5 South StreetIpswich QLD 4305
Property Details for 5 South St, Ipswich
5 South St, Ipswich is a 7 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 607m2 and floor size of 607m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 7 bedroom BlockOfUnits sold in Ipswich in the last 12 months.
Last Listing description (June 2025)
Here's a rare opportunity that's all about flexibility, location, and serious future upside. Whether you're looking to live in, invest, or explore commercial possibilities (subject to council approval, of course), this unique trio of units positioned right in the heart of the Ipswich medical precinct ticks a lot of boxes.
The Breakdown:
• Unit 1 - Vacant and Ready to Move In!
Perfect for an owner-occupier looking to live onsite while generating income from the other two units, or ideal for a smart investor who knows the value of proximity to hospitals and CBD amenities.
• Unit 2 - Tenanted Until March 2026
A neat and tidy single-level unit featuring 2 bedrooms, 1 bathroom, a front patio, and its own garage. Currently returning $250/week with a secure tenant in place and last rental increase as recent as March 2024.
• Unit 3 - Also Tenanted Until March 2026
Another well-kept 2-bedroom, 1-bathroom home with internal garage access, front patio, and easy, single-level living. Currently bringing in $280/week - also with its rental increase in March 2024.
All up, that's:
• 7 Bedrooms | 3 Bathrooms | 3 Garages
• Solid rental income from two long-term tenants
• Room to move into Unit 1 or lease it out for more returns
Why You'll Love It:
Prime Ipswich CBD Location - You're literally walking distance to St Andrews Hospital, Ipswich Hospital, shops, cafes, day-cares, parks and public transport. This is as central as it gets.
Medical Precinct Zoning - Set on land zoned CBD Primary Commercial, this location is ideal for medical professionals or allied health specialists (STCA). Think consulting suites, offices, or even a boutique clinic.
Future Flexibility - Whether you're looking to hold as a high-yielding investment, occupy part or all, or develop something special down the track, this is a location that keeps its options (and value) open.
Opportunities like this don't come along every day - especially in such a high-demand, high-growth pocket of Ipswich.
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 5 South St, Ipswich, QLD 4305
- 13 Jun 2025Sold for $985,000
- 27 May 2025Listed for Sale OFFERS OVER $949,000
- 13 Dec 2021Sold for $780,000
Recent sales nearby
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0About 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.
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