23 Phillip Street, One Mile, QLD 4305 sold on 06 March 2026 | OnTheHouse
 
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Sold on 06 Mar 2026 for $640,000

23 Phillip Street
One Mile QLD 4305

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 607m2
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Property Details for 23 Phillip St, One Mile

23 Phillip St, One Mile is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom House sold in One Mile in the last 12 months.

Building Type
House
Land Size
607m2

Last Listing description (March 2026)

This solid two-bedroom home sits on a generous 607m² block in One Mile and is ideal for investors looking for a property that delivers income from day one. Built in 1960, the home has a practical layout, low-maintenance living, and plenty of potential for future improvements or extensions (STCA).

The property is currently tenanted on a 12-month lease at $390 per week, giving you reliable cash flow while holding a property in a sought-after area with consistent rental demand.

Property features:

- Two comfortable bedrooms
- One functional bathroom
- Single-car accommodation
- Generous 607m² block with space to add value
- Solid 1960 construction, easy to maintain
- Practical layout with room to improve or enhance over time

Location benefits:

- In the established One Mile community
- Close to Ipswich CBD, local shops, and schools
- Parks, public transport, and key roads are within easy reach

With a tenant already in place and a large block to work with, this property offers both immediate rental income and long-term potential. It's a straightforward, no-fuss investment in a suburb that continues to hold its value.

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Property History for 23 Phillip St, One Mile, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$640,000
06 Mar 2026
Listed for Rent
$265/w
22 Jun 2020
  • 06 Mar 2026
    Sold for $640,000
  • 23 Feb 2026
    Listed for Sale SOLD BY TOBIAS NORRIS
  • 22 May 2020
    Listed for Rent $265 / week
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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, 49 properties were sold in the past 12 months in One mile.

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Tobias Norris
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McGrath Ipswich
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© 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.

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