glenn Ball, Place Ipswich — reproduced as published, not verified by Districts.