Back 38/38 Cooinda Street
Off Market

38/38 Cooinda Street

Eastern Heights QLD 4305

3
2
138 m²
138 m²
Unit
Last sold for $552,000
Corey LindhCorey Lindh, last sold this property on 18 September 2025 after 14 days on market.

Overview

Low-Maintenance Investment in Eastern Heights

We are proud to present this modern townhouse in the ever-growing and highly desirable suburb of Eastern Heights. With strong rental demand, solid returns, and a prime position close to all amenities, this property is the perfect opportunity for those looking to begin or expand their investment portfolio. Boasting three large bedrooms, all with built-in robes, and two well-appointed bathrooms, the townhouse has been designed with both functionality and comfort in mind. The contemporary kitchen offers ample storage and bench space and flows directly into the open-plan living and dining area, creating a light-filled hub for everyday living. The master bedroom enjoys the added luxury of its own private balcony, while the rear courtyard provides a low-maintenance outdoor space ideal for entertaining or relaxing. Air-conditioning ensures year-round comfort, and the single lock-up garage adds convenience and security. This property is an easy choice for investors, with reliable tenants in place paying $475 per week. The last rent increase occurred in March 2025, and the lease is secured until March 2026, giving buyers the peace of mind of guaranteed rental income from day one. With rental demand in Eastern Heights showing no signs of slowing down, this is an opportunity to secure a strong-performing asset in a location primed for continued growth. Situated in a central pocket of Ipswich, Eastern Heights offers easy access to schools, shops, transport, and parklands, making it an appealing choice for tenants and ensuring minimal vacancy risk. Properties of this calibre in such a well-connected and sought-after location are becoming increasingly rare, and investors will appreciate the combination of security, growth, and return on offer here. Disclaimer: NGU Real Estate has taken all reasonable steps to ensure that the information 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. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Features

3 bedrooms
2 bathrooms
138 m² floor area
138 m² lot size
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Eastern Heights over the last 12 months, the estimated median property value of 38/38 Cooinda Street is $610k.

Median value
$610k
Estimated value range
$542k - $652.26k
Median days on market
14
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Eastern Heights. 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 38/38 Cooinda Street

2025
Sold
$552,000
Private Sale/Treaty on 18 Sep 2025 by Corey Lindh, of NGU Real Estate - Ipswich
2021
Sold
$205,000
Private Sale/Treaty on 09 Nov 2021

Happy sellers in Eastern Heights

93%
93% of sellers in Eastern Heights reported that their sale price either exceeded or met their price expectations.

Eastern Heights stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Eastern Heights over the last 12 months.

Local market activity for 3 bedroom units in Eastern Heights

In the last 12 months, 4 three-bedroom units similar to 38/38 Cooinda Street, have been sold.

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