Updated November 2026: we added a “East Ipswich today” section with current Stash suburb figures and what has happened to the property since. The deal figures below are from the time of the original post.
Address
3 Gibbon Street, East Ipswich, QLD 4305
Investment Strategy
Renovator
Development Timeline
Property Purchased
Property Sold
Rental Insights
Stash shows rental figures for every property's suburb, including Long Term Rental Statistics (vacancy rate, homes rented in the last 12 months, median rent and potential yield) and the Long Term Yield Analyser, which compares yields by bedroom count and property type. November 2026: the screenshots below were taken in 2024. Some of the statistics shown in them, such as short-term (Airbnb) and rooming rental figures, are no longer part of the standard Stash property page.
Source: stashproperty.com.au
Development Stats
2024
220
515
About the Property
3 Gibbon Street, EAST IPSWICH
Heritage Elegance, Modern Convenience: Stunning Queenslander on Quarter Acre Block – Commuter’s Dream
In one of the most coveted pockets of our bustling city lies an unassuming gem, where historic charm and contemporary comfort coalesce harmoniously in one glorious package.
Standing proudly on a generous 1,012m2 block with plenty of room for a pool, this fully renovated character home beckons with a generous back deck that invites lively gatherings, set against the verdant backdrop of established trees, offering shade and privacy.
While inside, the spirit of the past weaves through each room, reflected in the warmth of the polished pine floorboards underfoot, the nostalgic glow of sunlight through original coloured glass windows, the high ceilings and the intricate timber fretwork, invoking a sense of timeless grandeur.
And for those who yearn for the pulse of Brisbane city, you are a stone’s throw from the train station, offering unparalleled convenience for the modern commuter. Leave the chaos of traffic and parking behind so your daily commute will be a seamless and stress-free experience.
SUMMARY:
• 3 bedrooms with fans & built-in mirrored floor to ceiling robes – Master with A/C, WIR and ensuite + 2nd bedroom supersized + 3rd bed with study nook.
• Grand, custom kitchen features modern amenities with a hint of heritage charm; an island bench and breakfast bar crowned in luxurious Caesarstone, banks of soft-close pot drawers, pantry, stainless steel-appliances, overhead cupboards, dishwasher & heritage tile splashback
• Generous back deck with insulation, fan, privacy screening and stacking sliding glass doors for easy access – elevated and private view over established, leafy backyard with room for a pool
• Open plan living/dining/kitchen serviced by split system air-conditioning + blinds throughout the home
• Beautiful original features of this circa 1917 Asymmetric Bungalow also include coloured glass windows and front door, timber fretwork, high ceilings, French doors, satin-finish 6inch pine polished pine floorboards, VJs, ornate window hoods and a quintessential front verandah
• Luxurious, resort-style bathrooms; both main bathroom & ensuite boast oversized shower recesses, shower nooks and shaker style cabinetry. Stone benchtops feature in bathrooms + spacious internal laundry
• 4 car secured off-street parking including 2 car accommodation under house + heaps of additional cemented storage/workshop area under house + downstairs toilet + tall white picket fence for security
• Large, fully fenced 1,012m2 block zoned CHMD (character housing mixed density) with granny flat potential (stca)
• COMMUTERS DREAM LOCATION: Train station is a mere 50m from your doorstep. 350m to barefoot bowls at the United Sports Club/Pub, 650m to East Ipswich Public School, 850m to Ipswich Girls Grammar & Queens Park, 3 mins to Booval Fair & Coles Silkstone Village, 5 mins to Ipswich Hospital & CBD
In every corner, the timeless elegance of this heritage home is celebrated, while embracing the comforts and conveniences of today. Call us today to book your private inspection.
Features
Study
Split System AC
Air Conditioning
Reverse Cycle Air Conditioning
Balcony
Deck
Outdoor Entertaining
Fully Fenced
Built-In-Robes
Dishwasher
Secure Parking
From the realestate.com.au listing
Source: stashproperty.com.au
About the Suburb
East Ipswich, QLD 4305 is a growing suburb with a relatively young population, with a significant number of residents falling in the age range of 20 to 44 years. The suburb has a diverse mix of occupations, with professionals, technicians/tradeworkers, and community/personal service workers being the top three. The majority of residents commute to work via motor vehicles, while a notable portion also works from home. The suburb offers a mix of commuting options, including trains and buses. The suburb has a median household income slightly above the national average, with many residents owning their homes. East Ipswich also has a high ICSEA value, indicating a good educational advantage for students attending government schools.
East Ipswich presents promising investment opportunities for both homeowners and property developers. The suburb has a healthy rental market, with a low vacancy rate and a high demand for renting out rooms, making it attractive for investors seeking rental yields. The median growth rate is above average, indicating potential for capital growth. With a high market absorption rate and strong online search interest, the suburb is likely to experience continued demand in the property market. The IQR ratio for house sale prices suggests opportunities for renovators, while the discount median for units may appeal to bargain hunters.
East Ipswich, QLD 4305 is a vibrant suburb with a young population, diverse occupations, and convenient commuting options. It offers a mix of rental and homeownership opportunities, with potential for capital growth and rental yields. Homeowners looking to settle in a suburb with good educational facilities and ample amenities will find East Ipswich an attractive option. Investors and property developers can benefit from the suburb’s strong market demand, especially for rental properties.
Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Median
Vacancy Rate
Sales Volume
East Ipswich today (November 2026)
Here is where the East Ipswich house market sits now. The figures cover house sales and rentals over the 12 months from November 2025.
- Median house price: $775,000 (Stash data, November 2026)
- 12-month change in the median house price: +19.2% (Stash data, November 2026)
- Median house rent: $570 a week, a median gross rental yield of 3.6% (Stash data, November 2026)
- Vacancy rate: 1.0%, with a median of 30 days on market for houses (Stash data, November 2026)
What happened to the property? Stash's sales history for 3 Gibbon Street still shows the $875,000 resale in early 2024 as the latest sale, so it hasn't sold again since.
Then vs now: The renovated house sold for $875,000 in 2024, after a $360,000 purchase in August 2023. Today the median house price in East Ipswich is $775,000.
See the latest numbers on the East Ipswich suburb page. To look for renovator deals like this one yourself, use Comparable Properties with Display Flips, Knockdown Rebuilds & Renovators Only ticked.



