47 Venice Cres, Redbank is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 450m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Tucked away in quite pocket with a bush outlook and no neighbours to the front is 47 Venice Crescent boasting a great looking faade offering wonderful street appeal. Redbank has experienced fantastic capital growth of late and from Jan 2021 to May 2022 you're looking at a very respectful 36.19%* and whether you are looking for a place to call home or looking to buy an investment capital growth is all so important and with the property being approx 4 years' young there is still plenty of depreciation left for the investor.
Property Features:
o Air-Conditioned Master | Ensuite | Walk-In Robe
The property is currently tenanted with tenants going on a periodical lease during the sale in July but would dearly love to stay and sign a long term lease, new rental appraisal is $460 - $480 per week. From Venice Street you are a short drive to Kruger State School, Town Square Redbank Plains Shopping Centre, Redbank Plains Train Station, Verona Park that will keep the kids entertained and a 10 minute drive to Spring Central with Orion Shopping Centre, Lagoon, Train Station and the University of Southern Qld.
For further information please contact Adam on 0499 007 797
Digital furniture in photos for marketing purposes only
Capital growth figures supplied by Corelogic May 2022*
Disclaimer:
PLEASE NOTE: *With the advice and direction from Federal Government and Real Estate Institution of QLD (REIQ), we are excited to now be conducting open inspections. Please keep in mind restrictions still apply with a maximum of 50 attendees inside the property at one time. Social distancing and hygiene protocols will also be strongly observed.
*Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.
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 1,371 properties. Over the last 5 years, Houses in Redbank have seen a 110.88% increase in median value, while Units have seen a 84.24% increase. As at 30 September 2024:
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