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 › Peggy Cres
$554,800
Last sold
26 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
554 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
$554,800
26 May 2023 · 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
-37.2%
Median sale
Suburb $883,000
+1.98 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 SpringfieldHarcourts is proud to present this charming 4-bedroom, 2-bathroom 2- garage house set on 554sqm block of land, nestled in a highly desirable area of Redbank Plains. Recently painted and with brand new carpets installed, it is a must-see property to appreciate what is on offer, do not wait longer or forever miss out on this rare opportunity.
This home is perfect for the homebuyer with a growing family and this exceptional opportunity won't be available for long. Situated in a quiet cul-de-sac this classic open plan home is inviting with charm and appeal, situated among other well-presented homes in this estate, and close to local amenities including a children's play park, schools, shops and transport links.
Features:
• 4 bedrooms - Master with Ensuite
• Two bathrooms which include the private ensuite to the master bedroom
• Spacious dining & living area adjacent from the kitchen
• Separate WC
• Quality entertainer's kitchen
• Air Conditioned
• Spacious outdoor Patio
• 554m2 allotment with side access
•Close to Redbank Plains State High School 2.5km
•Private Staines school 1.6km.
•3 minutes walk to the local parks
•5 minutes drive to Town Square Redbank Plains
•Within 1.5km to new Woolworths shopping centre
•35 minute drive to Brisbane's CBD
The home is less than a 35 minute drive to the Brisbane CBD, and is also just a short drive to the Redbank Plains Town Square, Redbank Plains Primary and High Schools, and only a short 10-minute drive to Greater Springfield with Orion Shopping Centre, Springfield University, Robelle Domain Parklands and Orion Lagoon Swimming Pools all nearby.
For those interested investors this could achieve a weekly rental income of $500 - $520 per week.
For any further information on this property please contact NIL on 0430 704 300, otherwise we'll see you at the next open home!
Listing description written by Nil Basheri, Harcourts Greater Springfield — reproduced as published, not verified by Districts.