SOLD
Sold on 19 Jun 2024 for $1,925,000

65 Penzance Drive
Redland Bay QLD 4165

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Land area: 935m2
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Property Details for 65 Penzance Dr, Redland Bay

65 Penzance Dr, Redland Bay is a 5 bedroom, 3 bathroom House and was built in 2003. The property has a land size of 935m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in Redland Bay in the last 12 months.

Building Type
House
Year Built
2003
Land Size
935m2
Local Government
Redland
Lot/Plan
48/SP149557

Last Listing description (November 2007)

180degree Spectacular Views
This is a once in a lifetime opportunity to build your dream home on this 935sq corner block sitting right on the waters edge in Redland Bay. whether you decide to build a high set or low set you are guaranteed to achieve 180degree uninterrupted bay views.

Property History for 65 Penzance Dr, Redland Bay, QLD 4165

A timeline of how this property has performed in the market
Last Sold
$1,925,000
19 Jun 2024
  • 19 Jun 2024
    Sold for $1,925,000
  • 22 Sep 2007
    Sold for $725,000
  • 24 Aug 2007
    Listed for Sale Price Upon Application
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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 7,908 properties. Over the last 5 years, Houses in Redland Bay have seen a 73.66% increase in median value, while Units have seen a 43.51% increase. As at 31 August 2024:

  • The median value for Houses in Redland Bay is $947,193 while the median value for Units is $715,181.
  • Houses have a median rent of $695 while Units have a median rent of $505.
There are currently 97 properties listed for sale, and 19 properties listed for rent in Redland bay on OnTheHouse. According to CoreLogic's data, 576 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.