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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

38 Limestone Street, Ipswich QLD 4305

Offers Over $819,000

House 3 Beds 2 Baths 2 Cars 400 m²
Listed: yesterday
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Overview

This established brick and tile home in Raceview offers the security and simplicity of a property purpose-built and managed by the Defence Housing Australia (DHA). Its existing DHA lease provides investors with a trusted tenant and professional management, ensuring continuity and stability.

The property is perfectly suited for astute investors seeking consistent income backed by annual market-aligned rental reviews conducted by registered valuers. With a current rental yield of $2,717.63 per month, the lease spans until November 2027, making this a long-term investment with a 3-year option for extension.

Built with quality in mind, the home includes three generously sized bedrooms all fitted with built-in wardrobes, including a principal bedroom boasting a walk-in robe and ensuite bathroom. The contemporary kitchen features modern fittings, complemented by an internal laundry and the functional extras expected in a well-maintained suburban dwelling.

Outdoor enthusiasts will appreciate the fully fenced yard and dedicated outdoor entertaining area, ideal for family gatherings or casual socializing. Additional comforts like split-system air conditioning and a remote-controlled double garage highlight the home's practicality and convenience.

Located near essential amenities such as Yamanto Central and Silkstone Shopping Village, and serviced by reputable schools including Raceview State School and Bremer State High School, the property is set in a smart, vibrant community. Nearby parks add to the lifestyle appeal, offering recreational spaces to enjoy.

This home combines the appeal of a secure investment with the lifestyle benefits of a well-positioned family residence, catering to investors seeking a property managed with care and offering solid long-term returns.

Local Market Insights

In Ipswich, Quiet Listings observed 106 new houses entering the market over the last 30 days, up from 80 during the previous 30-day period, with an average advertised asking price of $829,066. The property type mix of listed properties is predominantly Houses at 85%, followed by townhouses (8%), and units (4%). The most active agency for houses in the Ipswich area is currently NGU Real Estate, representing 37% of new listings, followed by Strud Property 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.

Location
Market Insights for Ipswich QLD 4305
New Listings (last 30 days)
106
Average price
$829,066
Lowest price
$575,000
Highest price
$2,000,000
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