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55 Locke Street, Warwick$649,000
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55 Locke Street

Warwick, QLD 4370, Australia
$649,000
2 bed 1 bath 3 car1012 m²

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About this property

Investor buyers take note this solid brick home offers immediate rental income with the security of an established tenancy in place until August 2027. Positioned on a generous 1,012m² allotment in a quiet Warwick location, 55 Locke Street presents an excellent opportunity to add a low-maintenance property to your investment portfolio. Constructed from durable brick and designed for comfortable living, the home features two well-sized bedrooms, a spacious open-plan living and dining area, functional kitchen, family bathroom, separate toilet, and a single lock-up garage. The layout is practical and appealing, making it an attractive long-term rental property. Outside, tenants enjoy a large backyard with established lawns and gardens, covered outdoor entertaining areas, and the added bonus of a sizeable shed for extra storage or workshop space. The expansive block provides plenty of room while remaining easy to maintain. With reliable tenants already in place and a lease secured through to August 2027, this is a genuine set-and-forget investment opportunity offering immediate returns from settlement. Features Include: Securely leased until August 2027 Solid brick construction 2 spacious bedrooms with built-in storage Open-plan living and dining area Functional kitchen with ample bench and cupboard space Family bathroom plus separate toilet Single lock-up garage Covered outdoor entertaining areas Large shed with excellent storage/workshop potential Rainwater tank Generous 1,012m² allotment Established lawns and gardens Quiet residential location close to Warwick amenities An ideal addition to any investment portfolio, this property combines a strong land component, quality improvements, and the certainty of long-term rental income.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
3
Land Area
1012 m²
Listed
3 weeks ago

Repayment calculator

$3,146/month
$1,573 /fortnight
Loan $519,200 at 6.10% over 30 years

Upfront costs

Deposit$129,800
Stamp duty$22,230
Conveyancing (est.)$2,000
Total upfront$154,030
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Warwick

This 2-bedroom house in Warwick, QLD 4370 sits within reach of public transport, local shops and nearby schools. It is listed 7% below the $695,000 median of 65 comparable houseswithin 5 km.

Schools near Warwick

  • The School of Total Educationcombined · Prep-12 · CoEd
  • The SCOTS PGC Collegecombined · Prep-12 · CoEd
  • The SCOTS PGC College - Lock Street Campuscombined
  • Warwick Christian Collegecombined · Prep-12 · CoEd
  • Glennie Heights State Schoolprimary · Prep-6 · CoEd
  • Warwick Central State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Dragon St near Percy St hail 'n' ride (bus)908 m away
  • Kathy1.6 km away
  • Leslie Park1.6 km away
  • Rotary Park2.3 km away
  • Federation Park2.4 km away

Warwick at a glance

Full suburb profile
Population
12,294
Median age
45
Household income
$1,035/wk
Median rent
$260/wk
Median mortgage
$1,170/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Warwick price trend

Median sold · House 2 bed

Compound growth +20.3% / yr over 4 yrs

$500kcurrent median

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Price history

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1 price change recorded for this property

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