3 Spike Street, Redland Bay QLD 4165

renovated 4-bed family house | quiet street, strong owner-occupier profile | 6.6kW solar & side access | Redland Bay bayside lifestyle This property holds a strong competitive position in Redland Bay’s family market. The four-bedroom, two-bathroom configuration on a 708m² block with side access and a large garden shed is rare in a fully fenced, quiet pocket where 73% of neighbours are long-term residents. The 6.6kW solar system and new hot water system reduce ongoing costs, while the 30% building coverage leaves generous outdoor space. It serves buyers seeking a move-in-ready house with multiple living areas and good school catchment access, particularly Victoria Point State High School within walking distance. The bushfire overlay is the primary risk, requiring a building compliance check and potentially higher insurance premiums. No flood or heritage issues simplify due diligence. The street’s 75% owner-occupancy and low turnover support price stability, but the lack of recent street sales means comparable data relies on broader suburb figures. A buyer can hold this property for steady family use, or rent it at an estimated $800 per week with a 3.2% yield, though capital growth will track the suburb’s 21% trajectory rather than outperform.