SOLD
Sold on 03 Jun 2024 for $750,000

77 Brisbane Road
Redbank QLD 4301

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
Sold By
Prince Realty
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Property Details for 77 Brisbane Rd, Redbank

Building Type
Land
Land Size
1012m2
Local Government
Ipswich
Lot/Plan
6/RP22316

Last Listing description (October 2024)

An opportunity transforms this site into a residential / retail commercial property as it is zoned local commercial. (Subject to Council Approval).

The property is 1012 sqm on two titles.

Situated in a prime location with a busy thoroughfare exposure, these four parcels of land lending some 1012 m2 of development potential would be ideally suited for either residential or commercial development.

The location of this property is opposite the Redbank Railway Station and Bus Hub., close to the Redbank Shopping Centre and the Major Highway connectors.

For more information and to arrange an inspection, please contact the agent on 0418 884 988

Property History for 77 Brisbane Rd, Redbank, QLD 4301

A timeline of how this property has performed in the market
Last Sold
$750,000
03 Jun 2024
  • 03 Jun 2024
    Sold for $750,000
  • 23 May 2024
    Listed for Sale For Sale
  • 09 Jun 2023
    Listed for Sale For Sale
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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.

Suburb Insights for Redbank 4301

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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.