OFF MARKET

2 Banksia Street
Redland Bay QLD 4165

Bedrooms: 6
Bathrooms: 4
Car spaces: 5
Floor area: 210m2
Land area: 2119m2
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Property Details for 2 Banksia St, Redland Bay

2 Banksia St, Redland Bay is a 6 bedroom, 4 bathroom House with 5 parking spaces and was built in 1980. The property has a land size of 2119m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1980
Floor Size
210m2
Land Size
2119m2
Local Government
Redland
Lot/Plan
84/RP137323

Last Listing description (November 2023)

IF YOU'VE BEEN SEARCHING FOR SOMEWHERE TO CALL HOME THAT HAS COMPLETELY SEPARATE LIVING QUARTERS FOR EXTENDED FAMILY OR TO GENERATE AN INCOME AT HOME - STOP THE SEARCH - WE'VE FOUND THE NEEDLE IN THE HAYSTACK!

MAIN HOUSE
* Built 1981 approx. 240m2

* Spacious open plan living featuring striking high ceilings in formal lounge, family plus dining
* 4 Bedrooms plus large home office/study
* 2 Separate bathrooms
* Large covered entertaining area looking out to inground pool
* Rental income approx. $650pw

GRANNY FLAT WITH ATTIC
* Approx. 75m2
* Extra large studio room with high ceiling & exposed timber beams
* Separate modern bathroom with porcelain tiles & large open shower
* Spacious kitchenette
* Double undercover insulated carport
* Additional lock up garage/storage shed
* Rental income approx. $320pw

STUDIO/RELATIVES RESIDENCE
* Built in 2012 approx 50m2
* 1 oversized bedroom
* Open plan kitchen with double sink, dishwasher & butlers pantry
* Bathroom with heated flooring & frameless shower screen set up for aged or disability use
* Separate laundry
* Security screens throughout
* Split system air conditioning
* Rental income approx. $300pw

ESTIMATED RENTAL RETURN FOR PROPERTY IS $1270PW
SET WITHIN BEAUTIFUL GREENERY, LANDSCAPED FOR PRIVACY BETWEEN RESIDENCES THIS IS TRULY ONE TO SEE TO APPRECIATE

Additional Property Information:
- Currently tenanted
- Rates approx. $1,850 per quarter incl. water
- No Viewings Until Further Notice

Property History for 2 Banksia St, Redland Bay, QLD 4165

A timeline of how this property has performed in the market
Last Sold
$1,050,000
10 Oct 2023
Listed for Rent
$550/w
15 Jan 2015
  • 10 Oct 2023
    Sold for $1,050,000
  • 02 Apr 2023
    Listed for Sale $1,200,000+
  • 09 May 2021
    Sold for $965,000
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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 7,868 properties. Over the last 5 years, Houses in Redland Bay have seen a 73.39% increase in median value, while Units have seen a 52.73% increase. As at 31 October 2024:

  • The median value for Houses in Redland Bay is $947,501 while the median value for Units is $709,183.
  • Houses have a median rent of $700 while Units have a median rent of $505.
There are currently 110 properties listed for sale, and 28 properties listed for rent in Redland bay on OnTheHouse. According to CoreLogic's data, 580 properties were sold in the past 12 months in Redland bay.

Suburb Insights for Redland Bay 4165

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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.