10 Walter Williams Cres, Redbank Plains QLD 4301

4 beds | 338m² block | 2024 build | 12 Walter Williams Crescent valued $100k higher | 70% owner-occupied street This property presents a rare combination of a near-new build on a compact 338m² lot in a street with strong owner-occupier character, which typically supports stable value retention. Its configuration as a four-bedroom, two-bathroom house positions it well for young families or investors targeting the 20–39 age demographic that dominates Redbank Plains. The median price for comparable houses in the suburb sits at $810k, and with a 2024 build, this property avoids the deferred maintenance risk common in older stock. The proximity to Fernbrooke State School and St Ann’s School within 0.8 km adds a practical edge for family buyers, while the street’s 70% owner-occupancy rate reduces turnover risk. The primary risk is the land size: at 338m², it is below the typical family block, which may limit appeal for buyers seeking outdoor space or future subdivision potential. However, the comparable at 12 Walter Williams Crescent—on a similar 344m² lot—is estimated $100k higher, suggesting pricing discipline could offer a margin of safety. The 12-day average days on market for four-bedroom houses in the suburb indicates a liquid market, but the 67% auction clearance rate implies some buyer caution. The opportunity lies in the property’s newness and school catchment strength, which should attract consistent inquiry from families priced out of closer-in suburbs.