67 Penrose Circuit, Redbank Plains, QLD 4301 | Property Value & History | OnTheHouse
OFF MARKET

67 Penrose Circuit
Redbank Plains QLD 4301

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 294m2
Land area: 700m2
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Property Details for 67 Penrose Cct, Redbank Plains

67 Penrose Cct, Redbank Plains is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 700m2 and floor size of 294m2. While the property is not currently for sale or for rent, it was last transferred in February 2025.

Building Type
House
Year Built
2000
Floor Size
294m2
Land Size
700m2
Local Government
Ipswich
Lot/Plan
90/RP880228

Last Listing description (March 2025)

Auction Location: On-site

Discover a remarkable opportunity nestled in a peaceful enclave of Redbank Plains, where potential meets possibility. This property showcases four generously proportioned bedrooms, with the primary bedroom featuring a "his and hers" walk-through robe that leads to a spacious en-suite bathroom - perfect for a luxury primary suite transformation.

The home's layout begins with a wide entrance hallway, drawing you into an impressive open-plan living space ripe for modern updates. The flow between the dual living and dining areas presents excellent potential for contemporary redesign and spatial optimisation. The well-positioned kitchen offers abundant renovation possibilities to create a stunning culinary centrepiece.

Tiling throughout provides a solid foundation for renovation while minimising initial prep work. The covered and enclosed wooden feature patio area presents exciting opportunities for indoor-outdoor living transformation. The two-car remote garage with internal access adds immediate value while offering potential for additional living space conversion.

The generous lot size provides excellent scope for expansion or outdoor living enhancement, while the established neighbourhood suggests strong future growth potential. This home represents an ideal canvas for value-adding improvements, perfect for investors seeking a profitable renovation project or homeowners looking to build instant equity through strategic updates.

Located within easy reach of essential amenities, the property presents compelling opportunities with its solid bones and strategic location in a growing suburb:
- 3 minute drive to Redbank Plains State School
- 6 minute drive to Redbank Plains State High School
- 6 minute drive to Town Square Shopping Centre
- 14 minute drive to Orion Shopping Centre
- 36 minute drive to Brisbane CBD

For investors, the home has been appraised for rent at: $580-$600 per week

If not sold prior, this home will be going to Auction:
Auction Date: 1/2/25 - 1:30PM
Auction Location: On-site

Properties like this do not present themselves very often, so make the most of this opportunity. Get in touch with Peter Ta on 0468 884 602 today for further enquiries and to arrange your inspection.

Disclaimer:
STRUD Property 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.

Property History for 67 Penrose Cct, Redbank Plains, QLD 4301

A timeline of how this property has performed in the market
Last Transferred
$660,000
01 Feb 2025
Listed for Rent
$360/w
01 May 2015
  • 01 Feb 2025
    Transferred for $660,000
  • 13 Jan 2025
    Listed for Sale AUCTION
  • 07 Jul 2021
    Sold for $330,000
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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 11,010 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, 717 properties were sold in the past 12 months in Redbank plains.

Suburb Insights for Redbank Plains 4301

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.