2 Heeler Court (Lot 2) Redland Bay QLD 4165
2 Heeler Court (Lot 2) Redland Bay QLD 4165
4 bed 2 bath new build on 700sqm| Cul-de-sac privacy| Dual occupancy potential| Est value $919k |700mΒ² house in cul-de-sac suits growing families or duplex developers seeking school catchments and low-density zoning flexibility. Its 700sqm lot with 20m frontage offers ample space for boats sheds or kids play in a quiet court setting away from main roads. The recent rebuild from a sold $735k older home positions it as fresh entry-level family stock amid Redland Bay’s established housing. Buyers drawn here often include first-timers upsizing for room or investors eyeing dual occupancy approvals already lodged on the title. Similar cul-de-sac lots perform steadily with rental yields around $700pw supporting hold strategies. Low overlays and NBN fibre enhance everyday appeal without risk premiums. Long-term the zoning supports subdivision potential keeping pace with local family demand. Street peers like recent sales nearby reinforce its mid-market stability. Overall this setup balances immediate liveability with measured growth upside.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Redland Bay is drawing buyers because its bayside lifestyle, easy Brisbane access, and appetite for roomy family homes combine with strong sales volumes and limited supply. Prices have been trending steadily upward over the past six months, with quick sales keeping the median firmly higher than neighbouring suburbs. ShorelineΒs long-term build out and planned road upgrades offer growth upside, but buyers should weigh infrastructure pinch points on the Beenleigh-Redland Bay corridor and tighter canal-estate duplex rules before committing.