Rudy Grommen
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    • About Redbank Plains

    Redbank Plains is a suburb located in Ipswich, Queensland, Australia. It is characterized by a mix of residential and commercial areas, offering a range of amenities such as schools, parks, and shopping centers. The suburb has experienced growth and development in recent years, making it a dynamic and family-friendly community.
    About Redbank Plains
    Redbank Plains
    Redbank Plains

    Suburb Statistics

    * Derived from publicly available listing data over a 12 Month period starting October 01, 2023

    Summary

    799 Total number of listingsin the past 12 months
    House listings764
    Unit listings35
    Median Days On Marketin the past 12 months
    House25
    Unit20
    Average Sales Pricein the past 12 months
    House$637,027
    Unit$415,085

    Demographics

    24,349 Total Suburb population
    0-45-1920-2425-3435-4445-6465-Over01,0002,0003,0004,0005,0006,0002,4446,3156,5954,5013,2644,1391,594
    Age Range
    9,011 Total Private Dwellings
    House:8,435
    Owned Ratio:42.28%
    Rented Ratio:57.18%
    Unit:569
    Owned Ratio:11.21%
    Rented Ratio:84.78%

    Housing Market

    House Statistics
    Total Sold Properties527
    Median Days On Market25
    Median Sold Price$631,000
    Rental Yield4.40%
    Median Sold Price Growth19.10%
    Vacancy Rate1.16%
    Auction Clearance Rate26.00%
    Unit Statistics
    Total Sold Properties32
    Median Days On Market20
    Median Sold Price$420,000
    Rental Yield5.10%
    Median Sold Price Growth23.50%
    Vacancy Rate0.42%

    Listing Count - 12 Months

    House
    Unit
    Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24May '24Jun '24Jul '24Aug '24Sep '240102030405060
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    Market Activity in (Redbank Plains), last 12 months

    Suburb listings
    Number of Listings*240* House & Units
    Suburb Rental Properties
    Rental Properties*57* During May 2024
    Suburb Sold Properties
    Sold Properties*559* House & Units

    Lifestyle and Amenities

    Family-Friendly Environment:

    Redbank Plains offers a family-friendly lifestyle with parks, playgrounds, and schools, making it ideal for residents with children.



    Convenient Amenities:

    The suburb features shopping centers, local markets, and essential services, providing residents with convenient access to daily necessities.



    Recreational Spaces:

    Residents can enjoy outdoor activities in nearby parks and sports facilities, contributing to a healthy and active lifestyle in Redbank Plains.

    Lifestyle and Amenities
    Investment Opportunities

    Investment Opportunities

    Real Estate Growth:

    Redbank Plains has witnessed significant real estate growth, making it an attractive option for property investment. The expanding community and development projects contribute to the suburb's potential for property value appreciation.



    Infrastructure Development:

    Ongoing infrastructure projects in the area, such as road improvements and public transport upgrades, enhance the overall appeal for investors. Improved connectivity often correlates with increased property demand.



    Rental Market Potential:

    With a mix of residential properties, there's potential for investors to tap into the rental market. The suburb's growing population and amenities make it appealing to tenants, providing opportunities for rental income.

    Unique Characteristics

    Cultural Diversity:

    Redbank Plains reflects a diverse community, contributing to a rich cultural tapestry. Residents from various backgrounds create a vibrant and inclusive atmosphere.



    Proximity to Nature Reserves:

    The suburb is near nature reserves and green spaces, offering residents opportunities for outdoor activities and a connection to nature within the urban environment.

    Unique Characteristics