31 Penzance Drive, Redland Bay, QLD 4165 | Property Value & History | OnTheHouse
OFF MARKET

31 Penzance Drive
Redland Bay QLD 4165

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 843m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 3 Aug 2026
Low

High
Save

Property Details for 31 Penzance Dr, Redland Bay

31 Penzance Dr, Redland Bay is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 2003. The property has a land size of 843m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
2003
Land Size
843m2
Local Government
Redland
Lot/Plan
124/SP124449

Last Listing description (March 2022)

This beautiful home has an inviting and very spacious layout, situated on an elevated corner block.
Positioned only metres from the waterfront where you can enjoy the coastal walks and views across Moreton Bay.
The upper level includes a large master bedroom with ensuite and walk in robe and three additional bedrooms and bathroom.

The presentation of this home is truly impressive!! The design offers multiple living spaces.

Features include:
>> Master Bedroom with walk-in robe and superb ensuite (shower, twin sink vanity and separate toilet room) ceiling fans plus water views from balcony.
>> Three bedrooms with carpet, ceiling fans and inbuilt robes.
>> Main bathroom with corner spa bath, vanity with sink and shower.
>> Stylish timber staircase joins the entrance foyer to the upstairs.
>> Under stair storage cupboard.
>> Study room with carpet to the floor.
>> Powder room with shower/toilet and vanity.
>> Huge Dining area with tiled floor.
>> Lounge area with tiled floor and access to outdoor area.
>> Large Rumpus/ entertainment room with access door to the outdoors.
>> Kitchen features a gas cooktop + an amazing amount of storage + dishwasher + quality appliances with outlook to the gardens.
>> Separate laundry room with access to the outside.
>> Fully fenced inground pool with water feature and fully tiles surrounds.
>> Covered and paved outdoor entertaining area overlooking pool.
>> Triple door garage with drive through.
>> Solar panels, security cameras and alarm system. Ready for the new owners.

This property is available for inspection ANYTIME by appointment. Please call us on our 24 hour hotline number now 07 32076000.
To obtain the address please call or email us and we will send it to you as soon as possible.

Property History for 31 Penzance Dr, Redland Bay, QLD 4165

A timeline of how this property has performed in the market
Last Sold
$900,000
24 May 2021
  • 24 May 2021
    Sold for $900,000
  • 21 Apr 2021
    Listed for Sale UNDER CONTRACT
  • 03 Dec 2005
    Sold for $690,000
Sign in to see more transactions
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 8,441 properties. Over the last 5 years, Houses in Redland Bay have seen a 83.30% increase in median value, while Units have seen a 99.83% increase. As at 31 July 2026:

  • The median value for Houses in Redland Bay is $1,249,036 while the median value for Units is $965,370.
  • Houses have a median rent of $760 while Units have a median rent of $650.
There are currently 138 properties listed for sale, and 32 properties listed for rent in Redland bay on OnTheHouse. According to Cotality's data, 472 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
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.