7 Crewes CrescentRedbank Plains QLD 4301
Property Details for 7 Crewes Cres, Redbank Plains
7 Crewes Cres, Redbank Plains is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 400m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in Redbank Plains in the last 12 months.
Last Listing description (September 2024)
Situated in the rapidly growing suburb of Redbank Plains, step inside and be welcomed by a fantastic Investment opportunity. This property boasts, both space and modern living, whilst being in proximity by many convenient amenities, such as schools, shops and parks. This property is the ideal Investment as one side features 4 generously sized bedrooms, 2 bathrooms and 1 garage, and the other side featuring 1 bedroom, 1 well-appointed bathroom and to cater to the residents needs share same space as the laundry and 1 garage.
Just over 8 years old, the property is well maintained and currently tenanted (please find tenant lease details below). Currently the duplex is bringing in over $750 of income per week and with our updated rental appraisal a buyer would look to achieve over $900 per week.
This dual key Investment opportunity is calling all astute Investors and is a great foot in the door to allow you into the Redbank Plains market!
Tenancy Lease Details:
Unit 1- 1 Bed, 1 Bath, 1 Garage
Leased till 22/01/2025
Currently paying: $320 p/w
Unit 2 - 4 Bed, 2 Bath, 1 Garage
Leased till 25/09/24
Currently Paying $440 p/w
Location:
2 minute drive to Woolworths Mountview
2 minute drive to Shapes Early Learning
3 minute drive to Mt. View Doctors
8 minute drive to Augusta State School
4 minute drive to Redbank Plains State School
6 minute drive to Redbank Plains State High School
4 minute drive to Bird's Nest Park
Property History for 7 Crewes Cres, Redbank Plains, QLD 4301
- 11 Sep 2024Sold for $764,500
- 21 Aug 2024Listed for Sale Offers Invited
- 12 Dec 2017Listed for Rent $545 / week
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About Redbank Plains 4301
The size of Redbank Plains is approximately 18 square kilometres. It has 31 parks covering nearly 9% of total area. The population of Redbank Plains in 2011 was 14,976 people. By 2016 the population was 19,285 showing a population growth of 28.8% 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 labourer occupation. In 2011, 47.5% of the homes in Redbank Plains were owner-occupied compared with 42.2% in 2016.
Redbank Plains has 10,235 properties. Over the last 5 years, Houses in Redbank Plains have seen a 97.22% increase in median value, while Units have seen a 83.42% increase. As at 31 August 2024:
- The median value for Houses in Redbank Plains is $655,386 while the median value for Units is $476,452.
- Houses have a median rent of $525 while Units have a median rent of $460.
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