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Overview
Located in a convenient area of Raceview, this durable and spacious home offers a superior combination of functionality, flexibility, and exceptional value. The property is an ideal choice for savvy investors or those seeking a future family home in a sought-after location.
Set on a substantial land parcel of approximately 607 square meters, this classic elevated home features a smart design that caters to practical living requirements. It offers abundant space both upstairs and downstairs, accommodating a wide range of lifestyle needs.
The upper level includes a bright and airy living area that flows seamlessly into a well-equipped kitchen and dining space. This level also contains three comfortable bedrooms that are serviced by a centrally located bathroom, providing convenience and comfort for the household.
The lower level offers additional versatility with a large multipurpose or rumpus room, a second bathroom, and ample storage areas. This arrangement is perfect for extended family members, teenagers, or can serve as an effective home office or workspace.
Key features of the home include:
- Three well-sized bedrooms
- Two bathrooms, including one on each level
- A spacious elevated floor plan allowing for dual living potential
- An expansive rumpus/multipurpose room downstairs providing flexible space
- Accommodations for multiple vehicles, ideal for tradespeople or families with extra cars
- A generously sized backyard with open space suitable for children and pets
- A solid and well-maintained structure with opportunity for further enhancements and value-adding improvements
The property's location delivers significant benefits, including easy access to local schools, shops, and parks. It is well connected by major road networks and public transport options, allowing residents to reach Ipswich's central business district with a short drive.
From an investment standpoint, the property is currently tenanted, generating immediate rental income of $640 per week. The lease is secured until 30 November 2026, providing a reliable income stream with minimal management required. Council rates are approximately $634 per annum.
The area exhibits strong demand for quality homes like this, ensuring robust investment potential and future capital growth. Whether you are looking to establish a hands-off investment or a comfortable family residence with good structural 'bones,' this property represents exceptional value in a high-demand market.
Prospective purchasers are encouraged to arrange inquiries promptly to secure this opportunity.
Local Market Insights
In Raceview, Quiet Listings observed 61 new houses entering the market over the last 30 days, down from 71 during the previous 30-day period, with an average advertised asking price of $865,959. The property type mix of listed properties is predominantly Houses at 85%, followed by units (5%), and townhouses (4%). The most active agency for houses in the Raceview area is currently NGU Real Estate, representing 30% of new listings, followed by Ray White with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Reduced To Offers Over $749,000 | |
| Offers Over $799,000 | |
| FOR SALE | |
| Offers Over $849,000 |
Location
Market Insights for Raceview QLD 4305
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