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QLD › Redbank Plains › Lamington Dr

U2, 12 Lamington Dr, Redbank Plains QLD 4301

For saleSemi-detached

$730,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

363 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $730,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $730,000(Listing record · 23 June 2026)
  • CalculationRecorded Semi-detached sales in Redbank Plains (last 5 years) with land size: median $2,940/m² of land (n=4). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 17% below the Redbank Plains median recorded sale ($883,000, n=138, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Redbank Plains's advertised median rent ($569/wk), implied gross yield would be 4.05% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$730,000

Asking · $2,011/m² of land

No recorded sale for this property.

Local land rate: recorded Semi-detached sales in Redbank Plains (last 5 years) with land size have a median of $2,940/m² of land (n=4). 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

-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.

Total cost to purchase

Purchase Price
$730,000
Stamp Duty (Queensland)
$25,875
Transfer/Registration Fee
$2,809
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$762,384

$32,384 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Redbank Plains's advertised median rent — not a rent for this listing.

Net yield
2.55%
Annual cashflow (pre-tax)
$-19,322
Interest cover (DSCR)
0.49
Annual rent
$29,588
Operating expenses
$10,950
Loan amount
$584,000
Annual interest
$37,960
Gross yield
4.05%

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.

Open the full yield calculator →

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. Listed$730,000available23 June 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

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

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 Lamington Dr →

Listing material

Listed by Ray White AKG & Daisy Hill

Freshly Updated & Ready to Move In.

Positioned in a convenient and family-friendly pocket of Redbank Plains, 2/12 Lamington Drive presents an excellent opportunity to secure a low-maintenance property that has been refreshed and is ready for its next owner. Featuring fresh paint to the bedrooms and brand-new carpet throughout, this well-presented home offers comfort, practicality and outstanding value for first home buyers, downsizers and investors alike.

Designed for easy living, the home features an open-plan layout that seamlessly connects the kitchen, living and dining areas. Filled with natural light, the central living space provides a welcoming setting for everyday living and entertaining.

The well-appointed kitchen offers practical bench space, ample storage and quality appliances, ensuring functionality for busy households.

Read the full description

Accommodation comprises three well-sized bedrooms, all complete with built-in wardrobes. The master bedroom features its own private ensuite, while the remaining bedrooms are serviced by the main bathroom, creating a practical layout for families, guests or shared living arrangements.

Outside, the fully fenced yard provides a private and easy-care outdoor space, ideal for children, pets or those seeking a low-maintenance lifestyle. Completing the package is a single lock-up garage with internal access, providing secure parking and everyday convenience.

Property Features:

• Three spacious bedrooms with built-in wardrobes

• Master bedroom complete with private ensuite

• Main bathroom servicing the additional bedrooms

• Spacious open-plan living and dining area

• Well-appointed kitchen with ample storage and bench space

• Fresh paint throughout bedrooms

• Brand-new carpet throughout

• Ceiling fans throughout

• Single lock-up garage with internal access

• Fully fenced, low-maintenance yard

• Ideal for owner-occupiers and investors alike

Location Highlights:

• Positioned in a convenient and family-friendly pocket of Redbank Plains

• Close to local schools, childcare facilities and parks

• Minutes from Redbank Plains Town Square and everyday amenities

• Easy access to public transport options

• Convenient connection to Ipswich, Springfield and Brisbane

• Surrounded by established residential homes and community facilities

Whether you're searching for your first home, looking to downsize, or seeking a quality addition to your investment portfolio, 2/12 Lamington Drive offers a fantastic opportunity to secure a move-in-ready property in a sought-after location.

Opportunities like this do not come around often. Be sure to contact Kenton de Klerk on 0422 727 332 to arrange your inspection.

Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. We have, in preparing this advertisement, used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Kenton De Klerk, Ray White AKG & Daisy Hill — reproduced as published, not verified by Districts.

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

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