1 Saint Bees Close, Redland Bay QLD 4165
1 Saint Bees Close, Redland Bay QLD 4165
Corner block, lowset 2007 build | 34% coverage, 555sqm | 100% owner-occupied street | Bushfire overlay present.
The property’s corner configuration on a 555sqm block with only 34% building coverage offers rare expansion or outdoor amenity potential in a street where all nine properties are owner-occupied and 61% of residents are long-term—signals low turnover and stable desirability. The 2007 build with air conditioning and FTTP internet suits a buyer seeking a move-in-ready family home with school proximity, especially for primary-aged children at Redland Bay State School 0.9km away. This property best serves a family or investor targeting a tightly held pocket where rental supply is absent, supporting capital stability.
The bushfire overlay adds compliance cost and may narrow future buyer pools; no flood or heritage overlays limit risk. The 19m ground elevation and 5m roof height suggest adequate drainage but require confirmation of bushfire management plan costs. With sales history only from 2007 and no recent street data, price discovery relies on the 519sqm comparable at 7 Saint Bees Close—a slightly smaller block. Hold for land banking or minor capital improvements; corner blocks in owner-occupied streets historically outperform in downturns.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Saint Bees Close, Redland Bay QLD 4165
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Redland Bay is positioned as an affordable coastal family enclave, offering relaxed living with strong transport links. Demand is driven primarily by interstate and intrastate families seeking value, supported by significant new development. The housing market exhibits exceptionally strong recent growth and tight selling conditions. Future growth is underpinned by major master-planned expansion, though this increased supply and current affordability pressures present key considerations for sustained momentum.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
555m²
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