Back 38 Argyle St
Off Market

38 Argyle St

Redbank Plains QLD 4301

3
1
2
0 m²
720 m²
House
Last sold for $765,500
Bala RajanBala Rajan, last sold this property on 06 November 2025 after 43 days on market.

Overview

Prime Investment Opportunity – Growth Location with Long-Term Tenant!

If you're searching for the perfect set-and-forget investment, look no further than 38 Argyle Street, Redbank Plains. This solid and well-presented 3-bedroom home is located in one of South-East Queensland's fastest-growing corridors, just a short stroll from Redbank's brand-new Town Square and bustling shopping precinct. With infrastructure expanding rapidly, demand for quality rentals in the area is at an all-time high – and this property is already delivering excellent returns. Currently leased to a fantastic long-term tenant with an impeccable rental history, the home is returning $480 per week with a lease secured until June 2026 – and the tenant is keen to extend beyond that. Investors can step straight in with peace of mind knowing that rental income is guaranteed well into the future. Adding to the appeal, the property sits on a large 720m² block with Residential Low Density Zoning, offering plenty of space and potential. There's also scope for a code-assessable auxiliary dwelling (STCA), providing an outstanding opportunity to further increase yield in the years ahead. Features: * 3 good sized bedrooms * 1 spacious main bathroom * Modern kitchen with plenty of counter space * Well lit lounge dining area * Spacious 720m² block – Residential Low Density Zoning * Potential for auxiliary dwelling (STCA) * Long-term tenant with excellent rental history * Currently rented at $480 per week * Lease secured until June 2026 with tenant looking to extend * Minutes walk to Redbank Town Square & Tavern - Close to Primary & Secondary Schools - Easy access to train & bus stations - Short drive to Redbank Plaza and Orion Shopping Centre This is the kind of property savvy investors look for – secure rental income, capital growth potential, and unbeatable location. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
0 m² floor area
720 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 38 Argyle St is $811.25k.

Median value
$811.25k
Estimated value range
$595k - $1.11m
Median days on market
20
Estimated value trend
18%
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 38 Argyle St

2025
Sold
$765,500
Private Sale/Treaty on 06 Nov 2025 by Bala Rajan, of LJ Hooker | Browns Plains
2017
Sold
$326,000
12 Oct 2017 by Troy Scott, of Property Today
2012
Sold
Undisclosed
Private Sale/Treaty on 10 Dec 2012 by Justin Hagen, of Calibre Real Estate

Happy sellers in Redbank Plains

94%
94% 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 179 reviews in Redbank Plains over the last 12 months.

Local market activity for 3 bedroom houses in Redbank Plains

In the last 12 months, 125 three-bedroom houses similar to 38 Argyle St, have been sold.

This represents a 29% increase in three-bedroom houses sales when compared to the previous 12 months.

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