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
$730,000
For sale
Asking
3
Bedrooms
1
Bathrooms
2
Car spaces
655 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
$730,000
Asking · $1,115/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
-17.3%
Median sale
Suburb $883,000
+0.70 pp
Gross yield
Suburb 3.35%
Suburb median $883,000 from 138 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$32,384 on top of the price (4.4% 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 4.1%. 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 Century 21 Josie Smith and CoWhether you're searching for your first home, looking to downsize, or wanting a smart investment, this well-maintained low-set brick home offers comfort, versatility, and exceptional value in a convenient Redbank Plains location.
Designed for easy living, this home features three generous bedrooms, a practical two-way bathroom, and an additional lock-up garage that provides endless possibilities. Need a home office? A fourth bedroom? A hobby room or home gym? This flexible space is ready to adapt to your lifestyle.
Property Features:
* Year Built: 1994 | Internal: 183m2 I External: 655m² allotment
* 3 spacious bedrooms
* Spacious living area filled with natural light
* Functional kitchen with ample cupboard and bench space
* Two-way family bathroom with convenient access from the master bedroom
* Lock-up garage ideal as study/home office – easily converted into a 4th bedroom
* Master bedroom with air-conditioning
* Separate living area with air-conditioning
* Open-plan dining area flowing to a covered alfresco entertaining space with total privacy , perfect for outdoor dining and leisure.
* Freshly painted interiors
* Large garden at back – perfect for families, pets, or outdoor entertaining
* Rainwater tanks for substantial savings on monthly utilities
* 8Kw 32 solar panels plus solar hot water for extra electricity savings
* NBN fibre connection to the premises
* Storage shed for tools, equipment, or hobby space
* Elevated block capturing breezes and leafy outlooks
* Solid low-set brick construction
**Please note, that furniture has been digitally added to the photography **
INVESTOR:
Rental Appraisal - $575 to $585 per week
ICC Rates - $ 685.75 per quarter (approx.)
QUU Water - $ 279.86 per quarter (approx.)
Homes that offer flexible living spaces are becoming increasingly sought after. Whether you're working from home, need extra room for guests, or simply want additional storage, this home gives you options without the extra price tag.
Conveniently located close to schools, shopping centres, parks, public transport, and major road links, everything you need is just minutes away.
This is a fantastic opportunity to secure an affordable home with room to grow and the flexibility to suit your changing lifestyle.
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.
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