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QLD › Redbank Plains › Locke Cres

68 Locke Cres, Redbank Plains QLD 4301

House

$925,000

Last sold

11 Feb 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

451 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $925,000 (11 Feb 2026).(Recorded sale)
  • FactLand 451 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Redbank Plains (last 5 years) with land size: median $1,485/m² of land (n=131). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$925,000

11 Feb 2026 · derived via latest_sale

Local land rate: recorded House sales in Redbank Plains (last 5 years) with land size have a median of $1,485/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.

See the full Redbank Plains report →

Vs Redbank Plains

+4.8%

Median sale

Suburb $883,000

-0.15 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$925,00011 Feb 2026
  2. Listedprice unknowncompleted6 Jan 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Redbank Plains in one glance

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.

See the full Redbank Plains report →

Keep researching

  • Why Redbank Plains? Read the area thesis →
  • What else is on the market in Redbank Plains →
  • Other records on Locke Cres →

Listing material

Listed by Aries Properties

Modern Home Built 2019 – Investment Today, Home Tomorrow

Aries Properties are proud to present this stylish 4-bedroom residence in Redbank Plains, built in 2019 and positioned in a high-demand growth corridor. Currently tenanted at $630 per week until 25 March 2026, this property offers immediate income for investors and a clear pathway for first-home buyers planning ahead.

Whether you’re looking to secure a strong-performing investment now or lock in your future home, this property delivers flexibility, modern comfort, and long-term value.

Rates & Water:

Read the full description

- Rates: $666.80 per quarter

- Water rates: Approximately $293.13 per quarter

Why You’ll Love It:

• Currently leased at $630 per week until 25/03/2026

• Built in 2019 – modern design with low maintenance

• Ideal for investors seeking immediate returns

• Perfect for first-home buyers planning to move in later

• Located in a high-growth, family-friendly area

Property Features:

• Master bedroom with ensuite and walk-in robe

• Three additional bedrooms with built-in robes

• Separate media room or second living space

• Spacious open plan living and dining area

• Modern kitchen with quality finishes

• Separate laundry with side access

• Separate bathroom and toilet

• Private garden and covered outdoor patio

Location Benefits:

• Close to schools, childcare, parks, shopping centres, and transport

• Easy access to Springfield Central, Ipswich, and major road networks

• Approx. 37 minutes to Brisbane CBD and Brisbane Airport

This is a smart buy in a thriving location — offering income security today and lifestyle opportunity tomorrow.

Disclaimer:

Some images used in this advertisement have been virtually styled and/or digitally enhanced to illustrate the potential of the property. These images are for illustration purposes only. Prospective purchasers are encouraged to conduct their own inspections and enquiries to satisfy themselves as to the property’s features, condition, and suitability.

Listing description written by Sambat Pande, Aries Properties — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Toilets: 2

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.