Redbank at a glance
3,734
People
$865,000
Median sale
$541/wk
Median rent
3.25%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
QLD › Redbank › Ashton Ave
$866,200
Last sold
8 Oct 2024
5
Bedrooms
3
Bathrooms
3
Car spaces
602 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
$866,200
8 Oct 2024 · derived via latest_sale
Local land rate: recorded House sales in Redbank (last 5 years) with land size have a median of $1,322/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Redbank at a glance
3,734
People
$865,000
Median sale
$541/wk
Median rent
3.25%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Redbank
+0.1%
Median sale
Suburb $865,000
0.00 pp
Gross yield
Suburb 3.25%
Suburb median $865,000 from 27 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 $541/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 at a glance
3,734
People
$865,000
Median sale
$541/wk
Median rent
3.25%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Clearcut Real EstateWelcome to your dream investment. Built in 2019, Nestled on a generous 602 sqm plot, this modern dual occupancy property is designed for both investors and families. Whether you're looking to expand your investment portfolio with dual rental income from one purchase or find a home with versatile layout allows for dual living options - live in one side and rent out the other, or enjoy the entire space for your family, this property has it all. With 5 spacious bedrooms and endless potential, this property delivers flexibility and value, making it an outstanding choice for your next purchase
Prime Redbank location is just 5 minutes from Town Square Shopping Centre, schools, and cafes. Families will love the proximity to local Schools, shops and public transport. Easy 40-minute commute to Brisbane CBD by car, 20 minutes Ipswich and 50 minutes to Gold Coast with public transport options available.
Unit 1-
Step into this spacious, larger side of the duplex and experience the epitome of modern living. The heart of the home is its expansive open-plan kitchen, living, and dining area, designed for both functionality and style. With four generously sized bedrooms, including a master retreat complete with an en-suite at the rear, this home offers privacy and comfort. The central bathroom caters to the remaining three bedrooms, while the seamless flow from the open-plan living space to the covered rear patio is perfect for outdoor entertaining year-round.
But that's not all - enjoy the luxury of a huge backyard with side access, offering ample space for family activities, pets, or potential future projects. The extra-long garage houses a cleverly integrated laundry and provides extra storage space, ensuring every inch of this home is utilised.
Currently rented for $550 per week on a periodic lease, this is an excellent opportunity for investors or homebuyers alike.
Unit 2 -
This one-bedroom gem, forming the smaller side of the duplex, is an investor's dream with its well-designed and sophisticated layout. Despite its compact size, this property exudes a spacious and open feel. The thoughtfully planned open-plan kitchen and living area flow effortlessly into an outdoor entertaining space, perfect for relaxing or hosting. The large bedroom, tucked away at the end of the living, ensures privacy, while the modern bathroom and separate toilet add extra convenience.
Adding to the appeal is the cleverly integrated laundry in the extra-long garage, providing additional storage options.
With solid rental income of $340 per week and a secure lease until April 2025, this low-maintenance property offers an attractive return for investors. Whether you're expanding your portfolio or looking for a hassle-free income stream, this property is ready to deliver.
Please note, 1/16 Ashton Avenue and 2/16 Ashton Avenue are leased together, generating a combined rental income of $890 per week. The property will be sold as a whole and is NOT strata titled.
Make this incredible property yours and start living the dream today!
Investment Highlights:
• Prime Location: Nestled in the Redbank, surrounded by lush bushland and parks, attracting quality tenants who value lifestyle and convenience.
• Unbeatable Convenience: Minutes from major transport links, shopping centres, top schools, and essential amenities, and nestled within the booming Greater Springfield area.
• Thriving Rental Market: Take advantage of long-term, reliable tenants in an area known for strong demand and minimal vacancy rates.
Disclaimer:
In preparing this information, Agents'Agency and ClearCut Real Estate has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate.
Listing description written by Gary Singh, Clearcut Real Estate — reproduced as published, not verified by Districts.