36 Greenwood Village Road Redbank Plains QLD 4301

36 Greenwood Village Road Redbank Plains QLD 4301
4 bed house on 597mΒ² lists competitively at $900-950k |Est value $940-959k with $620pw yield |Sold $480k in 2021 |School catchment appeal | Bushfire overlay noted. This four-bedroom house on a 597sqm block suits families prioritizing school access and practical family living. The 194sqm build covers 32% of the lot, leaving room for outdoor use or future tweaks while keeping maintenance straightforward. Sitting in a survey plan subdivision, it aligns with street norms of similar family homes, avoiding standout size or age variances that could sway buyer interest. Buyers drawn here tend to be growing families or investors eyeing steady rental returns around $620 weekly, given the recent lease history. Local market trends show these mid-sized houses holding firm, with the 2021 purchase at $480k underscoring solid capital growth over four years. The double garage and NBN fibre setup meet everyday needs without excess, appealing to holdover owners. Long-term value stems from the school catchments and no flood risk, buffering against broader market dips. A bushfire overlay adds due diligence for risk-averse types, yet reliable infrastructure supports enduring demand. Overall, it positions as a balanced hold in a family-focused pocket.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Redbank Plains continues to attract buyers thanks to affordable entry points, ongoing infrastructure such as the Town Square expansion and new schools, and spillover from growing Ipswich employment precincts that keep rental demand tight and families focused on modern homes. Prices remain on a firm upward path, with the median house about $742k to $770k and double-digit annual gains keeping the six-month trend positive as buyers compete for stock. Risks include infrastructure catch-up pressures and lower local incomes, yet government-led affordable housing builds and plenty of larger blocks offer growth upside well suited to renovators or dual-income rentals.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

597mΒ²

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