55 Locke Street
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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
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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
- Kathy — 1.6 km away
- Leslie Park — 1.6 km away
- Rotary Park — 2.3 km away
- Federation Park — 2.4 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
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Price history
Listing price changes
1 price change recorded for this property
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