11 Somerfield StreetRedbank Plains QLD 4301
Property Details for 11 Somerfield St, Redbank Plains
11 Somerfield St, Redbank Plains is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 729m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (January 2019)
Rarely do you see a property with such high yield - this duplex sits on one title and offers two income streams!
Centrally located within walking distance to shops, and in close proximity to schools, parks, public transport and amenities - this property is a short drive away from major shopping centres and the Ipswich Motorway (M2).
Excellent long term tenants make this low maintenance property a true set-and-forget investment.
This Property offers the perfect opportunity to fast track your future wealth. It is the fast and easy way to owning your own investment property with the added benefit of having the option to live in or rent out depending on your needs.
Property Features:
- 2 x two bed (each with built in wardrobes), 1 bath + lockup garage - opportunity to Strata title and value add.
- Open plan living & dining
- Neat & tidy kitchen
- Internal laundry with skylight
- Two single lock up garage
- Room for extra off-street parking
- Fully fence yard suitable for children and small pets
- NBN connected
Investor Information:
- Appx 6.95% gross Yield
- Total rental income $515 / week
- Long term tenants in place
- Low maintenance property
- One Title with two rental properties
- One set of council rates and utilities for both properties
Suited to investors looking for their first property, or to add to their investment portfolio. Be quick and don't let this opportunity get away, book your inspection today!
Property History for 11 Somerfield St, Redbank Plains, QLD 4301
- 05 May 2020Listed for Rent - Price not available
- 22 Nov 2018Sold for $382,500
- 05 Nov 2018Listed for Sale Not Disclosed
Recent sales nearby
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About Redbank Plains 4301
The size of Redbank Plains is approximately 18.0 square kilometres. There are 31 parks, covering nearly 9.0% of the total area. The population of Redbank Plains in 2016 was 19299 people. By 2021 the population was 24349 showing a population growth of 26.2% in the area during that time. The predominant age group in Redbank Plains is 0-9 years. Households in Redbank Plains are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redbank Plains work in a community and personal service occupation.In 2021, 39.70% of the homes in Redbank Plains were owner-occupied compared with 42.20% in 2016.
Redbank Plains has 10,995 properties. Over the last 5 years, Houses in Redbank Plains have seen a 142.27% increase in median value, while Units have seen a 158.54% increase. As at 31 July 2026:
- The median value for Houses in Redbank Plains is $909,630 while the median value for Units is $743,839.
- Houses have a median rent of $600 while Units have a median rent of $500.
Suburb Insights for Redbank Plains 4301
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