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QLD › Woodend › Ellenborough St

U608, 11 Ellenborough St, Woodend QLD 4305

For saleUnit

$550,000–$600,000

For sale

Asking range

2

Bedrooms

2

Bathrooms

1

Car spaces

88 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $550,000–$600,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $550,000–$600,000(Listing record · 28 Apr 2026)
  • CalculationAsk is 43% below the Woodend median recorded sale ($970,000, n=11, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Woodend's advertised median rent ($487/wk), implied gross yield would be 4.60% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$550,000–$600,000

Asking range · $6,250/m² of land

No recorded sale for this property.

Woodend at a glance

1,516

People

$970,000

Median sale

$487/wk

Median rent

2.61%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Woodend report →

Vs Woodend

-43.3%

Median sale

Suburb $970,000

+1.99 pp

Gross yield

Suburb 2.61%

Suburb median $970,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$550,000
Stamp Duty (Queensland)
$17,775
Transfer/Registration Fee
$1,971
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$573,446

$23,446 on top of the price (4.3% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Woodend's advertised median rent — not a rent for this listing.

Net yield
3.10%
Annual cashflow (pre-tax)
$-11,526
Interest cover (DSCR)
0.60
Annual rent
$25,324
Operating expenses
$8,250
Loan amount
$440,000
Annual interest
$28,600
Gross yield
4.60%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$550,000–$600,000available28 Apr 2026

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 $487/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

Gross yield if leased at the suburb aggregate is 4.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Woodend in one glance

Woodend at a glance

1,516

People

$970,000

Median sale

$487/wk

Median rent

2.61%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Woodend report →

Keep researching

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

Listing material

Listed by NGU Real Estate Brassall

Two Income Streams with One Smart Purchase in Central Ipswich Location

608/11 Ellenborough Street offers something genuinely useful: two self-contained studio apartments on a single title sitting inside one of Ipswich CBD's best-known residential complexes. Whether you're looking for multi-generational living, live in one and rent out the other or hold both as investments, the setup here is practical and the location does the heavy lifting.

Each studio is set up for independent living. The kitchens are modern, with solid bench space and plenty of storage. Each apartment has its own bathroom and air conditioning, so there's nothing shared between tenants except the laundry, which is conveniently positioned between the two. The floor plan is sensible and makes good use of the space available.

Unit A is currently tenanted for $400 per week until 2/08/2027 & Unit B is currently tenanted for $380 per week until 26/07/2027

Read the full description

Ipswich City Council Rates: $606 per quarter (subject to change)

Water Charges: $531 per quarter plus consumption (subject to change)

Both apartments look out over the Ipswich CBD giving you a rare view that improves the feel of the space that can't be replicated anywhere else. One car park is included across the two lots, and the building itself brings an abundance of amenities including a 25-metre heated lap pool, spa, sauna, fully equipped gymnasium and a sundeck with BBQ facilities.

The Oaks Aspire sits in the heart of Ipswich's CBD precinct, a short stroll from the redeveloped Nicholas Street Precinct, and within 1km of the Ipswich medical precinct and Riverlink retail centre. Ipswich Central is roughly a minute away, with train and bus access close by and Brisbane reachable in around 50 minutes. Schools in the area include Ipswich Grammar School, St Mary's & St Edmunds colleges, and Blair State School in neighbouring Sadliers Crossing.

Key Features

• Two separate studio apartments on one title

• Modern kitchens with ample bench and cupboard space

• Private bathroom in each studio

• Air conditioning in both apartments

• Shared internal laundry between the two studios

• Scenic views over Ipswich from both units

• One car park included

• Building amenities include 25m heated lap pool, spa, sauna, gym, BBQ facilities

• Secure complex entry

• NBN with Fibre to the Property (FTTP)

• Within catchments for Blair State School & Bremer State High School

Nearby

• Ipswich CBD – 1 minute

• Brisbane CBD – 50 minutes

• Riverlink Shopping Centre – 5 minutes

• Ipswich Hospital – 4 minutes

• RAAF Base Amberley – 18 minutes

• Ipswich Grammar School – 1 minute

• St Mary's & St Edmunds Colleges – 2 minutes

For more information or to arrange a viewing, contact Steve Athanates & Matt Drayton from NGU Real Estate Ipswich.

NGU Real Estate Ipswich - with offices at Brassall, Karalee, Ipswich Central, Booval, Greater Springfield & Brisbane West - we've got Ipswich covered!

Results Speak Louder Than Words

Disclaimer:

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

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Living Areas: 2
  • In-Ground Pool
  • Secure Parking
  • Toilets: 2

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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