2/40-46 Redlynch Intake Road, Redlynch QLD 4870
2/40-46 Redlynch Intake Road, Redlynch QLD 4870
2-bedroom townhouse-style unit | private courtyard | Redlynch’s 70% owner-occupied complex | strong rental history at $430/week
This property offers a rare configuration in Redlynch: a ground-floor apartment with a private courtyard, effectively functioning as a townhouse within a well-maintained complex where 70% of owners live on-site. The internal space at 104-120m² is generous for a two-bedroom unit, and the recorded rental jump from $230,000 in 2018 to $285,390 in 2021 suggests capital growth has been consistent. It serves best a buyer seeking a lock-and-leave home with outdoor space, or an investor targeting the 57% family demographic in an area where 53% of residents are long-term.
The main risk is the discrepancy in recorded land size and parking—one space versus two—which may affect resale appeal to families needing two cars. The 0% auction clearance rate in Redlynch signals a soft market, so the asking price likely reflects a negotiation buffer. Opportunity lies in the complex’s low turnover (only 5 recent sales) and the area’s young population skew (68% under 40), which supports steady rental demand. Hold this property as a medium-term income asset or a downsizer’s base, not a flip.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/40-46 Redlynch Intake Road, Redlynch QLD 4870
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Redlynch is positioned as a lifestyle suburb with strong transport links, attracting families and professionals seeking three-bedroom homes. Demand is driven by investors drawn to solid rental yields and a shift towards regional living. The housing market is characterised by rapid sales and robust annual price growth, supported by infrastructure upgrades. Future growth is underpinned by major projects, though these same developments may pressure housing availability, presenting a key supply constraint.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
60m²
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