5/4 Spencer Street, Redbank, QLD 4301 | Property Value & History | OnTheHouse
 
OFF MARKET

5/4 Spencer Street
Redbank QLD 4301

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 157m2
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Last updated 8 Dec 2025
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Property Details for 5/4 Spencer St, Redbank

5/4 Spencer St, Redbank is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2009. The property has a land size of 157m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Townhouse
Year Built
2009
Floor Size
116m2
Land Size
157m2
Local Government
Ipswich
Lot/Plan
5/SP222688

Last Listing description (December 2024)

Welcome to Unit 5/4 Spencer St in Redbank
Block of only 6 units in this complex & majority are owner occupied.

**PLEASE NOTE PHOTO,S ARE INDICATIVE ONLY OF THIS TOWNHOUSE**

This well maintained modern two story townhouse is currently tenanted to May 2025 and is a ready to go investment or you can occupy at the end of the lease

Modern decor with downstairs open plan living, kitchen/dining with sliding doors straight out to your under cover outdoor entertaining space makes this everything you need on ground level, including a toilet with basin tucked in under the stairs.
Access from your garage with laundry & storage into this space means all your day to day living is on one level.
The kitchen has a large pantry and plenty of bench space with glass splash-backs and electric oven.
You will find a split system air-con in this living space for year round comfort, plus one in the main bedroom.
The outside courtyard is ready for some lovely pots and plants, just perfect for summertime BBQ,s and it's under cover giving protection from the weather. Low maintenance with artificial lawn.

Upstairs you have 3 carpeted bedrooms with built in robes and two of them have access to a lovely outside timber deck through glass sliding doors.
The bathroom has a bath for the kids plus there is a second seperate toilet and broom cupboard for convenience upstairs too.

Holding Costs:
Ipswich rates: Approx $556 per Quarter
Water Rates: Approx $260 per Quarter
Body Corp: Approx $1026 per Quarter
Currently rented at: $430pw with lease expiry of 25/05/25

This property has a great tenant in place currently so no down time as an investor but can be owner occupied at the termination of the lease which is currently May 2025

Situated walking distance to Redbank Shopping centre, with easy access to the motorway & surrounded by schools, trains, buses and all the facilities you could possibly want from your new home or on a tenants wish list.......this is a highly sort after unit.

- Modern Kitchen with Glass Splashbacks
- 2 Seperate Toilets
- All Living can be done downstairs
- 3 Bedrooms upstairs
- Easy care gardens & maintenance with water Tank
- - Fabulous Location close to all facilities
- - two outdoor entertainment spaces
- 2 x Split System Air-Cons

Open Home Times will be posted soon -

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Property History for 5/4 Spencer St, Redbank, QLD 4301

A timeline of how this property has performed in the market
Last Sold
$490,000
14 Oct 2024
Listed for Rent
$400/w
25 May 2023
  • 14 Oct 2024
    Sold for $490,000
  • 26 Sep 2024
    Listed for Sale CONTACT AGENT
  • 05 May 2023
    Listed for Rent $400 / week
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About Redbank 4301

The size of Redbank is approximately 8.3 square kilometres. It has 9 parks covering nearly 3.1% of total area. The population of Redbank in 2016 was 1834 people. By 2021 the population was 2931 showing a population growth of 59.8% in the area during that time. The predominant age group in Redbank is 20-29 years. Households in Redbank are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redbank work in a labourer occupation.In 2021, 40.40% of the homes in Redbank were owner-occupied compared with 49.60% in 2016.

Redbank has 1,391 properties. Over the last 5 years, Houses in Redbank have seen a 129.70% increase in median value, while Units have seen a 162.37% increase. As at 30 November 2025:

  • The median value for Houses in Redbank is $838,189 while the median value for Units is $603,121.
  • Houses have a median rent of $550 while Units have a median rent of $465.
There are currently 7 properties listed for sale, and 8 properties listed for rent in Redbank on OnTheHouse. According to Cotality's data, 65 properties were sold in the past 12 months in Redbank.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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