SOLD
Sold on 11 May 2024 for $1,760,000

4-6 Government Road
Redland Bay QLD 4165

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2501m2
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Property Details for 4-6 Government Rd, Redland Bay

Building Type
Land
Land Size
2501m2
Local Government
Redland
Lot/Plan
1/RP30549

Last Listing description (April 2024)

Property Description: Cleared and level 2,501m2 site

Key Property Attributes:

Zoned Medium Density Residential - STCA perfect for townhouses, apartments, short term accommodation, retirement and residential care facilities

Elevated position providing outstanding views towards Moreton Bay & surrounding region

Current DA for 28 generously sized units over 3 levels

Huge owner occupier demand location

Huge unsatisfied demand from buyers for both houses and units (refer to the enclosed tables)

Perfect position on top of a hill to catch the ocean breezes whilst in close proximity to the ocean, walking tracks, supermarkets and pub.

For further information, please contact Stephen Kidd - 0413 550 474 & Elliot Kidd - 0407 696 738

For sale by Public Auction - Friday April 12 2024

Auction to be held: Ray White Auction Room - Level 26 111 Eagle St Brisbane

Key Words / phrases:

Residential Development Site, Apartment Development Site, DA Approval Units, Inner Brisbane Development Site, SEQ Dev Site, SEQ Development, townhouses, apartments, short term accommodation, retirement and residential care facilities

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Property History for 4-6 Government Rd, Redland Bay, QLD 4165

A timeline of how this property has performed in the market
Last Sold
$1,760,000
11 May 2024
  • 11 May 2024
    Sold for $1,760,000
  • 07 Nov 2022
    Listed for Sale For Sale: $2,400,000 plus GST
  • 01 Aug 2002
    Sold for $445,000
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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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