22 Penrose Circuit, Redbank Plains, QLD 4301 sold on 06 January 2026 | OnTheHouse
 
SOLD
Sold on 06 Jan 2026 for $780,000

22 Penrose Circuit
Redbank Plains QLD 4301

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 422m2
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Property Details for 22 Penrose Cct, Redbank Plains

22 Penrose Cct, Redbank Plains is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 422m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 3 bedroom House sold in Redbank Plains in the last 12 months.

Building Type
House
Land Size
422m2

Last Listing description (January 2026)

If you're looking for a strong, reliable investment with immediate returns, this modern 3 bedroom home ticks every box.

Securely leased at $600 per week until November 2026, this property provides instant income with a long term tenant who values the home and its location.

Set on a low maintenance 422m² block and built around 2009, the property offers contemporary living in a high demand rental pocket, making it an appealing option for investors wanting a stress free addition to their portfolio.

Key Features:

* Three spacious bedrooms, all with built-in wardrobes
* Master with ensuite, ideal for long term tenant retention
* Open-plan living and dining
* Fully covered outdoor entertaining area
* Modern kitchen with ample storage and stainless appliances
* Air-conditioning for year round comfort
* Single lock up garage + off-street parking
* Fully fenced backyard, low maintenance for easy upkeep
* Approx. 145m² internal floor area

Investment Highlights:

Current rent: $600 per week
Lease secured until: November 2026
Ipswich City Council rates: approx. $698 per quarter
Water/sewerage: approx. $352 per quarter (usage + access)
Strong rental demand ensures ongoing stability
Low-maintenance construction = reduced long-term expenses
Located in a proven growth corridor with excellent rental yields

Location Benefits:

Minutes to Town Square Redbank Plains Shopping Centre
Close to multiple schooling options & childcare
Easy access to parks, bus transport, Ipswich CBD and Springfield Central
Surrounded by modern homes in a well established estate

Call Emma today or be prepared to miss out!

Disclaimer:
Qteam Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct 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.

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Property History for 22 Penrose Cct, Redbank Plains, QLD 4301

A timeline of how this property has performed in the market
Last Sold
$780,000
06 Jan 2026
Listed for Rent
$310/w
17 Oct 2017
  • 15 Dec 2025
    Sold for $780,000
  • 12 Dec 2025
    Listed for Sale Offers Over $789,000
  • 29 Aug 2017
    Listed for Rent - Price not available
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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 11,009 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.
There are currently 127 properties listed for sale, and 44 properties listed for rent in Redbank plains on OnTheHouse. According to Cotality's data, 723 properties were sold in the past 12 months in Redbank plains.

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Emma Robinson
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Q Team Realty
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© Copyright 2026. 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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