OFF MARKET

2/25 Turin Street
Redbank QLD 4301

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 11 Nov 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)

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 1,355 properties. Over the last 5 years, Houses in Redbank have seen a 108.49% increase in median value, while Units have seen a 115.50% increase. As at 31 October 2024:

  • The median value for Houses in Redbank is $713,088 while the median value for Units is $521,008.
  • Houses have a median rent of $523 while Units have a median rent of $445.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Redbank on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Redbank.

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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.