15 Falkirk Parade, Redland Bay QLD 4165
15 Falkirk Parade, Redland Bay QLD 4165
3 bed, 2 bath | 600sqm across from park | renovated resort-style outdoor living | Redland Bay State School catchment
This property occupies a rare position in Redland Bay, sitting directly opposite a park on a full 600sqm block with a substantial 278sqm floorplan. The dual living zones and separate study give it a functional edge over competing listings, while the fully renovated bathrooms and resort-style outdoor area with lined roof, firepit, and spa create an immediate lifestyle premium that most houses in this price band lack. It suits a family wanting turn-key living in a strong school catchment without needing to renovate, or a buyer who values indoor-outdoor flow as a primary decision driver.
The main risk is that the outdoor spa is sold separately, which introduces a negotiation point and potential post-settlement cost. The property has no flood or bushfire overlays, but buyers should verify the solar and water tank age and any structural warranties on the outdoor area. Rental income at $750 per week offers a reasonable buffer if circumstances change. Hold for the school catchment and park adjacency to underpin long-term value; renovating further would be redundant given the current finish.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
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.