Investment property strategically sourced, negotiated and secured for a first-time investor from Sydney, utilising a long-term capital appreciation strategy.

This four-bedroom home sits on one of the largest blocks in the area (974sqm), providing ample space for future improvements. A new owner may consider adding a larger alfresco area, a granny flat, a swimming pool, or a sizable shed with side access for vehicles or a caravan.

As a result, this property appeals to both owner-occupiers and investors, particularly if a granny flat is constructed for separate rental income.

🔸 Purchase price: $719,000

🔸 Property type: 4 bed, 2 bath, double garage home, on a 974sqm block

🔸 Location: Suburb in the Ipswich Local Government area in Queensland

🔸 Buyer: First-time investor based in Sydney

🔸 Rent achieved: $580pw (Bought with tenants in place, no vacancy, rents were increased in March 2025)

🔸 Suburb median rent for a 4 bedroom house: $550pw

🔸 Gross rental yield: 4.20%

🔸 Suburb vacancy rate: 1%

🔸 Suburb average 20-year growth: 7.13%

🔸 2024 growth: 17.8%

🔸 2025 growth YTD: 5.9%