OFF MARKET

2/25 Turin Street
Redbank QLD 4301

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 16 Sep 2024
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Property Details for 2/25 Turin St, Redbank

2/25 Turin St, Redbank is a 1 bedroom, 1 bathroom House and was built in 2018.

Building Type
House
Year Built
2018
Local Government
Ipswich

Last Listing description (March 2023)

SOLD BY PROFESSIONALS REDBANK PLAINS 07 3814 2421
What a home! What a property!
Calling all investors this dual generating home warning this will not last!!!

This modern duplex,2018 build (3 years old) ticks all the boxes is now looking for a new owner.
Unit 1 has 4 bedrooms all with built-ins, ceiling fans throughout, open plan living/dining area with large AC, separate family room with low maintenance garden.
Unit 2 is open plan living/dining with large bedroom with double mirrored built-in with modern appliances and a cute court yard to enjoy down time. Currently tenanted Unit 1 lease expiry date is 27th June 2022, $360 per week, Unit 2 lease expiry date is 28th March 2022, $270 per week. This home is generating a whooping $630 per week, $2,520 per month!! Rates are approximately $900 per quarter, Utilities $550 per quarter.

Unit 1 & 2 25 Turin Street Redbank Entails:
5 bedrooms (unit 1&2)
All built-ins
Open plan living/dining area
Separate family room (unit 1only)
2x single garage
Private court yard
Low maintenance yard
Fully fenced
AC
Separate bathroom (unit 1)
Separate toilet (unit 1)
Combine bathroom, toilet & laundry (unit 2)

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Property History for 2/25 Turin St, Redbank, QLD 4301

A timeline of how this property has performed in the market
Listed for Rent
$260/w
16 Sep 2019
  • 14 Dec 2021
    Listed for Sale $590,000
  • 10 Sep 2019
    Listed for Rent $260 / week
  • 01 Apr 2019
    Listed for Rent - Price not available

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About Redbank 4301

The size of Redbank is approximately 8.3 square kilometres. It has 9 parks covering nearly 3.1% of total area. The population of Redbank in 2011 was 1,605 people. By 2016 the population was 1,848 showing a population growth of 15.1% in the area during that time. The predominant age group in Redbank is 10-19 years. Households in Redbank are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Redbank work in a labourer occupation. In 2011, 52% of the homes in Redbank were owner-occupied compared with 49.6% in 2016.

Redbank has 1,354 properties. Over the last 5 years, Houses in Redbank have seen a 105.36% increase in median value, while Units have seen a 77.80% increase. As at 31 August 2024:

  • The median value for Houses in Redbank is $701,422 while the median value for Units is $471,574.
  • Houses have a median rent of $520 while Units have a median rent of $418.
There are currently 9 properties listed for sale, and 7 properties listed for rent in Redbank on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Redbank.

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