1/6 Thorn Lane, Ipswich, QLD 4305 | Property Value & History | OnTheHouse
OFF MARKET

1/6 Thorn Lane
Ipswich QLD 4305

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 604m2
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Property Details for 1/6 Thorn Lane, Ipswich

1/6 Thorn Lane, Ipswich is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 604m2.

Building Type
Unit
Land Size
604m2
Local Government
Ipswich

Last Listing description (May 2024)

450m to Ipswich General Hospital.
550m to St Andrews Private Hospital.
Zoned Character Residential.

Flat, flood free 604m2 block.
Circa 1950.

Unit 1 - fixed lease agreement 03/05/2023 - 02/05/2024, paying $240.00 per week.
Unit 2 - periodic lease agreement (60 days' notice required for vacate), paying $260 per week.
Combined income of $500.00 per week.
Current land valuation $300,000.
Ipswich city council rates are approx. $1,005.35 per quarter.
One water meter. Two gas meters. Two power meters.
Lot 7 RP66929

PLEASE REQUEST YOUR INFORMATION MEMORANDUM

The current state of the property will benefit from a renovation. Please speak to the agent for further information.

Option ONE: Position land bank, as is where is

Option TWO: Value add.
Conduct improvements for two targeted demographics - Upgrade the two existing units for medical staff tenants - OR - Convert the existing dwelling into one residential home.

Auction:
In-room at First National Action Realty Ipswich
48 Warwick Road Ipswich
Saturday 13/04/2024 at 10.30am

Property Access - Open for Inspection:
Wednesday 27th March 4.30pm to 5.00pm
Wednesday 3rd April 4.30pm to 5.00pm
Wednesday 10th April 4.30pm to 5.00pm
Saturday 13th April 9.30am to 10.00am

Why Ipswich?
Ipswich is the epicentre of residential growth, and the fastest growing city in Queensland!
This growth urgently requires properties. This is where you come in.
The city of Ipswich's diverse economy and growing population offer unparalleled opportunities. A current population base of 233,302 - with a projection to more than double over the next two decades.

2023 to 2027 in a snap shot

People -
11,500 new jobs for Ipswich (manufacturing, health care, construction)
2031 projection for number of residents 410,630
2041 projection for number of residents 557,649

Prosperity -
$6.5 billion in gross regional product

Location
Ipswich General hospital - 2 min / 450m
St. Andrews private hospital - 2 min / 550m
Nicholas street precinct - 5 min / 1.8km
Cunningham highway - 11 min / 6.5km
Centenary highway - 12 min / 7.5km
Warrego highway - 12 min / 7.5km

School drive times:
Ipswich Central State School - 2 min / 800m
USQ - 2min / 1.2km
Ipswich Girls' Grammar School - 3 min / 1.5km
Bremer State High School - 5 min / 2.3km
St Edmund's & St Mary's Colleges - 6 min / 2.6km
Ipswich Grammar School - 6 min / 3km

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.

Property History for 1/6 Thorn Lane, Ipswich, QLD 4305

A timeline of how this property has performed in the market
Listed for Rent
$220/w
12 Sep 2019
  • 22 Mar 2024
    Listed for Sale AUCTION
  • 28 Jun 2019
    Listed for Rent $220 / week
  • 07 Sep 2018
    Listed for Rent - Price not available
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About Ipswich 4305

The size of Ipswich is approximately 4.2 square kilometres. It has 11 parks covering nearly 34.1% of total area. The population of Ipswich in 2016 was 2459 people. By 2021 the population was 2468 showing a population growth of 0.4% in the area during that time. The predominant age group in Ipswich is 50-59 years. Households in Ipswich are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ipswich work in a professional occupation.In 2021, 41.70% of the homes in Ipswich were owner-occupied compared with 41.30% in 2016.

Ipswich has 1,772 properties. Over the last 5 years, Houses in Ipswich have seen a 116.32% increase in median value, while Units have seen a 136.08% increase. As at 30 November 2025:

  • The median value for Houses in Ipswich is $812,665 while the median value for Units is $526,360.
  • Houses have a median rent of $550 while Units have a median rent of $363.
There are currently 18 properties listed for sale, and 17 properties listed for rent in Ipswich on OnTheHouse. According to Cotality's data, 80 properties were sold in the past 12 months in Ipswich.

Suburb Insights for Ipswich 4305

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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.