11 Soe Street, Redbank QLD 4301
11 Soe Street, Redbank QLD 4301
Near-new build quality | 420 m² low-maintenance block | 212 m² of living space | Four-bed family layout with media room | Strong new-home segment appeal
This house competes strongly in Redbank’s newer family-home market. The 2021 construction means modern insulation, wiring, and finishes that older local stock simply does not offer. The 212 m² footprint is generous for a suburban house, and the separate media room adds genuine flexibility for families wanting distinct zones for living and entertainment. The master suite with walk-in robe and ensuite, plus built-ins in all remaining bedrooms, gives it a practical, move-in-ready feel. On a 420 m² fully fenced block, the outdoor area is modest but usable, and the internal-access double garage adds everyday convenience. This property suits owner-occupiers seeking a low-maintenance, contemporary house without the compromises of older builds or duplex-style product common in the area. Its appeal is strongest for families who prioritise modern comfort and minimal upkeep over land size.
The property’s value may be shaped by how buyers weigh its newer construction against the larger land parcels available elsewhere in the street. The 420 m² block is efficient rather than expansive, which may limit appeal for those wanting significant outdoor space. The bushfire overlay noted on a nearby parcel suggests buyers should confirm the specific status for this house, though the fully fenced, low-maintenance yard indicates a standard suburban setting. School catchment uncertainty may also be a consideration for families with children, as the confirmed boundary for this address is not established. These factors might moderate bidding intensity compared to properties with larger lots or verified catchment access, but they are unlikely to undermine the house’s core appeal as a modern, turnkey family home.
|| Comparable Sales: 13 Soe Street sold $820,000; 39 Soe Street sold $955,000 | Property Price Band: $800K–$900K | Value Drivers: Newer construction quality, functional four-bed layout, low-maintenance block size
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Soe Street, Redbank QLD 4301
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Redbank, a small, family-oriented suburb in Queensland’s Ipswich corridor, is attracting investors and owner-occupiers, drawn by rapid price growth and solid rental yields. The median house price is $750,000, with 12.8% annual growth; units have surged 28.25% to $606,000. Houses sell in just 14 days. Rental yields are 4.04% for houses and 4.30% for units, with median rents of $560 and $450 per week. Sales volume is modest at 45 in the past year. Future growth drivers are less clear; demand-to-supply dynamics in nearby Redbank Plains point to a healthy but subdued market, with prices expected to grow only marginally and remain below the Queensland average. The key constraint is a lack of strong capital-growth catalysts beyond current momentum, leaving the suburb sensitive to rate changes and affordability pressures.
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PropCred Estimated Value
Comparable Sales: 13 Soe Street sold $820,000; 39 Soe Street sold $955,000 | Property Price Band: $800K–$900K | Value Drivers: Newer construction quality, functional four-bed layout, low-maintenance block size
Bedrooms
4
Bathroom
2
Parking
2
Land
420m²
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