1B Edward Street, One Mile, QLD 4305 sold on 19 March 2026 | OnTheHouse
 
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Sold on 19 Mar 2026 for $735,000

1B Edward Street
One Mile QLD 4305

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 97m2
Land area: 607m2
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Sold By
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Andrew Kenman
Image Realty Pty Ltd
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Property Details for 1b Edward St, One Mile

1b Edward St, One Mile is a 3 bedroom, 1 bathroom House and was built in 2005. The property has a land size of 607m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in One Mile in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
97m2
Land Size
607m2
Local Government
Ipswich
Lot/Plan
3/RP97638

Last Listing description (April 2026)

An outstanding opportunity to secure a solid, low-maintenance brick investment in one of Ipswich's consistently strong rental pockets.
Built in 2005 and positioned on a generous 607m² allotment, this well-maintained home offers immediate income with future growth potential - including space at the rear for a potential granny flat addition (STCA).

Investment Snapshot
• Currently Tenanted until 4 December 2026
• Current Rent: $420 per week
• Rental Appraisal: $480 - $495 per week
• Potential Gross Return (at appraisal): Approx. $25,000+ per annum
• Solid 2005 brick construction
This is a secure "set and hold" asset with built-in rental uplift already identified.

The Home
Designed for easy living and strong tenant appeal, the home features:
• 3 generous bedrooms - all with built-in wardrobes and ceiling fans
• Open-plan lounge and dining area with large air-conditioning unit
• Tiled living areas for durability and low maintenance
• Carpeted bedrooms in excellent condition
• Well-maintained bathroom
• Functional kitchen servicing the main living zone
• Covered outdoor entertaining area - ideal for tenant lifestyle appeal
• Front verandah with charming snub-nose roof design
• Brick construction with excellent presentation for its age
The layout is practical, easy to maintain, and continues to attract stable long-term tenants.

Why Investors Should Take Notice
• Fixed income secured through 2026
• Immediate rental uplift opportunity
• Solid brick construction (low maintenance)
• Strong tenant demand area
• Land size supporting future development potential
One Mile remains popular due to its proximity to Ipswich CBD, schools, public transport and major arterial roads, ensuring ongoing rental demand and capital growth support.

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Property History for 1b Edward St, One Mile, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$735,000
19 Mar 2026
Listed for Rent
$275/w
29 Aug 2019
  • 19 Mar 2026
    Sold for $735,000
  • 05 Mar 2026
    Listed for Sale Offers from $690,000
  • 29 Aug 2019
    Listed for Rent - Price not available
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About One Mile 4305

The size of One Mile is approximately 1.9 square kilometres. It has 10 parks covering nearly 19.2% of total area. The population of One Mile in 2016 was 2077 people. By 2021 the population was 2038 showing a population decline of 1.9% in the area during that time. The predominant age group in One Mile is 10-19 years. Households in One Mile are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in One Mile work in a labourer occupation.In 2021, 56.70% of the homes in One Mile were owner-occupied compared with 52.70% in 2016.

One Mile has 952 properties. Over the last 5 years, Houses in One Mile have seen a 187.97% increase in median value, while Units have seen a 144.34% increase. As at 30 April 2026:

  • The median value for Houses in One Mile is $769,455 while the median value for Units is $582,761.
  • Houses have a median rent of $540 while Units have a median rent of $305.
There are currently 10 properties listed for sale, and 3 properties listed for rent in One mile on OnTheHouse. According to Cotality's data, 48 properties were sold in the past 12 months in One mile.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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