26 Balsam Street, Redland Bay QLD 4165
This property is Off Market
- The Average property price in this area is $910,539, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 1.03 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Redland Bay
With an average age of 33, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $488. The average family earns a weekly income of $2,630 with a typical household size of 3.2 and a 93.91% employment rate.
Consistent high demand relative to supply is a key feature in Redland Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Redland Bay due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Redland Bay classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Redland Bay requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Redland Bay Marina platform 3
Cleveland
Boat ramp
Macleay Island
Karragarra Ferry Terminal
Lamb Island
Redland Bay Marina platform 4
Russell Island Ferry Terminal
Edens Landing
Holmview
General Points of Interest
Riverlakes Golf Course
Off Road Rush
The GyM Russell Island
Towncentre At Victoria Point
Victoria Point Indoor Sports
Serpentine Creek Cemetery
Russell Island Sport and Recreation Park
Redlands Netball Association
Redland Bay Golf Club
Isle of Coochie Golf Club
Population
(Country of Birth not stated 0%)
Are people healthy?
There are a recorded 1919 asthma sufferers and 619 people living with diabetes. In addition, 743 people have a heart/vascular condition and 1167 people live with three or more chronic diseases.A good place to invest in property?
Redland Bay a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
40 / 100
32 / 100
Industry
39 / 100
32 / 100
Population
59 / 100
40 / 100
House Prices
83 / 100
63 / 100
Jobs
45 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsRedland Bay SS Victoria Point SHS
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Kimberley College
Carbrook, QLD, 4130 Independent Prep-12 -
Faith Lutheran College - Redlands
Victoria Point, QLD, 4165 Independent Prep-12 -
Carbrook State School
Carbrook, QLD, 4130 State Prep-6 -
Redland Bay State School
Redland Bay, QLD, 4165 State Prep-6 -
St Rita's Primary School
Victoria Point, QLD, 4165 Independent Prep-6 -
Russell Island State School
Russell Island, QLD, 4184 State Prep-6 -
MacLeay Island State School
Macleay Island, QLD, 4184 State Prep-6 -
Mount Cotton State School
Mount Cotton, QLD, 4165 State Prep-6 -
Victoria Point State High School
Victoria Point, QLD, 4165 State 7-12
Property Story
26 Balsam Street, Redland Bay, Qld, 4165 is a residential property with 4 bedrooms, 2 bathrooms and 3 Parking spaces. The estimated value of this home is $920,000 while properties of this type typically sell for between $490,000 and $3,000,000 in this suburb. The estimated distance to the sea is only 1.03km and 0.49KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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