Located in a popular pocket of Redbank Plains, this home offers so much potential. It has great bones of being a well designed home with lots of potential perched on a 1022sqm lot. Close to new amenities and infrastructure that keeps endlessly keeps popping up in this popular suburb such as the $145m Redbank Plains Town Square Shopping Centre, new distributor road to Centenary Hwy creating easy access to Springfield CBD and Brisbane along with the proposed $2-$3 billion Ipswich to Springfield Public Transport Corridor that will see a proposed train stop at Keidges Road, Redbank Plains that is anticipated to be located within 1km of this home. The home does need some work to bring it up to minimal living conditions if you were wanting to rent it out so this provides an opportunity to do some minor work and then rent the property out (anticipated rental yield with minor refurbishment) would be approx. $540-$570pw creating the perfect land banking opportunity or; the perfect family home that's been invested in for the future. This land also could potentially be subdivided* with the home removed, several developments are already under-way in this street within close proximity for similar subdivisions creating one into two lots being approx. 511sqm each* Other amazing features of this home you'll love: o 1022sqm of land with minimal/gentle slopeo Existing home on the land could be refurbished/renovated creating a perfect family home on large land or land banking opportunity with incomeo Great bones with large land, stunning features such as polish timber floors and underneath garageo Red hot area and high growth area of SEQldo Plus much much more This home/opportunity genuinely won't be on the market for long. Property is vacant and ready to go. Call Andy Nutton or Amit Shilvant for more information. *Potential to subdivide is Subject to Council Approval and whilst initial research has been done that seems positive, buyers are encouraged to do their own research and not rely on any agent informationDisclaimer: *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.
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 10,851 properties. Over the last 5 years, Houses in Redbank Plains have seen a 148.19% increase in median value, while Units have seen a 167.69% increase. As at 30 June 2026:
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