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QLD › Ipswich › Nicholas St

88 Nicholas St, Ipswich QLD 4305

House

$800,000

Last sold

25 May 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

410 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $800,000 (25 May 2021).(Recorded sale)
  • FactLand 410 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Ipswich (last 5 years) with land size: median $952/m² of land (n=105). 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

$800,000

25 May 2021 · derived via latest_sale

Local land rate: recorded House sales in Ipswich (last 5 years) with land size have a median of $952/m² of land (n=105). 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.

See the full Ipswich report →

Vs Ipswich

-5.9%

Median sale

Suburb $850,000

+0.19 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 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. Sold$800,00025 May 2021
  2. Listedprice unknowncompleted7 May 2021

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 $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.

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

Ipswich in one glance

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.

See the full Ipswich report →

Keep researching

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

Listing material

Listed by Walkers Real Estate Ipswich

MONA LODGE SOLD BY JUNE FRANK $800,000!!

Inner City location on sought after Denmark Hill, " Mona Lodge" is nestled amongst outstanding Victorian homes in one of Ipswich's finest heritage precincts. The unique 1858 property has been restored to offer the classic period features combined with today's modern conveniences. A major restoration including the addition of coloured glass windows enhancing the functional kitchen and a panel of large doors opening through to landscaped private courtyard has provided a light filled space for relaxed living or large gatherings. The original 12 inch wide ceiling boards feature throughout the original front rooms as does the fireplaces and cedar joinery. Access from the formal lounge leads to a large bedroom with walk in robe and large ensuite. Two further bedrooms and office are serviced by the second bathroom and laundry. 2 car accommodation is provided under. So convenient- Walk to CBD, hospital, Rail and inner city restaurants and shops. Exceptional Restoration - Prime Location Proudly taken to market by June Frank

* Original features throughout including Cedar joinery & 12 inch wide ceiling boards

* Beautiful coloured glass windows

Read the full description

* Private rear courtyard

* Open plan well appointed kitchen

* Walk in robe and large ensuite

* Front and side verandahs with wonderful city outlook

* Inner City location

Mona Lodge's History- source National Trust website

https://www.nationaltrust.org.au/monalodge/

At the point where Nicholas Street rises steeply towards Denmark Hill is Mona Lodge, a structure that today would be called a duplex, constructed as an investment by Thomas Brew Lyons, an Ipswich watch and clock maker. An immigrant from the Isle of Man, Lyons purchased the land on which he constructed Mona Lodge for £75 in 1858.

Board and residence for ‘one or two gentlemen’ at Mona Lodge first was advertised in April 1863. One of the early occupants was Thomas Given, a fellow Ipswich watch and clock maker. Given had arrived in the colony of Queensland in 1855, establishing a business in Brisbane Street in the following year. During the 1860s, while living at Mona Lodge, he served as an Ipswich alderman.

The notion of gentlemen only occupants appears to have been relaxed when in 1865 Miss Mary Ann Sargent advertised collegiate classes for day pupils at Mona Lodge. The following year she advertised that she would take in six young ladies as boarders, offering ‘all the comforts of home, combined with the advantages of a sound English Education, French, Music, German, Drawing and Dancing’. Classes commenced at the beginning of 1867 but appear to have concluded after April 1867 when she married Thomas Given. The following year Thomas and Mary Ann Given moved to Toowoomba, leaving Given’s mother Martha to reside at Mona Lodge until her death late in 1872.

Mona Lodge again became a school for young girls when Mrs Mary Darnley Morrison leased the building from Thomas Lyons in 1873. Darnley-Morrison was a widow from Glasgow in Scotland who, with her daughter, arrived in Ipswich in the mid-1860s. At various locations, over the next decade, she had conducted classes in dancing and physical culture for young Ipswich ladies.

In 1885, Thomas Lyons subdivided the allotment, constructing at the corner of Court and Nicholas Streets the two-storey residence known today as The Chestnuts. The astute Mary Darnley Morrison purchased both buildings that same year, moving into The Chestnuts and renting out Mona Lodge until 1901. In that year, Mona Lodge was sold to Charolotte Grace, whose late husband William had been licensee of the Caledonian Hotel in the 1880s. Mona Lodge has had a number of owners since that time.

Unusually, Mona Lodge is situated hard on the alignment of Nicolas Street. An extension on the lower elevation has allowed for the introduction of a carport. An addition to the south-eastern corner also has been introduced. Over the past two years, considerable work has been done by its latest owners to present Mona Lodge in its current form. This includes landscaping and the addition of 13 windows rescued from the demolition of a nearby building to enhance the rear extension which had been added in the 1930s.

Property Code: 1461

Listing description written by June Frank, Walkers Real Estate Ipswich — reproduced as published, not verified by Districts.

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.