3 Francis StreetRedbank QLD 4301
Property Details for 3 Francis St, Redbank
3 Francis St, Redbank is a 0 bedroom, 0 bathroom House. The property has a land size of 943m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (May 2020)
What a great opportunity to hit the development market!
These 2 BIG Redbank blocks (943m & 954m - TOTAL 1897m) are sitting side by side and are spread across 4 titles. They are just waiting for you to hit the development button.
Currently there are two post war homes sitting on the block with the potential to create rental income while you are waiting for the green light.
We have conducted a little bit of research and crunched the numbers.
- Potential of 15 units on site (**STCA)
- Flood free land
- 200m to Redbank Plaza
- 200m walk to transport
- Direct access to the motorway
- 13 minutes to Ipswich CBD
- 25 minutes to Brisbane CBD
Give Sam a call today to request more information - 0407296162
** Subject to Council Approval
Property History for 3 Francis St, Redbank, QLD 4301
- 16 Sep 2021Sold for $250,000
- 19 Feb 2020Listed for Sale Offers Over $699,000
- 29 Nov 2018Listed for Sale EOI | 1897sqm of RM1 Zoned land
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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.
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