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 › Penrose Circuit
$799,000
For sale
Asking
3
Bedrooms
2
Bathrooms
1
Car spaces
406 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
Asking
$799,000
Asking · $1,968/m² of land
No recorded sale for this property.
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
-9.5%
Median sale
Suburb $883,000
+0.35 pp
Gross yield
Suburb 3.35%
Suburb median $883,000 from 138 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$35,815 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Redbank Plains's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 The Bolton GroupFrom the moment you step inside, there’s an immediate sense of freshness and warmth that makes this home feel ready to simply move in and enjoy. Recently repainted throughout, the interiors feel bright, clean and welcoming, with thoughtful updates adding a modern touch without losing the comfort of a true family home. Positioned privately at the front, the master suite offers its own peaceful retreat with a walk-in wardrobe featuring refreshed wall panelling and a private ensuite complete with shower, vanity and brand-new toilet.
Moving further into the home, the layout has been designed to make everyday living easy. At its heart, the open-plan kitchen, dining and living area brings everyone together, whether it’s a quiet night at home or a weekend spent entertaining family and friends. The kitchen is equipped with an electric cooktop and oven, dishwasher and plenty of connection to the surrounding living spaces, while air conditioning provides year-round comfort. Tiled flooring through the main living areas makes day-to-day maintenance simple, while carpet adds warmth underfoot in each of the bedrooms.
Bedrooms two and three each feature built-in wardrobes, ceiling fans and carpet, with the larger third bedroom providing extra flexibility for growing children, guests or even a work-from-home space. A generously sized main bathroom with a bathtub, separate shower, vanity and toilet services the home, while the dedicated laundry provides direct side access to the clothesline. Even the garage has been given attention, with fresh epoxy flooring creating a clean, practical space for secure parking, storage, a home gym or hobby area, along with direct access outside.
Outside, one of the home's greatest lifestyle advantages is what isn't behind you. With reserved land at the rear rather than another residential property, the setting offers a more open outlook and a welcome sense of separation from neighbouring homes. A nearby pathway also makes it easy to step outside for a morning walk, take the dog out, get some exercise or simply enjoy some fresh air without having to jump in the car.
Practical improvements including recently updated fencing, fresh interior paint, epoxy garage flooring, built-in storage and an easy-care combination of tiled and carpeted spaces add to the home's long-term appeal. With Redbank Plains State School, Redbank Plains State High School and Town Square Redbank Plains all within easy reach, plus convenient access towards Springfield Central Station, Orion Springfield Central and the Centenary Highway, the location keeps everyday essentials and major connections close by. This is a home that combines comfort, practicality and a fresh modern feel — ready for its next owners to move in, settle down and make it their own.
Key Features
-Freshly repainted throughout with updated fencing
-Open-plan kitchen, dining and living area
-Master suite with walk-in robe and ensuite
-Two additional bedrooms with built-in robes and ceiling fans
-Spacious main bathroom with bathtub and separate shower
-Epoxy-finished garage with direct outdoor access
-No residential properties directly behind, with reserved land and walking path to the rear
Location
-Minutes to Redbank Plains State School
-Minutes to Redbank Plains State High School
-Minutes to Town Square Redbank Plains
-Approx. 15 minutes to Springfield Central Station
-Approx. 15 minutes to Orion Springfield Central
-Convenient access to the Centenary Highway
-Approx. 35 minutes to Brisbane CBD
-Walking path nearby for exercise, fresh air and dog walks
Disclaimer: Some images have been digitally staged to showcase the property’s potential and help buyers visualise how the spaces may be furnished.
Listing description written by Richard Bolton, The Bolton Group — reproduced as published, not verified by Districts.
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