130 Ironwood Street, Aspley QLD 4034
130 Ironwood Street, Aspley QLD 4034
4 bed family house | 778m² land | bushfire overlay flagged | 1980s-era build | strong school catchment
This property holds a genuine competitive edge for Aspley: a 778m² block with a 319m² floor area is uncommon in a suburb where many recent listings sit on far smaller lots. The four-bedroom, two-bathroom layout with a rumpus room, indoor spa, and outdoor entertaining area suits a family seeking space without immediate renovation pressure. Its late-1980s construction offers solid bones, while features like ducted vacuum, reverse-cycle air conditioning, and a shed add practical day-to-day value. The school catchment for Aspley State School and Craigslea State High School strengthens its appeal to owner-occupiers prioritising education access. This house likely serves best a buyer wanting established land, multiple living zones, and room to personalise over time, rather than a move-in-ready modern product.
The bushfire overlay, including high and medium hazard buffer designations, may influence insurance costs and could prompt some buyers to negotiate on price, though it does not appear to restrict basic residential use. The 1988 sale history suggests the dwelling may have aged systems or finishes that might require updating, particularly the kitchen or bathrooms, which could affect perceived value against renovated comparables. The large land size offers potential for future extension or outdoor improvements, but any significant redevelopment would need to account for the hazard overlay. Rental demand appears steady, with an estimated $950 per week, which may appeal to investors, though the yield would likely sit moderate given the price band this property commands.
|| Comparable Sales: 92 Ironwood sold $1.53M (Aug 2025); 59 Ironwood sold $1.21M (Feb 2026) | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, floor area, school catchment, bushfire overlay consideration
Detailed Independent Property Report prepared by PropCred Analyst team for 130 Ironwood Street, Aspley QLD 4034
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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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: 92 Ironwood sold $1.53M (Aug 2025); 59 Ironwood sold $1.21M (Feb 2026) | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, floor area, school catchment, bushfire overlay consideration
Bedrooms
4
Bathroom
2
Parking
2
Land
778m²
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