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Location
Market Insights for Ripley QLD 4306
New Listings (last 30 days)
2
Average price
$725,000
Lowest price
$700,000
Highest price
$750,000
Other properties in this postcode

21 Jive Way, Ripley QLD 4306

$1,000,000

Listed: 59 days ago
Updated: 6 days ago
Overview

Situated in the heart of Cadence Estate in Ripley, this near-new dual-key duplex presents a distinctive investment opportunity, combining two separate residences on a single 400sqm block. Built circa 2021, the property offers modern design and construction, ensuring low maintenance and longevity in one of South East Queensland's fastest growing corridors.

The larger unit features three bedrooms with carpeted flooring, including a master bedroom complete with a walk-in wardrobe, private ensuite, and air conditioning, designed for comfort and practicality. The kitchen stands out with a stone benchtop island and equipped with a dishwasher, seamlessly integrating into an open plan living and dining area adorned with tiled splashbacks and climate control by reverse cycle air conditioning and ceiling fans.

The second unit provides a smart, compact two-bedroom layout with built-in robes, a tiled open plan kitchen and living area, fans in both bedrooms, and reverse cycle air conditioning for year-round comfort. Both residences enjoy private covered alfresco areas and fully fenced yards, enhancing usability and outdoor living.

Currently, the first unit is tenanted securing a rental income of $530 per week until September 2027, providing immediate cash flow. The second unit is vacant, previously leased at $450 per week, offering flexibility to set new market rents. This arrangement is ideal for investors seeking diversified income streams and reduced vacancy risk within a single land parcel.

Location-wise, the property is strategically positioned minutes from the $1.5 billion Ripley Town Centre precinct featuring a growing number of retailers and essential services, promising strong long-term capital growth prospects. Additional infrastructure investment, including the proposed Ipswich to Springfield Central rail corridor with a new station planned for Ripley Town Centre, further underlines the potential of this rapidly developing area.

Families and tenants benefit from close proximity to Ripley Central State School, Ripley Valley State School and Secondary College, as well as major shopping centers like Orion Springfield Central and Riverlink Shopping Centre, supporting diverse lifestyle and educational needs.

For discerning investors drawn to long-term growth, multiple income streams, and high-quality accommodation spread across two self-contained units, 21 Jive Way represents a compelling offer in one of Ripley’s most sought-after estates.

Local Market Insights

In Wide Bay, Quiet Listings observed 2 new duplexes entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $725,000. The property type mix of listed properties is predominantly Houses at 80%, followed by land (12%), and units (3%). The most active agency for duplexes in the Wide Bay area is currently Woodgate Realty, representing 50% of new listings, followed by Harcourts with 50%. 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
$1,000,000
For Sale