OFF MARKET

7/296 Redbank Plains Road
Bellbird Park QLD 4300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 85m2
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Last updated 30 Sep 2024
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Property Details for 7/296 Redbank Plains Rd, Bellbird Park

7/296 Redbank Plains Rd, Bellbird Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 85m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
1985
Floor Size
60m2
Land Size
85m2
Local Government
Ipswich
Lot/Plan
7/BUP6835

Last Listing description (April 2020)

This great unit would make an ideal home for someone looking for an easy to manage property, close to lots of shops and amenities and all at a very affordable price.

Freshly painted throughout with new remote control fans to the each of the good sized bedrooms, as well as general once over to make sure that all you need to do is move in with our worrying about anything major. The air conditioned open plan living, dining and kitchen are a decent size, and there is a separate laundry area as well. The bathroom is well presented and features a sky light so there is plenty of natural light.

A private courtyard is an ideal place to have a cup of tea in the morning, whilst the modest yard allows you to grows some flowers or veggies without it being overwhelming.

Would make a great investment as the body corporate is very low and being so convenient attracting a tenant shouldn't be a problem.

There is an under covered car parking space as well as shared visitor spaces.

Expect a rental of around $270 per week
Body Corporate fees (both sinking and administrative fund) are around $38 per week.
Yield is approx 7.2% (even after allowing for BC costs!!)
There are 10 properties in the complex

Inspections are easy to arrange and the property is available for immediate occupation, so if this is the sort of property that you are considering, this one should be at the top of your list.

Property History for 7/296 Redbank Plains Rd, Bellbird Park, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$145,000
07 Mar 2020
Listed for Rent
$260/w
18 Jul 2017
  • 07 Mar 2020
    Sold for $145,000
  • 27 Sep 2019
    Listed for Sale $160,000!
  • 30 May 2017
    Listed for Rent - Price not available
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About Bellbird Park 4300

The size of Bellbird Park is approximately 6.5 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Bellbird Park in 2011 was 5,029 people. By 2016 the population was 6,728 showing a population growth of 33.8% in the area during that time. The predominant age group in Bellbird Park is 0-9 years. Households in Bellbird Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellbird Park work in a trades occupation. In 2011, 64.6% of the homes in Bellbird Park were owner-occupied compared with 57.4% in 2016.

Bellbird Park has 4,221 properties. Over the last 5 years, Houses in Bellbird Park have seen a 91.18% increase in median value, while Units have seen a 92.26% increase. As at 31 August 2024:

  • The median value for Houses in Bellbird Park is $738,899 while the median value for Units is $416,628.
  • Houses have a median rent of $560 while Units have a median rent of $375.
There are currently 22 properties listed for sale, and 10 properties listed for rent in Bellbird park on OnTheHouse. According to CoreLogic's data, 275 properties were sold in the past 12 months in Bellbird park.

Suburb Insights for Bellbird Park 4300

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.