27 Ballow Cres, Redbank Plains QLD 4301
27 Ballow Cres, Redbank Plains QLD 4301
3 bed 2 bath 1 car house | 406 m² block | built 2008 | quiet nature-adjacent pocket | mainstream family demand
This property sits comfortably within Redbank Plains’ core family housing market—a straightforward 3/2/1 layout on a medium-sized block that appeals directly to owner-occupiers and investors alike. The 2008 build is young enough to avoid major renovation pressure, and the 105 m² floor plan is efficient rather than spacious, keeping maintenance low. Its strength lies in predictability: the configuration matches what most local buyers actively seek, and the quiet, low-traffic street position adds a layer of liveability that standard estate homes often lack. This suits first-home buyers wanting a solid start or investors chasing consistent rental demand, with the separate laundry and single remote garage covering practical daily needs without excess.
Value may be shaped by how the property’s modest floor area compares to newer stock nearby, where some homes offer larger internal spaces on similar or smaller blocks. The 406 m² land size is workable but not generous, so future extension potential is limited—buyers should weigh that against the established garden and backyard appeal. The absence of premium finishes or standout architectural features means pricing will likely track the suburb’s mainstream band rather than achieving a premium. Rental appraisal around $600–$620 weekly suggests strong income potential, but the property’s final value hinges on presentation and how well the current condition holds against more recently built competitors.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Ballow Cres, Redbank Plains QLD 4301
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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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.
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PropCred Estimated Value
Comparable Sales: 1/59 Ballow Cres sold $520,000; 1/27 Belle Ct sold $745,000 | Property Price Band: $600,000–$700,000 | Value Drivers: condition, land size, quiet street position
Bedrooms
4
Bathroom
2
Parking
2
Land
404m²
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