SOLD
Sold on 13 Mar 2024 for $776,500

88 Penzance Drive
Redland Bay QLD 4165

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 156m2
Land area: 500m2
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Property Details for 88 Penzance Dr, Redland Bay

88 Penzance Dr, Redland Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 500m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Redland Bay in the last 12 months.

Building Type
House
Year Built
2012
Floor Size
156m2
Land Size
500m2
Local Government
Redland
Lot/Plan
2/SP252561

Last Listing description (April 2024)

Discover the perfect family retreat in Redland Bay, nestled on a desirable corner block mere minutes from the tranquil waters' edge. Enjoy alfresco dining in the comfort of your own home, embracing the relaxed Queensland lifestyle. With its low-set design and low-maintenance yard, this residence epitomizes easy living. Potential side access adds versatility to the property, catering to various lifestyle needs.

Property Features include;

*Open plan living, dining & kitchen with air conditioning + separate rumpus or family room

*Great size kitchen with gas cooktop, oven, dishwasher & ample bench & cupboard space
*4 bedrooms, all with built in wardrobes & ceiling fans
*Master suite features walk in wardrobe & ensuite which includes shower, single vanity w/- storage & toilet
*Main bathroom includes shower & bathtub, separate toilet & vanity adjacent.
*Spacious internal laundry with direct access to outside
*Undercover alfresco dining area in fully fenced backyard
*Double lock up garage with direct access to inside
*Low maintenance yard & gardens + water tank
*Potential side access - perfect for trailer, small boat, jetski

Situated conveniently close to local shops, local day care, primary schools and public transport, convenience is at your doorstep. The water's edge is literally minutes away with walking tracks to take in the bayside breezes.

Embrace the essence of coastal living while relishing the comforts of suburban serenity in this charming Redland Bay haven.

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Property History for 88 Penzance Dr, Redland Bay, QLD 4165

A timeline of how this property has performed in the market
Last Sold
$776,500
13 Mar 2024
Listed for Rent
$450/w
21 Aug 2013
  • 13 Mar 2024
    Sold for $776,500
  • 04 Mar 2024
    Listed for Sale Not Disclosed
  • 08 Dec 2022
    Listed for Rent $590 / week
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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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