Back 22 Penrose Cct
Off Market

22 Penrose Cct

Redbank Plains QLD 4301

3
2
1
422 m²
House
Last sold for $780,000
Emma RobinsonEmma Robinson, last sold this property on 05 January 2026 after 24 days on market.

Overview

LOW MAINTENANCE MODERN HOME WITH STRONG RENTAL APPEAL!

If you're looking for a strong, reliable investment with immediate returns, this modern 3 bedroom home ticks every box. Securely leased at $600 per week until November 2026, this property provides instant income with a long term tenant who values the home and its location. Set on a low maintenance 422m² block and built around 2009, the property offers contemporary living in a high demand rental pocket, making it an appealing option for investors wanting a stress free addition to their portfolio. Key Features: * Three spacious bedrooms, all with built-in wardrobes * Master with ensuite, ideal for long term tenant retention * Open-plan living and dining * Fully covered outdoor entertaining area * Modern kitchen with ample storage and stainless appliances * Air-conditioning for year round comfort * Single lock up garage + off-street parking * Fully fenced backyard, low maintenance for easy upkeep * Approx. 145m² internal floor area Investment Highlights: Current rent: $600 per week Lease secured until: November 2026 Ipswich City Council rates: approx. $698 per quarter Water/sewerage: approx. $352 per quarter (usage + access) Strong rental demand ensures ongoing stability Low-maintenance construction = reduced long-term expenses Located in a proven growth corridor with excellent rental yields Location Benefits: Minutes to Town Square Redbank Plains Shopping Centre Close to multiple schooling options & childcare Easy access to parks, bus transport, Ipswich CBD and Springfield Central Surrounded by modern homes in a well established estate Call Emma today or be prepared to miss out! Disclaimer: Qteam Realty has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
422 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Redbank Plains over the last 12 months, the estimated median property value of 22 Penrose Cct is $770k.

Median value
$770k
Estimated value range
$585k - $6.24m
Median days on market
16
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Redbank Plains. 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 22 Penrose Cct

2026
Sold
$780,000
05 Jan 2026 by Emma Robinson, of QTeam Realty
2016
Sold
$385,000
Private Sale/Treaty on 02 Feb 2016 by Guardian Wacol, of Guardian Property & Asset Management

Happy sellers in Redbank Plains

96%
96% of sellers in Redbank Plains reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 213 reviews in Redbank Plains over the last 12 months.

Local market activity for 3 bedroom houses in Redbank Plains

In the last 12 months, 142 three-bedroom houses similar to 22 Penrose Cct, have been sold.

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

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