OFF MARKET

53 Brisbane Road
Redbank QLD 4301

Bedrooms: 12
Bathrooms: 6
Car spaces: 8
Land area: 493m2
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Property Details for 53 Brisbane Rd, Redbank

53 Brisbane Rd, Redbank is a 12 bedroom, 6 bathroom Unit with 8 parking spaces and was built in 1993. The property has a land size of 493m2.

Building Type
Unit
Year Built
1993
Land Size
493m2
Local Government
Ipswich
Lot/Plan
1/BUP100169

Last Listing description (November 2021)

These strata titled units for the Savvy Investor, with an annual return of $84,760!

All 6 of these units have been well maintained and are strata titled perfect for those wanting the benefits of 'buying in bulk' to maximize capital value, while maintaining flexibility in your investment. These units were NOT flood effected in either 1974 or 2011, giving you piece of mind that your investment is safe.

Located in a huge growth area that grants convenient access to Brisbane, Springfield and Ipswich. Don't miss out on adding this sound addition to your portfolio, invest now and reap the potential benefits in the future.

Each Unit Features:
- 2 bedrooms with built-ins & Ceiling fans, and 1 bathroom.
- Single car accommodation.
- Updated Smoke alarms to meet New legislation!
- Air-conditioned spacious open plan living area.
- Modern neutral colour palate throughout.
- Private courtyard.
- Units currently leased for average of $265 per week - gross weekly rent
currently $1590 per week.

Convenient Location, close to schools, shops and public transport:
- Easy access to the Ipswich Motorway - *200m
- Only *500m to Redbank State School
- Only *600m to Redbank Plaza Shopping centre
- Only *500m to Redbank Train Station
- Only *30 Minutes to Brisbane CBD
- Only *15 minutes to Ipswich CBD
Call today to arrange your own inspection, you won't want to miss this opportunity!

*Approximate.

Property History for 53 Brisbane Rd, Redbank, QLD 4301

A timeline of how this property has performed in the market
  • 20 Nov 2020
    Listed for Sale $1,249,000
  • 11 Dec 2019
    Listed for Sale Offers From 1,300,000
  • 31 Jan 2019
    Listed for Sale Not Disclosed
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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, 71 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.