59 Locke CrescentRedbank Plains QLD 4301
Property Details for 59 Locke Cres, Redbank Plains
59 Locke Cres, Redbank Plains is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2020. The property has a land size of 450m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (December 2023)
- NEAR-NEW DUAL-KEY RESIDENCE, BUILT IN 2020
- LOCATED IN ONE OF THE FASTEST GROWING REGIONS IN IPSWICH
- MINUTES FROM LOCAL SCHOOLS, SHOPS, PUBLIC TRANSPORT, PARKLANDS
- UNIT 1 (3 BED/2 BATH) RETURNING $420PW UNTIL SEP 2024
- UNIT 2 (1 BED/1 BATH) RETURNING $300PW UNTIL JAN 2024
- RENTAL APPRAISAL COMBINED FOR $750-$770 PW
You can call it a "dual-key" (as I do), a "duplex," a "dual-occupancy dwelling" - or you can call it "an incredible opportunity for an investor add to their portfolio a property built in early 2020 which is currently returning $720 per week in rent ($400 -> Sep 2024 + $320 -> Jan 2024) with the potential to return $750-$770 per week in total." Bit of a mouthful, though.
Redbank Plains has ONCE AGAIN been ranked as one of the fastest growing suburbs in Ipswich, coming in as one of the best performers in the region for both population growth and new dwellings (contact me for a copy of the report covering this in detail). It has long been considered a blue chip region for investment, and for good reason - in 2023 we've so far seen a 5.1% price growth, a period where many other regions saw prices drop instead!
With a sleek and modern design and colour palate throughout, this property presents itself beautifully and have been well-looked after by the current owners with regards to maintenance - even the little jobs like air conditioner servicing has recently been taken care of.
This is all located in an incredibly convenient location, just a short drive from local amenities including both the Redbank Plaza and Town Square Redbank Plains shopping centres with Springfield Orion just a little bit further (about 10 minutes away by car). Public transport, parks and schooling options (both primary and secondary, and public and private) are all close by, and great road and highway connections means the Ipswich and Brisbane CBDs are about 15 and 35 minutes away, respectively.
Contact the listing agent for more information on this incredible investment opportunity in one of the most hotly-contested regions in Ipswich, or to register your interest.
Property History for 59 Locke Cres, Redbank Plains, QLD 4301
- 07 Nov 2023Sold for $680,000
- 18 Oct 2023Listed for Sale Offers Over $649,000
- 27 Aug 2020Listed for Rent $340 / week
Recent sales nearby
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0About Redbank Plains 4301
The size of Redbank Plains is approximately 18.0 square kilometres. It has 31 parks covering nearly 9.0% of 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 10,697 properties. Over the last 5 years, Houses in Redbank Plains have seen a 141.10% increase in median value, while Units have seen a 136.16% increase. As at 30 November 2025:
- The median value for Houses in Redbank Plains is $809,546 while the median value for Units is $628,323.
- Houses have a median rent of $580 while Units have a median rent of $498.
Suburb Insights for Redbank Plains 4301
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