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.
$575,000
Last sold
26 Mar 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
506 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
$575,000
26 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Redbank (last 5 years) with land size have a median of $1,338/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
-33.5%
Median sale
Suburb $865,000
+1.64 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 Harcourts Redbank PlainsIf it is something that has a bit of charm and character to it, then look no further! This stunning home will impress everyone that sees it with its clever blend of timeless elegance and modern living. Nestled on a 506 m2 block, in a friendly cul de sac, but only a short walk from the conveniences of Redbank. You'll easily be able to jump on the train directly to the City and can even stop at the pub and shops on the way home!
This lovely property features a spacious layout with multiple living areas, perfect for entertaining guests or relaxing with family. The kitchen is modern and well-equipped, with plenty of storage space and a breakfast bar for casual dining.
The bedrooms are generously sized and offer plenty of natural light, creating a warm and inviting atmosphere. The master bedroom includes a well appointed ensuite for added convenience which is an unusual bonus for a character property at this price point. The main bathroom is equally well appointed!
Outside, the property boasts a large level backyard with a beautiful covered deck - ideal for hosting BBQs or enjoying a quiet morning coffee. The garden is low-maintenance and perfect for those with a green thumb who want to make the most of the possibilities.
• Large fenced landscaped yard - 506sqm
• Polished timber flooring to living area and quality carpets to the rest.
• High ceilings, indicative of character homes allowing natural light and feeling of abundance
• Functional kitchen with ample bench and cupboard space, compete with dishwasher and 5 plate induction cook top
• Brand new air conditioner unit to lounge and dining area
• Large open plan dining / lounge / kitchen
• Seperate living area with french doors that open and allow for free flowing access to the private covered outdoor area - Perfect for entertaining or relaxing at home.
• Master bedroom with private ensuite and cupboard
• Large second bedroom with built in cupboard
• Third bedroom a great size for childs room or spacious office
• Private internal laundry
• Ceiling fans in all bedrooms, lounge/dining areas and outdoor balcony
• Flood Free Location
• Smoke Alarm Compliant
For your convenience, a totally independent building and pest inspection has been carried out. This can be purchased by interested parties for $29 and allows you buy with confidence as the inspection warranty will be transferred to the successful buyer. Should you be the successful buyer a further nominal fee is payable.
As the property is vacant it is perfect for those looking to move in straight away, whilst making inspections easy to arrange although feel free to come along to one of the open homes as well. For any other information please call John Schlamm on 0421 230 977.
Listing description written by John Schlamm, Harcourts Redbank Plains — reproduced as published, not verified by Districts.