Redbank Plains at a glance
29,289
People
$883,000
Median sale
$569/wk
Median rent
3.35%
Suburb gross yield
Median sale from 138 recorded sales (last 12 months) — a Districts calculation.
QLD › Redbank Plains › Russell Dr
$822,500
Last sold
23 Feb 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
1,012 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$822,500
23 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Redbank Plains (last 5 years) with land size have a median of $1,509/m² of land (n=131). Districts calculation from recorded sales — not a valuation.
Redbank Plains at a glance
29,289
People
$883,000
Median sale
$569/wk
Median rent
3.35%
Suburb gross yield
Median sale from 138 recorded sales (last 12 months) — a Districts calculation.
Vs Redbank Plains
-6.9%
Median sale
Suburb $883,000
+0.25 pp
Gross yield
Suburb 3.35%
Suburb median $883,000 from 138 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $569/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Redbank Plains at a glance
29,289
People
$883,000
Median sale
$569/wk
Median rent
3.35%
Suburb gross yield
Median sale from 138 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White IpswichFirst Home with Huge Upside: Renovate, Add Value & Reap the Rewards
If you've been searching for your first home but don't want to miss out on future capital growth, 12 Russell Drive in Redbank Plains is the opportunity you've been waiting for.
Set on a substantial and flat1,012m² block, this flood-free property offers immediate liveability with enormous potential to renovate, enhance and significantly increase value over time. Buy smart, complete strategic improvements, and position yourself for a strong resale return in a proven high-growth corridor close to every convenience.
This is the kind of property first-home buyers look back on and say, "That was the one that set us up."
The Value-Add Opportunity (The Real Highlight)
• Massive 1,012m² block in a high-growth area
• Three additional rooms downstairs (just short of legal height) currently used as bedrooms
• Large downstairs lock-up car accommodation that could be converted into an additional living space, rumpus, home office or retreat (STCA)
• Potentially subdividable (STCA)
• Add a granny flat in the backyard (STCA)
• Solid brick base with cladded upper level: a fantastic foundation to renovate and modernise
• Ideal layout to reconfigure, upgrade and unlock serious upside
• Solar panels on roof
For first home buyers, this is a clear pathway to manufacturing equity. Add value through cosmetic upgrades, clever reconfiguration or future improvements and capitalise on the strong demand in the area when it's time to sell.
Upstairs Living Features
- Three generous bedrooms upstairs
- Built-in wardrobes
- Ceiling fans throughout
- Light-filled living area with excellent natural light
- Split-system air conditioning in the living room and master bedroom
- Well-appointed main bathroom
- Large rear deck: perfect for entertaining or extending your living space outdoors
- Solar panels to help reduce ongoing energy costs
Additional Features
• Large two-bay shed; perfect for tradies, storage, workshop or extra vehicles
• Flood-free position for peace of mind
• Plenty of yard space for kids, pets or future landscaping projects
Expenses
• Rates for period 1 October - 31 December 2025: $504.85
• Water and sewerage for period 1 August 2025 - 22 October 2025: $226.33
• Last electricity bill: Nil due to solar
High-Growth Location Close to Everything (Approximate)
• 3 minutes to Bellbird Park State School
• 4 minute walk to local bus stop
• 4 minutes to Town Square Redbank Plains
• 6 minutes to central shopping in Redbank Plains
• 15 minutes to Ipswich CBD
• 20 minutes to Ipswich Hospital
• 33 minutes to Brisbane CBD
Redbank Plains continues to experience strong growth driven by infrastructure, population expansion and affordability. Buying here now positions you ahead of the curve.
This is not just a first home; it's a strategic entry into the market with genuine upside. Move in, improve over time, and build equity in one of South-East Queensland's most active growth pockets.
Disclaimer:
Ray White has taken all reasonable steps to ensure that the information in this advertisement is true and correct but accepts no responsibility and disclaims all liability with respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement. Please note that under current QLD legislation, one rent increase may occur per 12 months per property. Please contact Abraham directly if you have any questions regarding this listing.
Listing description written by Abraham Sammut, Ray White Ipswich — reproduced as published, not verified by Districts.
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