OFF MARKET

7 Westray Crescent
Redbank Plains QLD 4301

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 738m2
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Property Details for 7 Westray Cres, Redbank Plains

7 Westray Cres, Redbank Plains is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 738m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Land Size
738m2
Local Government
Ipswich
Lot/Plan
96/SP281043

Last Listing description (January 2024)

This unique property offers an excellent investment opportunity with its dual occupancy design. Situated on a generous 738sqm block, this home provides a spacious and versatile living arrangement.

On one side, you'll find a three-bedroom, two-bathroom unit with a single car garage, currently rented for $390 per week. This unit offers comfortable and modern living spaces, making it an attractive option for tenants.

On the other side, there is a one-bedroom, one-bathroom unit with a single car garage, currently rented for $280 per week. This unit provides a cozy and private living environment, perfect for those seeking a low-maintenance lifestyle. With dual rental income, this property presents a fantastic opportunity for savvy investors or families looking for flexible living arrangements.

Features:
- Dual occupancy property with two separate units
- Three-bedroom, two-bathroom unit currently rented for $390 per week
- One-bedroom, one-bathroom unit currently rented for $280 per week
- Spacious main residence with four bedrooms and three bathrooms
- Open-plan design for a seamless flow between living areas
- Modern kitchen with high-quality appliances and ample storage
- Large backyard for outdoor activities and gatherings
- Double car garage for secure parking and storage
- Convenient location near amenities, schools, and transport options
- Investment opportunity with potential for dual rental income

Property History for 7 Westray Cres, Redbank Plains, QLD 4301

A timeline of how this property has performed in the market
Last Sold
$631,000
22 Jul 2023
  • 22 Aug 2023
    Listed for Sale FOR SALE
  • 22 Jul 2023
    Sold for $631,000
  • 20 Jun 2023
    Listed for Sale FOR SALE
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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 10,218 properties. Over the last 5 years, Houses in Redbank Plains have seen a 105.26% increase in median value, while Units have seen a 99.40% increase. As at 31 October 2024:

  • The median value for Houses in Redbank Plains is $673,764 while the median value for Units is $512,887.
  • Houses have a median rent of $540 while Units have a median rent of $480.
There are currently 80 properties listed for sale, and 42 properties listed for rent in Redbank plains on OnTheHouse. According to CoreLogic's data, 851 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.