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.
$808,000
Last sold
24 Oct 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
509 m²
Land
113 m²
Building
Districts View
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
$808,000
24 Oct 2025 · 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
-6.6%
Median sale
Suburb $865,000
+0.23 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 EvolutionWelcome home to 3 Luke Place, Redbank a comfortable and well-laid-out 4-bedroom, 2-bathroom home featuring a smart floorplan and plenty of space inside and out. Perfectly suited to growing families, with convenient access to schools, shops, and major transport routes. A secure investment that delivers on all fronts.
Step inside to an open-plan living and dining area, complete with split system air-conditioning for year-round comfort. The kitchen is positioned at the heart of the home and offers plenty of bench space and storage, while providing a clear view into the dining and living areas perfect for keeping an eye on the kids or staying connected while entertaining.
Sliding doors open to a spacious backyard, ideal for BBQs, gatherings, or letting the kids run and play in a secure space.
The home also features a spacious 2-car lock-up garage with internal laundry facilities, adding convenience and practicality.
Each of the four generously sized bedrooms is thoughtfully appointed with built-in robes and ceiling fans, ensuring plenty of storage and comfortable airflow throughout the year. The master suite offers a private sanctuary, featuring a spacious walk-in robe and a functional ensuite, providing practical comfort and privacy for homeowners.
Property Features:
• 4 bedrooms with built-in robes and ceiling fans
• 2 bathrooms, including ensuite to the master
• Open-plan living/dining with split system air-conditioning
• Functional kitchen with great bench space and a view into the living areas
• Spacious backyard - perfect for entertaining or family play
• Spacious 2-car lock-up garage with internal laundry and direct backyard access
• Quiet, family-friendly location close to schools, shops & transport
• Easy access to Ipswich Motorway - approx. 30 mins to Brisbane CBD
Ideally positioned near the vibrant Redbank Plaza-a major shopping hub featuring over 86 stores. Families will appreciate the close proximity to quality local schools, with Redbank State School (Prep-6) just around the corner and Redbank Plains State High School (Years 7-12) only a short drive away. With easy access to the Ipswich Motorway and Redbank train station, commuting to the Brisbane CBD takes approximately 30 minutes, making this an ideal location for both families and professionals seeking a balance of suburban comfort and city connectivity.
This property presents a fantastic investment opportunity, currently tenanted until 3rd July 2026 with a reliable long-term lease in place. Generating a strong rental income of $600 per week, this property presents a great opportunity for investors seeking reliable, long-term rental income.
Whether you're investing or buying to live in down the track, 3 Luke Place, Redbank is a home with both comfort and potential.
Disclaimer: The information provided herein is based on sources considered reliable, but it is strongly recommended to verify its accuracy independently. Harcourts Asset do not assume responsibility for any inaccuracies or errors in the information provided. Photos are for visual reference only and may not depict current conditions. This includes but is not limited to virtual staging and or furnishings depicted, item removal or photo editing for advertising purposes. Harcourts Evolution strongly recommend visiting the property in person for an accurate assessment
Listing description written by Ratio Rajput, Harcourts Evolution — reproduced as published, not verified by Districts.