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Back 55 Penrose Circuit
Off Market

55 Penrose Circuit

Redbank Plains QLD 4301

3
2
1
374 m²
House
Last sold for $6,240,000
German GillGerman Gill, last sold this property on 09 June 2025 after 261 days on market.

Overview

Charming 3-Bedroom Home in the Heart of Redbank Plains!

Step into this inviting 3-bedroom, 2-bathroom residence, ideally situated in the heart of the vibrant Redbank Plains community. Whether you're a first-time homebuyer looking to settle into a friendly neighborhood or an investor seeking reliable returns, this well-appointed property offers an effortless blend of modern convenience and lifestyle appeal. Key Features: * Bright, Open-Plan Living & Dining: Enjoy the expansive, air-conditioned living and dining space that flows seamlessly, creating a light and airy ambiance for relaxation or entertaining guests. * Stylish, Functional Kitchen: The heart of the home boasts a modern kitchen with ample bench space and storage, making meal preparation enjoyable and efficient. * Private Master Suite: The spacious master bedroom is a perfect retreat, featuring air conditioning, a walk-in robe, and a sleek ensuite for added comfort and privacy. * Generous Additional Bedrooms: Two sizable bedrooms, each with built-in wardrobes, provide comfortable accommodations for family members, guests, or even a home office. * New Carpeting Throughout: Recently installed plush carpeting adds warmth and elegance underfoot, enhancing the overall style of the home. * Eco-Friendly Water Tank: This property is equipped with a water tank, supporting sustainability and helping to reduce water costs. Why You'll Love the Location: Situated in a thriving community, 55 Penrose Circuit offers unmatched convenience: * Education: Close proximity to reputable schools like Fernbrooke State School and Staines Memorial College. * Shopping & Essentials: Minutes away from Mountview Shopping Centre and Redbank Plains Town Square, providing all the essentials within easy reach. * Easy Commute: Quick access to the Centenary Highway, bringing Brisbane CBD within a 45-minute drive. Investor's Dream: Currently tenanted with a rental income of $520 per week until end of 2024. From January 2025, estimated rental return of $550 - $560 per week. This property offers a fantastic opportunity to secure a home in one of Redbank Plains' most convenient and sought-after areas. Don't wait this one won't last long! Act quickly to make this beautiful property yours contact us today to arrange an inspection and secure your place in Redbank Plains! DISCLAIMER: Information provided by Prime Place Property, its employees and related parties is a general outline for the guidance of intending purchasers or tenants and does not constitute in whole or in part an offer or a Contract. Reasonable endeavors have been made to ensure that the information given is materially correct, but any intending purchaser or tenant should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement. We recommend that you obtain financial, legal and taxation advice before making any decision.

Features

3 bedrooms
2 bathrooms
1 carspace
374 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 55 Penrose Circuit 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 55 Penrose Circuit

2025
Sold
$6,240,000
Private Sale/Treaty on 09 Jun 2025 by German Gill, of Prime Place Property

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 55 Penrose Circuit, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Redbank Plains

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Peter Ta

Sellers who recommend Peter Ta have praised them for being local expert, clear communication, supportive, friendly, stress-free process, responsive and great negotiation

  •   5   (88 reviews)
  •  35 Reviews in Redbank Plains
  •  45 Sales in Redbank Plains
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Reza Askari

Sellers who recommend Reza Askari have praised them for being local expert, clear communication, dedicated, responsive, honest, supportive and detail-oriented

  •   5   (71 reviews)
  •  25 Reviews in Redbank Plains
  •  11 Sales in Redbank Plains
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Karyn Fairbanks

Karyn Fairbanks is a recommended agent for Redbank Plains.  They have 10 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (343 reviews)
  •  11 Reviews in Redbank Plains
  •  10 Sales in Redbank Plains
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Michael Johnson

Michael Johnson is a recommended agent for Redbank Plains.  They have collected 11 local reviews across the last 12 months.

  •   4.9   (13 reviews)
  •  11 Reviews in Redbank Plains
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