OFF MARKET

2/5 Shannon Street
Redbank Plains QLD 4301

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 111m2
Land area: 143m2
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Last updated 2 Sep 2024
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Property Details for 2/5 Shannon St, Redbank Plains

2/5 Shannon St, Redbank Plains is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 143m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
2014
Floor Size
111m2
Land Size
143m2
Local Government
Ipswich
Lot/Plan
1/SP262196

Last Listing description (February 2022)

Now is the chance to own a great investment property with a rental return of $345/wk!

Features include:
- 3 Large bedrooms, all with BIR (master with WIR)

- 2 Bathrooms (en-suite in master)
- Fully fenced 143m2 block

Currently rented to great long term tenants for $345/wk.

Rates - $476 per quarter

Property History for 2/5 Shannon St, Redbank Plains, QLD 4301

A timeline of how this property has performed in the market
Last Sold
$314,000
01 Dec 2021
Listed for Rent
$345/w
13 Jul 2021
  • 01 Dec 2021
    Sold for $314,000
  • 27 Sep 2021
    Listed for Sale OFFERS OVER $319,000
  • 13 Jul 2021
    Listed for Rent $345 / week
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About Redbank Plains 4301

The size of Redbank Plains is approximately 18 square kilometres. It has 31 parks covering nearly 9% of total area. The population of Redbank Plains in 2011 was 14,976 people. By 2016 the population was 19,285 showing a population growth of 28.8% in the area during that time. The predominant age group in Redbank Plains is 0-9 years. Households in Redbank Plains are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redbank Plains work in a labourer occupation. In 2011, 47.5% of the homes in Redbank Plains were owner-occupied compared with 42.2% in 2016.

Redbank Plains has 10,233 properties. Over the last 5 years, Houses in Redbank Plains have seen a 96.02% increase in median value, while Units have seen a 84.50% increase. As at 31 July 2024:

  • The median value for Houses in Redbank Plains is $648,363 while the median value for Units is $466,330.
  • Houses have a median rent of $525 while Units have a median rent of $460.
There are currently 86 properties listed for sale, and 46 properties listed for rent in Redbank plains on OnTheHouse. According to CoreLogic's data, 781 properties were sold in the past 12 months in Redbank plains.

Suburb Insights for Redbank Plains 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.