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 › Drewett Ave
$810,000
Last sold
26 May 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
320 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
$810,000
26 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Redbank Plains (last 5 years) with land size have a median of $1,485/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
-8.3%
Median sale
Suburb $883,000
+0.30 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 Century 21 Josie Smith and CoLooking for a smart addition to your portfolio?
This well-positioned property in the heart of Redbank Plains comes with a tenant already in place, offering immediate rental income from day one. Nestled in a prime location this three-bedroom home offers the perfect blend of comfort and convenience. Boasting an open plan layout and a low maintenance backyard, this property is ideal for families or those who love a relaxed lifestyle.
Whether you're expanding your portfolio or entering the market, this property offers a hassle-free investment with income already secured.
Property Features:
*Built in 2013, on 320m2
*3 Bedrooms (laminate flooring) for tenant comfort with built-in wardrobes, ceiling fans and blinds
*Functional layout with open-plan living and dining with air conditioning
*Kitchen is appointed with a dishwasher, built-in pantry cupboard and a dedicated fridge space
* Master suite with a built-in wardrobe and ensuite
*Main family bathroom with a tiled in tub, shower and vanity
*Split system air conditioning
*Outdoor alfresco
*Rain Water tank - 1000ltr to 15000ltr approx.
*Secure parking + additional off-street parking
*Secure single garage with internal access
*low maintenance yard fully fenced
Investor Highlights:
*Tenant in place – instant rental income
*Low vacancy area with strong rental demand
*Solid home with potential for future growth
*Ideal set-and-forget investment
*Rental return $ 540.00 per week (27/01/26 - 27/07/26 )
*Rent appraisal $ 570.00 - $590.00 per week
*ICC Rates - $506.65 per quarter (approx.)
*QUU Water - $462.14 per quarter (approx.)
LOCATION:
Conveniently located close to schools, shopping centres, parks, and public transport, with easy access to major roads and surrounding suburbs.
3 mins to Redbank Plains town square
5 mins to Redbank Plains State School
Walking distance to the bus stop
9 mins to Redbank train station
30 min to Brisbane city
Redbank is one of QLD's best kept secrets, situated close to transport (buses and trains) as well as being convenient to major arterial roads - located between style and convenience and affordability. This property will go away quickly!! Do not miss this exciting opportunity to call PATTY 0421 445 945 or email patty.oldham@century21.com.au to arrange a PRIVATE inspection today.
DISCLAIMER: Miljose Pty Ltd t/a Century 21 Josie Smith and Co has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. All distances, measurements, and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Listing description written by Patty Oldham, Century 21 Josie Smith and Co — reproduced as published, not verified by Districts.