Back 23 Phillip Street
Off Market

23 Phillip Street

One Mile QLD 4305

2
1
1
607 m²
House
Last sold for $640,000
Tobias NorrisTobias Norris, last sold this property on 05 March 2026 after -18 days on market.

Overview

SOLD BY TOBIAS NORRIS

This solid two-bedroom home sits on a generous 607m² block in One Mile and is ideal for investors looking for a property that delivers income from day one. Built in 1960, the home has a practical layout, low-maintenance living, and plenty of potential for future improvements or extensions (STCA). The property is currently tenanted on a 12-month lease at $390 per week, giving you reliable cash flow while holding a property in a sought-after area with consistent rental demand. Property features: - Two comfortable bedrooms - One functional bathroom - Single-car accommodation - Generous 607m² block with space to add value - Solid 1960 construction, easy to maintain - Practical layout with room to improve or enhance over time Location benefits: - In the established One Mile community - Close to Ipswich CBD, local shops, and schools - Parks, public transport, and key roads are within easy reach With a tenant already in place and a large block to work with, this property offers both immediate rental income and long-term potential. It's a straightforward, no-fuss investment in a suburb that continues to hold its value.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
607 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in One Mile over the last 12 months, the estimated median property value of 23 Phillip Street is $635k.

Median value
$635k
Estimated value range
$520k - $700k
Median days on market
46
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in One Mile. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23 Phillip Street

2026
Sold
$640,000
05 Mar 2026 by Tobias Norris, of McGrath Ipswich

Happy sellers in One Mile

98%
98% of sellers in One Mile reported that their sale price either exceeded or met their price expectations.

One Mile stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in One Mile over the last 12 months.

Local market activity for 2 bedroom houses in One Mile

In the last 12 months, 7 two-bedroom houses similar to 23 Phillip Street, have been sold.

This represents a 42% increase in two-bedroom houses sales when compared to the previous 12 months.

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