Back 187 Redland Bay Rd
Off Market

187 Redland Bay Rd

Capalaba QLD 4157

4
2
1
0 m²
809 m²
House
Last sold for $1,150,000
Adam GouldAdam Gould, last sold this property on 13 April 2026 after 5 days on market.

Overview

Two Homes on One Block – Dual Living with Strong Income

A rare opportunity to secure two homes on one block, this versatile property is ideal for investors, extended families, or those seeking flexible living arrangements. Currently returning a combined income of $965 per week, it offers immediate returns in a highly convenient location. Positioned on a generous 809m² block with a wide 20m frontage, the property also presents potential for future subdivision or development (subject to council approval). The main residence is complemented by a fully self-contained granny flat with separate access, offering privacy and independence for occupants. Main Residence Features: - Open plan living and dining area with air conditioning - Spacious kitchen with stainless steel appliances and ample bench and storage space - Family bathroom with separate bath and shower - Three well-sized bedrooms, master with air conditioning - Single lock-up garage with internal access Second Dwelling (Granny Flat): - Fully self-contained with private, separate access - Air-conditioned living area with ceiling fan - One bedroom with built-in robe and ceiling fan - Bathroom with shower, vanity and toilet - Kitchen with stove, sink, fridge space and provision for a washing machine - Separately metered electricity Additional Features: - Large covered and enclosed outdoor entertaining area - Side access with plenty of space - Large powered garden shed - Fully fenced backyard, ideal for kids and pets - Located within the Capalaba State College catchment Conveniently located close to schools, parks, public transport and major shopping centres, this is a unique opportunity to secure a flexible property with multiple living options. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.

Features

4 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
809 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Capalaba over the last 12 months, the estimated median property value of 187 Redland Bay Rd is $1.15m.

Median value
$1.15m
Estimated value range
$825k - $2.19m
Median days on market
12
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Capalaba. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 187 Redland Bay Rd

2026
Sold
$1,150,000
13 Apr 2026 by Adam Gould, of Gould Estate Agents
2022
Sold
$810,000
Private Sale/Treaty on 25 Mar 2022 by Adam Gould, of LJ Hooker Property Centre
2019
Rented
Undisclosed
Leased on 03 Oct 2019 by Award Property Management

Happy sellers in Capalaba

90%
90% of sellers in Capalaba reported that their sale price either exceeded or met their price expectations.

Capalaba stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 98 reviews in Capalaba over the last 12 months.

Local market activity for 4 bedroom houses in Capalaba

In the last 12 months, 91 four-bedroom houses similar to 187 Redland Bay Rd, have been sold.

This represents a 18% increase in four-bedroom houses sales when compared to the previous 12 months.

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