SOLD
Sold on 31 Dec 2023 for $740,000

16 Weinam Street
Redland Bay QLD 4165

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 90m2
Land area: 809m2
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Property Details for 16 Weinam St, Redland Bay

16 Weinam St, Redland Bay is a 0 bedroom, 0 bathroom House and was built in 1980. The property has a land size of 809m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom House sold in Redland Bay in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
90m2
Land Size
809m2
Local Government
Redland
Lot/Plan
5/RP107394

Last Listing description (March 2024)

With draft plans available on request for 5 townhouses a lot of the heaving lifting has been done here including one of the townhouse designs catering for NDIS requirements allowing you to tap into this very active part of the market.
Also being Platinum fully Specialised Disability Accommodation compliant, be assured that the every consideration has been made to bolster the feasibility and profit proof this project. Sitting in the Weinam Creek precinct which is a Priority Development Area (PDA) the draft plans are within the PDA outlines.

Currently sitting with a 3 bedroom home you can inject life back into this house, rent out and simply long hold and land bank with the comfort of knowing blocks of this size and versatility here are only going to get harder and harder to find.

Located in an irreplaceable position, walking distance to Redland Bay's main cafe & shopping district, the iconic Redland Bay Hotel, waterfront walking tracks, boat ramp & marina, local parks and sporting grounds this truly is a real opportunity to get in and secure this amazing site in an area where blocks with this much scope rarely become available.

Create a desirable on-foot, low maintenance lifestyle option in a high growth area and reap the rewards. Contact Ryan or Debbie to secure this fantastic opportunity.

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Property History for 16 Weinam St, Redland Bay, QLD 4165

A timeline of how this property has performed in the market
Last Sold
$740,000
31 Dec 2023
Listed for Rent
$415/w
12 Jan 2016
  • 31 Dec 2023
    Sold for $740,000
  • 01 Dec 2023
    Listed for Sale FOR SALE
  • 04 Feb 2022
    Sold for $680,000
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About Redland Bay 4165

The size of Redland Bay is approximately 47.6 square kilometres. It has 40 parks covering nearly 13.5% of total area. The population of Redland Bay in 2011 was 13,625 people. By 2016 the population was 14,971 showing a population growth of 9.9% in the area during that time. The predominant age group in Redland Bay is 40-49 years. Households in Redland Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redland Bay work in a trades occupation. In 2011, 72.6% of the homes in Redland Bay were owner-occupied compared with 73.2% in 2016.

Redland Bay has 7,912 properties. Over the last 5 years, Houses in Redland Bay have seen a 74.06% increase in median value, while Units have seen a 39.67% increase. As at 30 September 2024:

  • The median value for Houses in Redland Bay is $951,701 while the median value for Units is $708,898.
  • Houses have a median rent of $695 while Units have a median rent of $505.
There are currently 104 properties listed for sale, and 22 properties listed for rent in Redland bay on OnTheHouse. According to CoreLogic's data, 590 properties were sold in the past 12 months in Redland bay.

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