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 › Stormbird St
$432,000
Last sold
7 Sept 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
448 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
$432,000
7 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Redbank Plains (last 5 years) with land size have a median of $1,509/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
-51.1%
Median sale
Suburb $883,000
+3.50 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 Harcourts Greater SpringfieldSituated amongst other well-presented homes in a new estate, yet close to local amenities such as a children's play park, schools, shops, and transport links - you don't need to travel far to get to the important things you need. This home certainly looks like the picture from the street with its clean, modern design. You will certainly be proud to call this place home. Consisting of the most popular configuration of 4 bedrooms, 2 bathrooms, and a double garage, this should suit the majority of people who are looking to buy in the area
As it is only a couple of years old, you can benefit from all the bonuses of a newer home - the latest designs, modern fixtures, and fittings (plus the bonus of depreciation if you are an investor!). As a bonus, you will save money as this house is being sold at a lower price than what it would cost to build!
Features include
• 4 large bedrooms with the master bedroom including private Ensuite walk-in robe, ceiling fan, and air-conditioning
• Large open plan living with air-conditioning
• Modern kitchen with stone top benches and cupboard space and stainless-steel appliances including a dishwasher
• Covered balcony off the back of the property with ceiling fan and light and great views
• Main bathroom with separate bath and shower
• Fully fenced low maintenance backyard
• Remote double lock up garage
• Current Rental return of $400 per week.
More Information:
• Water rates approximately $500 per quarter
• Council Rates approximately $180 per quarter
So, if you are looking to find somewhere to settle down with your family or are keen to invest in the popular suburb of Redbank Plains, please make the time to inspect this property. The property currently has excellent tenants with a lease until March 2022, who would love to stay,
Ray White is committed to adhering to the Australian and State Government regulations around open homes and property inspections. Strict Social Distancing and hygiene rules to be adhered to. Conditions of Entry will be applied.
Please call us to book an appointment to inspect this property before it's gone.
Listing description written by Eby Augustine, Harcourts Greater Springfield — reproduced as published, not verified by Districts.