Back 54 Alawoona Street
Off Market

54 Alawoona Street

Redbank Plains QLD 4301

3
1
2
0 m²
1022 m²
House
Last sold for $650,000
Andy NuttonAndy Nutton, last sold this property on 10 June 2025 after 120 days on market.

Overview

Perfect investment property: Renovate & Land Bank // Demolish and Subdivide 1 into 2* Open Homes Cancelled

Located in a popular pocket of Redbank Plains, this home offers so much potential. It has great bones of being a well designed home with lots of potential perched on a 1022sqm lot. Close to new amenities and infrastructure that keeps endlessly keeps popping up in this popular suburb such as the $145m Redbank Plains Town Square Shopping Centre, new distributor road to Centenary Hwy creating easy access to Springfield CBD and Brisbane along with the proposed $2-$3 billion Ipswich to Springfield Public Transport Corridor that will see a proposed train stop at Keidges Road, Redbank Plains that is anticipated to be located within 1km of this home. The home does need some work to bring it up to minimal living conditions if you were wanting to rent it out – so this provides an opportunity to do some minor work and then rent the property out (anticipated rental yield with minor refurbishment) would be approx. $540-$570pw – creating the perfect land banking opportunity or; the perfect family home that's been invested in for the future. This land also could potentially be subdivided* with the home removed, several developments are already under-way in this street within close proximity for similar subdivisions creating one into two lots being approx. 511sqm each* Other amazing features of this home you'll love: o – 1022sqm of land – with minimal/gentle slope o – Existing home on the land – could be refurbished/renovated creating a perfect family home on large land or land banking opportunity with income o – Great bones with large land, stunning features such as polish timber floors and underneath garage o – Red hot area and high growth area of SEQld o – Plus much much more… This home/opportunity genuinely won't be on the market for long. Property is vacant and ready to go. Call Andy Nutton or Amit Shilvant for more information. *Potential to subdivide is Subject to Council Approval and whilst initial research has been done that seems positive, buyers are encouraged to do their own research and not rely on any agent information Disclaimer: *Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
0 m² floor area
1022 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 54 Alawoona Street 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 54 Alawoona Street

2025
Sold
$650,000
10 Jun 2025 by Andy Nutton, of Purple Cow Real Estate
2022
Sold
$510,000
22 Aug 2022 by Jarrod Scanlan, of Harcourts Greater Springfield

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 215 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 54 Alawoona Street, have been sold.

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

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