5 Penzance DriveRedland Bay QLD 4165
Property Details for 5 Penzance Dr, Redland Bay
5 Penzance Dr, Redland Bay is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 701m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Redland Bay in the last 12 months.
Last Listing description (February 2024)
Room for everyone including the extended family the highly desirable and tightly held Torquay Shores Estate, excellent layout that lends itself to accommodating extended family living, studio salon or large work from home office. 5 oversize bedrooms, 3 huge living areas with excellent separation plus wide gated side access for boats and vans. Large open kitchen with full height cabinetry complete with Island breakfast bar plus 2 new bathrooms, this home presents in complete “ready to live” condition or could be further renovated to suit the most discerning buyer. This home represents relaxed waterside living on a very generous scale and is available for immediate settlement, contact Shane today
- Expansive living for growing or extended family
- 3 huge living areas with excellent separation
- Large open kitchen, new bathrooms, room for pool
- All 5 bedrooms of very generous proportions
- Big 6.5kw solar plus complete roof renovation
- 701m North facing within premium waterside estate
- Potential "paint n profit" capital growth assured
TO BE SOLD DIRECTLY INLINE WITH MARKET FEEDBACK
Property History for 5 Penzance Dr, Redland Bay, QLD 4165
- 19 Feb 2024Sold for $1,042,500
- 30 Jan 2024Listed for Sale FOR SALE
- 28 Sep 2019Listed for Sale Offers Over $730,000
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0About 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 7,906 properties. Over the last 5 years, Houses in Redland Bay have seen a 73.59% increase in median value, while Units have seen a 34.46% increase. As at 31 July 2024:
- The median value for Houses in Redland Bay is $950,450 while the median value for Units is $693,903.
- Houses have a median rent of $680 while Units have a median rent of $505.
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