On behalf of Telstra Corporation Limited, Ray White Special Projects QLD proudly offer to market an infill 2,752m²* residential development site in one of South East Queensland's fastest growing areas.
• Proposed Lot Area: 2,752m²*
• Zoned Medium Density Residential
Transaction Summary:
The Buyer is to manage the subdivision of the site and sell the exchange land (Easement in Gross) parcel back to Telstra Corporation Limited for $1. All costs relating to the subdivision are to be borne by the purchaser.
*Approximately
^Subject to Council Approval
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 10,805 properties. Over the last 5 years, Houses in Redbank Plains have seen a 154.11% increase in median value, while Units have seen a 167.57% increase. As at 30 April 2026:
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