153 Ironwood Street, Aspley QLD 4034
153 Ironwood Street, Aspley QLD 4034
Established house stock | Family-oriented street | Owner-occupier demand | Upgraded features common | School catchment access
The property sits within a low-density, house-dominant pocket of Aspley where detached homes on modest suburban blocks are the norm. The street profile shows a consistent pattern of upgraded owner-occupied houses, typically three-bedroom formats with two bathrooms and double parking, often featuring solar, air conditioning, and secure yards. This configuration serves young families, downsizers, and professional couples seeking low-maintenance living within established school catchments. The area’s character is quiet and residential, with no high-density or transit-oriented development nearby, which reinforces its appeal as a stable, family-oriented location. For a buyer prioritising a conventional suburban house with room to grow or renovate, this street offers a dependable baseline.
The value of this property may be shaped by its land size, dwelling condition, and renovation level relative to the street’s typical stock. Blocks in the immediate area range from roughly 320 to 700 square metres, so the exact parcel size will materially influence price. Upgraded homes on larger lots tend to command a noticeable premium, while original-condition houses may offer renovation upside. The absence of flood or heritage constraints on nearby lots suggests minimal environmental risk, but the lack of premium features like views or unique aspect means pricing will likely hinge on practical attributes rather than standout characteristics. Buyers should weigh the balance between move-in-ready condition and the potential to add value through updates.
|| Comparable Sales: 59 Ironwood Street sold at $1.2125M; 61 Ironwood Street sold at $535,000 | Property Price Band: $1.1M–$1.3M | Value Drivers: Land size, dwelling condition, renovation level
Detailed Independent Property Report prepared by PropCred Analyst team for 153 Ironwood Street, Aspley QLD 4034
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Aspley, a 6.5 sq km suburb with 17 parks, draws families, retirees and young professionals, supported by excellent schools and CBD connectivity. Demand is robust: houses sell in a median 13.5 days, with 186 sales in the past year. House prices have climbed 21.2% annually to a median of $1,322,849, though other sources put the median lower at $1.2–1.25 million with growth closer to 8%. Units show a median of $853,767 (up 12.5%) and rents at $615 weekly, with a 4.1% gross yield. Supply remains tight: only 18 rentals and 13 properties for sale last month, despite 156 new listings over the year. Future growth is underpinned by steady demand and low vacancy, but affordability constraints and rate sensitivity loom as key risks.
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PropCred Estimated Value
Comparable Sales: 59 Ironwood Street sold at $1.2125M; 61 Ironwood Street sold at $535,000 | Property Price Band: $1.1M–$1.3M | Value Drivers: Land size, dwelling condition, renovation level
Bedrooms
4
Bathroom
3
Parking
2
Land
726m²
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