12 Coleen CourtRedbank Plains QLD 4301
Property Details for 12 Coleen Ct, Redbank Plains
12 Coleen Ct, Redbank Plains is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 1214m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (October 2025)
Here's an incredible opportunity you won't want to miss! Nestled in the heart of Redbank Plains, this property offers a rare chance to capitalize on a prime development site. Currently featuring a 3-bedroom home generating $620 per week in rental income, you can enjoy the returns while you explore the myriad of possibilities this property has to offer.
Land Subdivision: Land is at a premium in Redbank Plains, and this property comes with an approved development application (DA) that allows you to subdivide the site into two blocks. One block measures 605sqm, while the other is 609sqm. You can sell one as vacant land and achieve an impressive 9% rental yield on the existing home, making it a sound long-term cash flow investment.
Auxiliary Dwelling Opportunity: Looking to maximize your income potential? We've priced out a package with CJ Homes Builders that enables you to construct a 4-bedroom, 3-bathroom, 2-car auxiliary dwelling on the subdivided block. This package allows you to derive rental income from both dwellings on the property. With auxiliary dwellings fetching an average of $750 per week, your investment could yield a substantial $70,000 per annum.
Land Banking Strategy: In the current market, land banking is a tried-and-true investment strategy. Surrounded by large developments like Springfield Rise, Fernbrooke Ridge, and Brentwood Forest, this area offers prime land market potential. By purchasing this property now and generating returns, you can position yourself to benefit from future land sales.
With these versatile options, you can choose the path that aligns best with your investment goals.
All above STCA*
Property Features:
3 Generous Bedrooms: Two with built-in robes.
Master Suite: Features a walk-in robe, ensuite, and access to a covered deck.
Comfortable Living: Ceiling fans throughout and air conditioning in the open plan living/dining/kitchen area.
Outdoor Entertainment: A covered rear deck for all your entertaining needs.
Spacious Main Bathroom: Includes a separate bath and shower.
Kitchen: Well-equipped with countertops, ample cupboards, and an electric cooktop.
Downstairs:
Multipurpose Rooms: Two large multipurpose rooms.
Kitchenette: Convenience for downstairs living.
Teenage Retreat: Extra room for privacy.
Separate Shower
Large Laundry
Undercover Area: Access to the garden.
Outside and Surrounding the Property:
Outdoor Entertaining: A covered area overlooking the large fenced backyard, perfect for low-maintenance living.
Shed and Carport: A 6m x 6m shed with a 3m x 6m carport attached, fully powered and water connected.
Garden Sheds: Two 3x3 garden sheds.
Rainwater Tanks: Two large 5,000Ltr tanks to service the yard.
Ample Parking: Plenty of parking space to the front and back.
Solar: A 6.6kw solar system to help reduce energy costs.
The location of this property is unbeatable, with Orion Shopping Centre less than 10 minutes away, local schools and Redbank Plaza just minutes away, and a convenient 30-minute commute to Brisbane City. Don't miss out on this incredible development opportunity contact Kristian at 0447 008 477 for more information today!
Disclaimer:
*Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.
Property History for 12 Coleen Ct, Redbank Plains, QLD 4301
- 10 Oct 2023Sold for $710,000
- 21 Sep 2023Listed for Sale UNDER CONTRACT
- 13 Jul 2022Listed for Rent $620 / week
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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 10,993 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.
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