11 Mackinney Court, Redbank Plains QLD 4301

11 Mackinney Court, Redbank Plains QLD 4301
Off-market court position | 552m² block | No detail on features or condition | Comparable house values ~$900k This property presents a standard, mid-sized block in a settled court location, a configuration that typically appeals to buyers seeking quieter, family-oriented living. The estimated value aligns directly with a neighbouring property, suggesting a consistent, established price point for this pocket. Without detail on the dwelling itself, its primary strength is its positional security within the street, best serving an owner-occupier who values space over modern finishes or an investor accepting a property that may require capital investment. The central risk is the complete absence of building condition, age, and improvement data, which masks potential significant capital expenditure for renovation or rectification. The opportunity lies in acquiring a well-positioned block at a known market rate, with any latent value realised through modernisation. Proceed only with a thorough building inspection and a strategy to upgrade, as its current undefined state offers no inherent premium; it is a base for value addition, not a turn-key solution. Nearby sales indicate a robust market for three and four bedroom houses in this area, with values clustering between $820,000 and $890,000. This supports the $901,000 estimate for the subject property as credible, assuming a comparable standard of presentation and accommodation.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11 Mackinney Court, Redbank Plains QLD 4301
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Market Insight:

Redbank Plains is a high-growth, family-oriented suburb positioned as an affordable entry point, with a median house price 11% below the state average. Demand is driven by young families, evidenced by 46% of households being couples with children and 36% of the population under 19, seeking 4-bedroom homes which dominate sales. The market is active and competitive, with median house prices rising 15.4% annually and properties selling in approximately 27 days. Future growth is supported by strong rental demand (58% renting), though this high investor presence and rate sensitivity present a key market constraint.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

10.89 ha

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