91 Locke CrescentRedbank Plains QLD 4301
Property Details for 91 Locke Cres, Redbank Plains
91 Locke Cres, Redbank Plains is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 648m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 0 bedroom House sold in Redbank Plains in the last 12 months.
Last Listing description (February 2024)
Onsite Auction 3rd February, unless sold prior
Discover the perfect blend of modern living and investment potential with this contemporary duplex located in the vibrant heart of Redbank Plains. Whether you're seeking a home with an attached rental income or an astute investor looking to expand your portfolio, this property has it all.
Key Features:
- Unit 2: 1 bedroom, 1 bathroom, 1 garage
Prime Location:
- Situated just a 40-minute commute from Brisbane CBD, this duplex offers convenient access to the city while providing a peaceful suburban lifestyle. The abundance of public transport options enhances the property's accessibility for residents and tenants alike.
Modern Living:
- Built just three years ago, this duplex boasts contemporary design and construction, ensuring a modern and comfortable living experience. The property's age adds to its appeal, providing the benefits of new construction without the wait.
Investment Potential:
- The complete property has been rent appraised at an impressive $900 per week, reflecting the high demand for quality accommodation in the area. Currently, it is yielding a solid return of $705 per week, showcasing the potential for future growth in rental income.
Don't miss out on this incredible investment opportunity! Whether you're a homeowner looking for a supplementary income or an investor seeking a promising addition to your portfolio, this duplex ticks all the boxes. Arrange a viewing today to explore the potential that this property holds. Contact us now for more information and to secure your piece of Redbank Plains real estate.
Property History for 91 Locke Cres, Redbank Plains, QLD 4301
- 22 Jan 2024Sold for $745,000
- 16 Jan 2024Listed for Sale Auction
- 20 May 2020Listed for Rent - Price not available
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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 10,287 properties. Over the last 5 years, Houses in Redbank Plains have seen a 97.22% increase in median value, while Units have seen a 83.42% increase. As at 31 August 2024:
- The median value for Houses in Redbank Plains is $655,386 while the median value for Units is $476,452.
- Houses have a median rent of $525 while Units have a median rent of $460.
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