24 Valma Street, Raceview, QLD 4305 | House for sale | OnTheHouse
FOR SALE
Offers Over $989,000

24 Valma Street
Raceview QLD 4305

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 210m2
Land area: 413m2
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Dual Income Opportunity in the Heart of Raceview

Positioned in a peaceful street within one of Raceview's most sought-after pockets, 24 Valma Street presents an outstanding opportunity to secure a well-maintained duplex offering immediate rental income and long-term investment potential.
Set on a low-maintenance 413m² allotment, this quality low-set brick property comprises two well-presented residences, both currently tenanted, making it an ideal addition to any investment portfolio. Whether you're looking to expand your portfolio or secure a set-and-forget investment in a high-demand location, this property delivers the perfect combination of quality, convenience and reliable returns.
Designed for comfortable everyday living, both residences have been thoughtfully maintained and feature practical, light-filled layouts. The tiled living and dining areas provide a modern, low-maintenance finish, while air conditioning ensures year-round comfort. Each bedroom is complete with built-in wardrobes, offering excellent storage and functionality for tenants.
In total, the property offers five generous bedrooms, three well-appointed bathrooms and accommodation for two vehicles, providing broad tenant appeal for families, couples and professionals alike.
Raceview continues to be one of Ipswich's strongest-performing suburbs, renowned for its family-friendly atmosphere, excellent schools, shopping centres, parks and convenient access to major transport links. Situated in a quiet, established street, this property enjoys the benefits of peaceful living while remaining only minutes from all essential amenities.
Investment opportunities of this calibre are becoming increasingly difficult to find. With both dwellings already tenanted, low-maintenance construction, and a location that continues to experience strong rental demand, 24 Valma Street represents an exceptional opportunity to secure a quality income-producing asset in a thriving community.
Property Features:
• 5 bedrooms | 3 bathrooms | 2 car spaces
• 210sqqm under roof on a 413sqm block
• Quality low-set brick duplex
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Property Details for 24 Valma St, Raceview

24 Valma St, Raceview is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 413m2 and floor size of 210m2. The place is currently for sale with Ray White Ipswich .

Building Type
House
Floor Size
210m2
Land Size
413m2
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About Raceview 4305

The size of Raceview is approximately 5.9 square kilometres. There are 23 parks, covering nearly 11.7% of the total area. The population of Raceview in 2016 was 9721 people. By 2021 the population was 9699 showing a population decline of 0.2% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Raceview work in a community and personal service occupation.In 2021, 57.00% of the homes in Raceview were owner-occupied compared with 53.00% in 2016.

Raceview has 4,525 properties. Over the last 5 years, Houses in Raceview have seen a 135.04% increase in median value, while Units have seen a 175.58% increase. As at 30 June 2026:

  • The median value for Houses in Raceview is $898,417 while the median value for Units is $584,168.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 43 properties listed for sale, and 14 properties listed for rent in Raceview on OnTheHouse. According to Cotality's data, 225 properties were sold in the past 12 months in Raceview.

Suburb Insights for Raceview 4305

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Chevy Sukkar
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Alix Smith
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Ray White Ipswich
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.