48 Spinnaker Circuit, Redland Bay, QLD 4165 | Property Value & History | OnTheHouse
OFF MARKET

48 Spinnaker Circuit
Redland Bay QLD 4165

Bedrooms: 5
Bathrooms: 2
Car spaces: 5
Floor area: 153m2
Land area: 600m2
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Property Details for 48 Spinnaker Cct, Redland Bay

48 Spinnaker Cct, Redland Bay is a 5 bedroom, 2 bathroom House with 5 parking spaces and was built in 2003. The property has a land size of 600m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
House
Year Built
2003
Floor Size
153m2
Land Size
600m2
Local Government
Redland
Lot/Plan
112/SP155413

Last Listing description (May 2024)

ANOTHER SOLD BY DENISE QUICK AT R & H REDLAND BAY!

Our motivated owners are serious about selling and their instructions are clear - this unique dual living/dual income property WILL BE SOLD! .

If you are looking for a place to live in where you can provide care and support to other family members whilst they still have the privacy and enjoyment of their own fully self contained residence all on one level then you are going to love all that 48 Spinnaker Circuit has to offer.

If you are looking to live in part of the property and generate an passive side income through Air BNB or share leasing then this property is definately going to impress you with its proven track record in achieving this.

If you are an investor looking for a set and forget quality property with potential income of up to $1,000 per week then you will not find another property that ticks your boxes and offers as strong a return on investment as this one does.

In short no matter whether you are looking to live in or let out this property is a impressive winner all round! This purposely modified home is like nothing like you have seen before, offering two homes in one all on ground level.

Its versatile design means you can live in this home in any number of ways:-

Option 1 - Use the layout as a 3 bedroom home and a 2 bedroom home
Option 2 - Use the layout as a 4 bedroom home and a 1 bedroom home
Option 3 - Open it up and let it flow as a huge 5 bedroom residence.

The front modern luxury home is flooded with natural light and features a stunning full kitchen with breakfast bar, dishwasher and built-in appliances. It has two bedrooms, including a main with walk-in robe and a full bathroom/laundry combo.

The rear spacious home also has a full kitchen with gas stove and dishwasher, extra large family room and dining area, three bedrooms, bathroom, two toilets and full laundry storage. A separate family/games room is also on offer here.

Some of the endless features on offer include a massive covered entertaining area accessible from both homes, dual driveways, two car lock up garage plus separate shade sail parking, security screens, ceiling fans, solar power, solar hot water and a soundproof wall separating the homes.

The fenced rear yard adjoins a peaceful leafy park and amenities are within walking distance.

Often sought after and rarely found this unique lowset dual occupancy property offers absolute private separation and flexible living options making it a must see for both astute investors and home owners alike.

A change in circumstances means this property MUST BE SOLD! This is a rare find and an opportunity that will not last long so be quick to avoid disappointment.

Property History for 48 Spinnaker Cct, Redland Bay, QLD 4165

A timeline of how this property has performed in the market
Last Sold
$915,000
20 Apr 2024
Listed for Rent
31 May 2019
  • 20 Apr 2024
    Sold for $915,000
  • 01 Feb 2024
    Listed for Sale Best Offers From $900,000
  • 03 May 2019
    Listed for Rent - Price not available
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About Redland Bay 4165

The size of Redland Bay is approximately 47.6 square kilometres. It has 40 parks covering nearly 13.5% of 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 8,281 properties. Over the last 5 years, Houses in Redland Bay have seen a 87.60% increase in median value, while Units have seen a 101.34% increase. As at 31 December 2025:

  • The median value for Houses in Redland Bay is $1,129,776 while the median value for Units is $891,602.
  • Houses have a median rent of $750 while Units have a median rent of $670.
There are currently 79 properties listed for sale, and 46 properties listed for rent in Redland bay on OnTheHouse. According to Cotality's data, 497 properties were sold in the past 12 months in Redland bay.

Suburb Insights for Redland Bay 4165

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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.