Back 51 Peel St
Off Market

51 Peel St

Redland Bay QLD 4165

3
1
1
506 m²
House
Tracie HarringtonTracie Harrington, last sold this property on 24 November 2025 after 18 days on market.

Overview

THIS WILL NOT LAST LONG!

An incredible opportunity to enter the Redland Bay property market. Whether you are a savvy investor looking for strong rental returns or a first-home buyer ready to secure your future, this neat and tidy 3-bedroom home + rumpus offers unbeatable value right in the heart of Redland Bay. Redland Bay has experienced strong growth in recent years, driven by its coastal lifestyle, family-friendly community, and excellent infrastructure. Affordable homes in this location are becoming increasingly rare, making this property a smart and strategic buy. Property Features: * 3 bedrooms (2 with built-in robes) * Rumpus room * Separate lounge * Dining area off kitchen * Modern kitchen * 3000-litre water tank * Established gardens * Child-friendly, fully fenced yard with dual street access * Garden shed * Large covered shed * Security lights and screens throughout * Corner block with side access and secure parking Additional Highlights: * Close to Woolworths, pharmacy, post office, restaurants, cafe's and take away shops, schools, sports fields, parks, and public transport * Located in one of Redland Bay's most in-demand growth corridors * Close to Redland Bay Marina, Redland Bay Satellite Hospital, Redland Bay State School, Redland Bay Hotel etc. Whether you are growing your investment portfolio or stepping onto the property ladder, this property ticks all the boxes. There is a lot of opportunity to renovate this home and build on your investment. Rental appraisal of $650-$700pw with tenants waiting to move in! Call today to secure your viewing - opportunities like this are snapped up fast in Redland Bay. *Disclaimer: All information provided has been compiled from sources deemed reliable, however Harringtons Realty and its agents make no representations or warranties, express or implied, as to the accuracy, currency or completeness of the information. Interested parties should carry out their own independent enquiries and due diligence before making any purchase or investment decision.

Features

3 bedrooms
1 bathroom
1 carspace
506 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Redland Bay over the last 12 months, the estimated median property value of 51 Peel St is $965k.

Median value
$965k
Estimated value range
$707.5k - $1.58m
Median days on market
23
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Redland Bay. 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 51 Peel St

2025
Sold
Undisclosed
Private Sale/Treaty on 24 Nov 2025 by Tracie Harrington, of Harringtons Realty
2017
Sold
$375,000
09 Feb 2017

Happy sellers in Redland Bay

91%
91% of sellers in Redland Bay reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 194 reviews in Redland Bay over the last 12 months.

Local market activity for 3 bedroom houses in Redland Bay

In the last 12 months, 66 three-bedroom houses similar to 51 Peel St, have been sold.

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

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