42 Stephenson Street, Coalfalls, Qld 4305

Nestled in one of Ipswich’s most sought-after suburbs, this charming post-war home offers a fantastic opportunity for first-home buyers, downsizers, or savvy investors. With a prime location just under 5 minutes from Ipswich CBD, you or your tenants will be close to cafes, breweries, restaurants, bars, cinemas, gyms, as well as public transport and major highways.

Key Features:

Two Bedrooms: Both with built-in wardrobes and tranquil backyard views.

3rd Bedroom or Study: Includes lino flooring and access to the front veranda.

Bathroom: Includes a shower, bathtub, vanity, and toilet, with shelves perfect for hanging plants.

Updated Kitchen: Featuring rustic finishes and laminate benchtops.

Polished Timber Floors: Found throughout most of the house.

Separate Laundry: Large space with room for a washing machine, dryer, and extra storage.

Lounge Room: Includes an air-conditioning unit and versatile shelving currently used for vinyl storage.

Front Veranda: Spanning the width of the house, complete with a built-in BBQ holder.

Large Backyard: Perfect for a granny flat or home extension (STCA), or simply room for the dog to run around.

Raised Home: Built on concrete stumps for added durability.

Carport & concrete driveway: Versatile space that could be converted into a separate living area or office (STCA).

Lush Front Yard: Lined with mature trees, offering both privacy and shade.

3 sides fenced: Only the front will need to be completed.

Flood Free: Including the 1974 weather event.

Investor Potential:

This property has been rent-appraised at $500–$525 per week, with potential to add a granny flat for additional income (STCA). The suburb of Coalfalls has shown 20.8% capital growth (source: PRDATA) and features a total of 371 dwellings. According to the 2021 Census, it is home to 898 residents. The median property price in Coalfalls stands at $707,500, with a median rent of $500 per week and a rental yield of 4.3% as December 2024. 


Location Highlights:

Reals Park: 650m
Coles Ipswich: 2.5km
Top of Town/Nicholas Street: 2.6km
Ipswich Central Train Station: 2.6km
Riverlink Shopping Centre: 3.4km
Warrego Highway: 5km
Brisbane CBD: 45km

Best Offers From $590,000 by the date and time advised by the agent. Contact Connor Whitehouse for more information or to arrange a private inspection.