50/85 Thornton Street, Raceview, QLD 4305 | Townhouse for sale | OnTheHouse
 
FOR SALE
$745,000.00

50/85 Thornton Street
Raceview QLD 4305

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 157m2
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Investor or Future Owner Occupier Opportunity – Modern 4 Bedroom Townhouse

Positioned within the highly sought-after Palm Views Estate, this spacious and modern townhouse offers an outstanding opportunity for both investors and future owner-occupiers.
Built in 2022 and offering a generous 145m² floorplan, this well-appointed residence combines contemporary design, low-maintenance living and excellent long-term growth potential.
Vacant Possession Available July 2026
The property is currently tenanted; however, the tenant has provided notice and will be vacating on 20 July 2026 under a Defence Force relocation clause.
This creates a rare opportunity for purchasers to either:
✔ Move straight in and enjoy the property as their own home.
✔ Re-let the property at current market rates and benefit from the strong rental demand currently being experienced throughout the Ipswich region.
Current rental evidence suggests a potential rental return of approximately $600 – $650 per week.
Property Features
4 Generous Bedrooms
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Property Details for 50/85 Thornton St, Raceview

50/85 Thornton St, Raceview is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a floor size of 157m2. The place is currently for sale with Onsite Property.

Building Type
Townhouse
Floor Size
157m2
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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 4,524 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 42 properties listed for sale, and 13 properties listed for rent in Raceview on OnTheHouse. According to Cotality's data, 226 properties were sold in the past 12 months in Raceview.

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Adam Rizzo
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