It is with reluctance that my owners of this property in Queen Street, Newtown have placed it on the market. They are absentee owners and live on the land and with the recent down turn in the rural sector they can no longer afford to hang on to their investment property. Located on the Ipswich CBD fringe, in the sought after Newtown precinct, this post war home sits on 1012 square meters, or a quarter of an acre if you prefer. Internally, the home has recently had the floor boards polished and the 3 bedrooms are ample in size. There is a fair sized living room and a separate dining room and kitchen. Subject to Council approval, a second block may be generated at the rear of the property therefore increasing your income capacity. With the Ipswich market continuing to surge ahead, this home is not expected to last long. In 2007, the suburbs heading east from the Ipswich CBD along the rail line had an increase in median sales price of close to 25%* Feed back from the market place has been that Buyers from external to Ipswich view it as good value because it still allows them to commute within an hour to the Brisbane CBD. As mentioned above, this home was the child hood home of the owner and she is distraught at the prospect of having to sell however the situation demands it. As such the property is to be auctioned on Saturday 19 April 2008. If you would like to find out more about this property, then phone Trent Quinn at Ray White Ipswich on 0401 907 878 or email trent.quinn@raywhite.com