52 Vince Elmore Way, Redbank Plains QLD 4301

52 Vince Elmore Way, Redbank Plains QLD 4301
2017 build with second living | tenanted at $650/week | modern family layout | low-maintenance 453sqm block | growth corridor convenience The property’s 2017 build and four-bedroom configuration with a dedicated second living area are considered competitively strong for the suburb. This layout meets family needs without excess maintenance on a 453 square metre block. The property is positioned in a growth corridor with proximity to local amenities, which supports demand from both owner-occupiers and investors. The existing tenancy at $650 per week adds immediate rental income, making it a practical choice for those seeking a modern house in a family-friendly pocket. The property’s value may be influenced by its outer suburban location, which implies dependence on car access and typical growth-area amenity patterns rather than inner-suburb premiums. The absence of verified school catchment details might affect buyer confidence for families. The lot size, while manageable, is standard for the area and may not appeal to those seeking larger land holdings. Potential buyers should weigh these factors against the modern build and tenancy when forming a price view.
Detailed Independent Property Report prepared  by PropCred Analyst team for 52 Vince Elmore Way, Redbank Plains QLD 4301
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ✓
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Market Insight

Redbank Plains is a high-growth, family-oriented suburb positioned as an affordable entry point, with a median house price 11% below the state average. Demand is driven by young families, evidenced by 46% of households being couples with children and 36% of the population under 19, seeking 4-bedroom homes which dominate sales. The market is active and competitive, with median house prices rising 15.4% annually and properties selling in approximately 27 days. Future growth is supported by strong rental demand (58% renting), though this high investor presence and rate sensitivity present a key market constraint.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

453m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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