Redbank Plains QLD 4301

Here you can find what you need to know about Redbank Plains, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$547K Median Sale Price (National Average $485k) 666th In QLD
8.32% Median Sale Price Change (1yr) (National Average 4.30%) 304th In QLD
$500pw Median Rent (National Average $395) 522nd In QLD
4.8% Median Gross Yield (National Average 4.24%) 267th In QLD
Properties sold 515
Average discounting -4.16%
Average Days on Market 36
Stock on Market 124 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Redbank Plains, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Redbank Plains, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Redbank Plains, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Redbank Plains


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Redbank Plains, QLD 4301

Part of: Ipswich Council No data available

The size of Redbank Plains is approximately 18 square kilometres. It has 31 parks covering nearly 9% of total area. The population of Redbank Plains in 2011 was 14,976 people. By 2016 the population was 19,285 showing a population growth of 28.8% in the area during that time. The predominant age group in Redbank Plains is 0-9 years. Households in Redbank Plains are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redbank Plains work in a labourer occupation. In 2011, 47.5% of the homes in Redbank Plains were owner-occupied compared with 42.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Redbank Plains

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Redbank Plains   for Houses in last 12 months


There have been 515 Houses sold in Redbank Plains in the past 12 months with a median sale price of $547K, up 8.3% annually. It takes on average 16 days to sell with vendor discounting of -4.2%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Redbank QLD, 4301 11.76% $570,000 $485pw 4.4% View Suburb Profile
Springfield Lakes QLD, 4300 2.46% $666,000 $560pw 4.4% View Suburb Profile
Ipswich QLD, 4305 23.30% $635,000 $473pw 3.9% View Suburb Profile
Bellbird Park QLD, 4300 5.92% $635,500 $540pw 4.4% View Suburb Profile
Ripley QLD, 4306 6.92% $633,500 $520pw 4.3% View Suburb Profile
Springfield QLD, 4300 4.99% $720,250 $560pw 4.0% View Suburb Profile