16 George Miller WayRipley QLD 4306
Property Details for 16 George Miller Way, Ripley
16 George Miller Way, Ripley is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 648m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (April 2024)
Welcome to 16 George Miller Way a dual key opportunity situated in the heart of Ripley. Not often do properties like these present themselves. With both sides' quality in design, they provide seamless flow throughout thanks to well positioned bedrooms, living and kitchen. Toward the rear both sides feature an open plan kitchen and dining, leading out onto the alfresco. Expect stainless steel appliances, stone bench-tops and multiple air-conditioners. Respectable tenants who look after the property and treat it as their own add to the great appeal. All of this is situated in the Ecco Ripley estate, currently one of Southeast Queensland's fastest growing communities offering a lifestyle close to cafes, shops, parks, and a newly built school!
Inside, the floor plan works well for both, each featuring 3 bedrooms, 2 bathrooms and a 1-car garage, you can also expect the following throughout:
Main w/en-suite, walk-in-robe, fan & air-conditioner
Stainless steel appliances including a gas stove
Stone bench-tops in the kitchen and bathroom
Ample kitchen cupboard space
Family & Dining w/air-conditioner
Spacious alfresco entertaining area
Single lockup garage w/remote controls
Security Screens throughout
2x6.615kW Solar Panels
Opticomm Fibre Internet
Low maintenance block
For the Investor this property is under the National Rental Affordability Scheme (NRAS). The very basic explanation is that in exchange for charging 74.99% of the market rent to the tenant the State & Federal Government will pay an annual incentive payment.
The incentive amount for the current NRAS year is below, the State Government payment is cash to a bank account and the Federal Government payment is a fully refundable tax offset that your accountant claims on your tax return. It will either reduce your tax liability or if it is greater than the tax you owe it will be paid to you as a refund.
2021-22 NRAS Year
Contributed by
Australian Government Contribution: $8,343.05
State/Territory Contribution: $2,781.02
Total: $11,124.07
Unit 1
Rent Paid by Tenant per Week: $248
Rent Contributed by Australian Government per Year: $8,343.05
Rent Contributed by State Government per Year: $2,781.02
End Lease Date: 4th of February 2022 (04/02/22)
Unit 2
Rent Paid by Tenant per Week: $248
Rent Contributed by Australian Government per Year: $8,343.05
Rent Contributed by State Government per Year: $2,781.02
End Lease Date: 13th of December 2022 (13/12/22)
Total Rent for Both Sides
Rent Paid by Tenants per Year: $25,792
Rent Contributed by Australian Government per Year: $16,686.1
Rent Contributed by State Government per Year: $5,562.04
Total Rent per Year (Government, State, and tenants): $48,040.14
Rates: $910.25 per qtr
Water: $82.96 per qtr (excludes water usage)
Location:
Ipswich - 11 Mins
Springfield Central - 17 Mins
Brisbane - 40 Mins
Ripley Valley State and College Schools - 4 Mins
Raceview State School, Deebing Heights State School - 8 Mins
Ipswich Train Station - 15 Mins
Situated in the ever-popular suburb of Ripley this is the perfect opportunity for someone who wants to purchase a rare opportunity at a price you can actually afford. Secure both or just one, invest or live in the option is yours. With a short distance away from all the brand-new infrastructures including Coles Supermarket and associated specialty stores and the Ripley Waterpark the estate also offers a kindergarten, dog parks and plenty of green space to explore. Up the road you have the brand-new Ripley Valley State School and College including Prep to Grade 6 and Grade 7 to Grade 8 respectively. These duplexes are included in the catchment for both schools. Raceview, Yamanto and Booval shopping centres are only 10 minutes away and there is easy access to highways with only a couple of minutes to either the Cunningham or the Centenary Highway. CALL ME NOW to organise your private inspection or I'll see you at the next open home!
Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information 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. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Disclaimer:
NGU Real Estate Ipswich has taken all reasonable steps to ensure that the information 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. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.
Property History for 16 George Miller Way, Ripley, QLD 4306
- 02 Sep 2021Sold for $720,000
- 20 Aug 2021Listed for Sale $738,000
- 07 Feb 2019Sold for $280,000
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0About Ripley 4306
The size of Ripley is approximately 12.8 square kilometres. There are 3 parks, covering nearly 0.6% of the total area. The population of Ripley in 2016 was 1405 people. By 2021 the population was 4288 showing a population growth of 205.2% in the area during that time. The predominant age group in Ripley is 30-39 years. Households in Ripley are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Ripley work in a professional occupation.In 2021, 56.90% of the homes in Ripley were owner-occupied compared with 72.50% in 2016.
Ripley has 5,357 properties. Over the last 5 years, Houses in Ripley have seen a 118.25% increase in median value, while Units have seen a 78.43% increase. As at 30 June 2026:
- The median value for Houses in Ripley is $970,560 while the median value for Units is $665,361.
- Houses have a median rent of $625 while Units have a median rent of $530.
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