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 › Greenhill St
$899,000
For sale
Asking
4
Bedrooms
2
Bathrooms
0
Car spaces
225 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
$899,000
Asking · $3,996/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
+1.8%
Median sale
Suburb $883,000
-0.06 pp
Gross yield
Suburb 3.35%
Suburb median $883,000 from 138 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$40,780 on top of the price (4.5% 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 3.3%. 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 Harcourts EvolutionPositioned in a quiet, family-friendly street in Redbank Plains, 8 Greenhill Street presents an outstanding dual-occupancy investment designed to deliver strong rental appeal, excellent cash flow potential and long-term growth. Built in 2016 on a low-maintenance 225m² allotment, this modern property comprises two fully self-contained residences under one title, making it an ideal addition to any investment portfolio.
At the front of the property is the fully self-contained one-bedroom studio apartment, thoughtfully designed to provide complete independence from the main residence. The studio features its own modern kitchen complete with stainless steel appliances and ample storage, a well-appointed bathroom and a comfortable open-plan living area with split-system air conditioning for year-round comfort, creating a highly functional home in its own right. A private carport provides dedicated off-street parking.
Privately situated at the rear of the property, the main residence is a thoughtfully designed three-bedroom home that offers a practical floorplan with modern finishes and broad tenant appeal. Each bedroom is generously sized and fitted with built-in robes and ceiling fans, while the master bedroom enjoys the added comfort of a private ensuite. The air-conditioned open-plan living and dining area is complemented by a well-appointed kitchen featuring stainless steel appliances, ample storage and generous bench space, creating a functional space for everyday living and entertaining. Sliding doors open onto the private courtyard positioned between the two residences, providing a peaceful outdoor retreat that is perfect for entertaining family and friends or simply unwinding after a long day. The home also includes a secure lock-up garage, adding convenience and practicality for tenants.
Designed specifically to maximize rental performance while maintaining privacy between the two dwellings, the dual-occupancy layout offers investors the advantage of two independent income streams with minimal ongoing maintenance. The property is currently fully tenanted, generating strong combined rental returns, providing immediate cash flow from day one and making it an attractive, set-and-forget investment opportunity with excellent long-term potential.
Conveniently located in the heart of Redbank Plains, the property enjoys easy access to a wide range of everyday amenities, including Town Square Redbank Plains, Orion Springfield Central, a selection of quality primary and secondary schools, childcare facilities, parks and recreational spaces. With convenient access to major transport corridors, Brisbane CBD is approximately 35 to 40 minutes away, while the Gold Coast can be reached in around 90 minutes, making this an appealing location for both tenants and owner-occupiers alike.
Enquire now - This one wont last long!
The information provided herein is based on sources considered reliable, but it is strongly recommended to verify its accuracy independently. Harcourts Evolution 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.