36 Waterfern Way is a four-bedroom, two-bathroom home in Ripley with two living areas, a modern kitchen and an outdoor entertaining area. The property is tenanted long-term and available for purchase with existing rental income from day one.
The floor plan is practical and well-proportioned. Two separate living zones provide flexibility for different uses across the household. The kitchen is spacious and modern, opening to the main living and dining area. The master bedroom includes an ensuite, with a second bathroom servicing the remaining three bedrooms. The outdoor entertaining area connects to a low-maintenance backyard that requires minimal ongoing upkeep.
The property sits within the Ripley Valley Priority Development Area, one of the fastest-growing corridors in the City of Ipswich. Ripley Central State School, Ripley Valley State School and Ripley Valley State Secondary College are all within the local catchment. Ripley Town Centre provides everyday retail including Coles, medical services and specialty stores. The Centenary Highway and Ipswich Motorway are both accessible, putting Brisbane within a 40 to 45 minute commute by car.
For investors, the combination of long-term tenants, low-maintenance property and a suburb with strong population growth and ongoing infrastructure investment makes this a straightforward addition to a portfolio. For owner-occupiers, it offers a move-in ready home in a well-connected and developing community.
Ipswich City Council Rates: $692 per quarter (subject to change)
Urban Utilities Water Charges: $262 plus consumption (subject to change)
Key Features
• 4 bedrooms, 2 bathrooms including master ensuite
• Built in robes and ceiling fans throughout
• Multiple internal living areas with outdoor entertaining
• Spacious and low-maintenance backyard
• Strong investment fundamentals in a high-growth suburb
• Opticomm Fibre to the Property for high-speed internet
• Within catchments for Ripley Central State School & Ripley Valley State Secondary College
Nearby Amenities
• Ipswich CBD – 16 minutes
• Brisbane CBD – 40 minutes
• Ripley Town Centre – 4 minutes
• Ripley Central State School – 4 minutes
• Ripley Valley State Secondary College – 7 minutes
• Orion Springfield – 15 minutes
• RAAF Base Amberley – 20 minutes
Listing Agents: Steve Athanates & Matt Drayton
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