21 Colane Street, Redbank Plains QLD 4301
21 Colane Street, Redbank Plains QLD 4301
4 bed lowset family house | 542 m² block with outdoor entertaining | solid suburban demand in Redbank Plains | no overlays, FTTP connected | standard family configuration
This property competes strongly in Redbank Plains’ core family market. The four-bedroom, two-bathroom layout on a medium-sized block is exactly what most owner-occupiers in the area are searching for, and the single-level design adds practical appeal for young families or those planning to age in place. The outdoor entertaining area and fully fenced yard give it genuine liveability, while the water tank and air conditioning reduce ongoing running costs. It sits comfortably within the suburb’s dominant housing stock — not exceptional, but well-aligned with what local buyers expect. This house serves best a family buyer seeking a straightforward, move-in-ready home with good school access and everyday amenity, rather than an investor chasing high yields or someone wanting a premium architectural statement.
The value of this property may be influenced by its standard configuration and the absence of any standout feature like a premium aspect or oversized yard. Its price could be supported by the lack of flood or bushfire overlays, which reassures cautious buyers, and the reliable FTTP connection is a quiet advantage for remote workers. However, because much of Redbank Plains offers similar product, the condition and presentation of this specific house will likely carry more weight than any intrinsic scarcity. A buyer might find room to negotiate if finishes feel dated, or pay a slight premium if the interior is freshly updated. The build age remains unconfirmed, so an inspection should focus on structural integrity and maintenance history.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Colane Street, Redbank Plains QLD 4301
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Redbank Plains, 28km from Brisbane’s CBD, is a family-oriented market where 46% of households are couples with children and 36% of residents are under 19, driving demand for four-bedroom houses, the most-traded segment at 142 sales. House prices have risen 15.4% annually to a $780,000 median, with units up 15.8% to $543,000; houses sell in about 35 days, reflecting firm absorption. With 514 house sales over the past year and houses dominating 85% of tracked transactions, buyer activity is robust, supported by a large renter pool—58% of residents—feeding investor demand for the 3.6% house yield and $600 weekly rent. Future growth hinges on continued family formation and Brisbane spillover, but the median house price sits below Queensland’s $845,870 average, offering relative affordability; the high rental share also signals persistent affordability pressure and rate sensitivity that could temper price momentum.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: similar 4-bed houses in Redbank Plains have sold between $790k and $850k; a nearby 4-bed lowset on 512 m² listed near $860k | Property Price Band: $800k–$900k | Value Drivers: land size and layout efficiency, condition of interior finishes, outdoor entertaining quality and fencing.
Bedrooms
4
Bathroom
2
Parking
2
Land
542m²
URL has been copied successfully!