• WALK TO IPSWICH CBD • ORIGINAL RETRO CHARM THROUGHOUT • THREE SPACIOUS BEDROOMS • SEPARATE LIVING ROOM • RETRO EAT-IN KITCHEN • SIDE YARD ACCESS • SHED WITH WORKSHOP • ADDITIONAL STORAGE SHED • 604M2 BLOCK • TENANTED $440 PER WEEK Some homes tell a story, and this one has been quietly collecting memories for decades. Full of original retro character and packed with potential, this lowset timber home offers an exciting opportunity for investors, renovators, first-home buyers or anyone looking to secure a well-positioned piece of Ipswich real estate. Behind its classic façade you'll find three bedrooms, a separate living room and an authentic eat-in kitchen that proudly showcases its retro roots. Whether you're drawn to the nostalgia or already imagining a modern makeover, there's plenty of scope to add value and make it your own over time. Set on a generous 604m² block, the property offers valuable side yard access along with a single carport, a large shed/workshop and an additional second shed, providing ample space for hobbies, storage, tools, trailers or weekend projects. The location is where this property truly shines. Leave the car at home and enjoy the convenience of being within walking distance to the Ipswich CBD, local hospitals, public transport and a range of everyday amenities. Riverlink Shopping Centre, schools and major services are all just a short drive away, making day-to-day living exceptionally convenient. For investors, the numbers already stack up. The property is currently tenanted on a periodic lease returning $440 per week, with the most recent rental increase taking effect in January 2026, providing immediate income while you plan your next move. Whether you're looking to renovate, invest, landbank or simply secure a home in a tightly held central location, this is one opportunity that offers far more than first meets the eye. **please note that photos have been altered for sale puposes** DISCLAIMER: All reasonable steps to ensure that the information contained 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. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
RealistIQ deal score
Neutral value signal
12
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 5 Thorn Lane, Ipswich before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $57,000 above RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $534,000 - $889,000Wider ranges mean more uncertainty.
RealistIQ estimate$712,000
Market price guide$769,000
$534,000$889,000
Before you inspect, check what similar properties actually sold for.
