5-7 Wharf StreetIpswich QLD 4305
Property Details for 5-7 Wharf St, Ipswich
Last Listing description (March 2024)
Leased to The State Government of QLD - Department of Justice
Substantially refurbished
Will likely be sold below replacement value
Secure undercover parking with rear access
Estimated net income $375,000 pa
Fixed 3% rental increases
This property is being sold by public auction auction.
A detailed information package / Due Diligence (DD) folder is available upon request.
Prospective buyers will be required to provide their full name and mobile number to gain access to the DD folder.
Property History for 5-7 Wharf St, Ipswich, QLD 4305
- 17 Nov 2023Listed for Sale For Sale - $4.3 million
- 11 Oct 2019Sold for $4,250,000
- 10 Apr 2015Sold for $3,200,000
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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 1,773 properties. Over the last 5 years, Houses in Ipswich have seen a 132.79% increase in median value, while Units have seen a 132.07% increase. As at 31 January 2026:
- The median value for Houses in Ipswich is $865,916 while the median value for Units is $536,741.
- Houses have a median rent of $550 while Units have a median rent of $360.
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