26 Penrose Avenue, Redland Bay, QLD 4165 sold on 10 March 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 10 Mar 2026 for $840,000

26 Penrose Avenue
Redland Bay QLD 4165

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 292m2
Save

Property Details for 26 Penrose Ave, Redland Bay

26 Penrose Ave, Redland Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 292m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Redland Bay in the last 12 months.

Building Type
House
Land Size
292m2
Local Government
Redland
Lot/Plan
2/SP351686

Last Listing description (June 2026)

What an incredible opportunity to enter the market, ideal for first home buyers looking to secure their future or investors seeking a solid addition to their portfolio.

This well-presented property is ready to move straight into or rent out immediately. Perfectly positioned just minutes from Victoria Point, the location offers exceptional convenience with shopping centres, cinemas, cafs, restaurants, schools and public transport all within easy reach. Everything you need is right on your doorstep.

Features include:

3 bedrooms with ceiling fans
Central family bathroom with separate toilet
Open plan living and dining area with air conditioning
Functional kitchen with electric cooktop and oven
Covered outdoor entertaining area
Internal laundry
Security screens throughout
Single lock up car accommodation
1 minute walk to Penrose Avenue park/playground
Rental appraisal approx. $620-$650 per week
Council rates approx. $1,000 per quarter
Built circa 1991
School catchment for Victoria Point State School & Victoria Point State High School

Redland Bay offers a vibrant lifestyle with a welcoming village atmosphere. Enjoy a round of golf at the award-winning Redland Bay Golf Course, lunch at the iconic Redland Bay Hotel, and the convenience of everyday essentials close by, including Woolworths, boutique shopping, schools, childcare centres, bus services, and a boat ramp providing easy access to Moreton Bay and its islands. The nearby satellite hospital and a full range of essential services further enhance the area's appeal.

Perfectly positioned for commuters and weekend escapes alike, the property is approximately 45 minutes from Brisbane CBD, 40 minutes from Brisbane Airport, and 55 minutes from the Gold Coast.

Property History for 26 Penrose Ave, Redland Bay, QLD 4165

A timeline of how this property has performed in the market
Last Sold
$840,000
10 Mar 2026
  • 10 Mar 2026
    Sold for $840,000
  • 18 Feb 2026
    Listed for Sale Offers Over $799,000
Commute Calculator

About Redland Bay 4165

The size of Redland Bay is approximately 47.6 square kilometres. There are 40 parks, covering nearly 13.5% of the total area. The population of Redland Bay in 2016 was 14958 people. By 2021 the population was 17056 showing a population growth of 14.0% in the area during that time. The predominant age group in Redland Bay is 10-19 years. Households in Redland Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redland Bay work in a trades occupation.In 2021, 75.50% of the homes in Redland Bay were owner-occupied compared with 73.20% in 2016.

Redland Bay has 8,392 properties. Over the last 5 years, Houses in Redland Bay have seen a 91.96% increase in median value, while Units have seen a 108.08% increase. As at 31 May 2026:

  • The median value for Houses in Redland Bay is $1,267,501 while the median value for Units is $987,866.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 121 properties listed for sale, and 39 properties listed for rent in Redland bay on OnTheHouse. According to Cotality's data, 432 properties were sold in the past 12 months in Redland bay.

Suburb Insights for Redland Bay 4165

Market Insights
Redland Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Redland Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agency
agent headshot
Show contact details
Redlands Coast Properties
Preferred contact:
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.