Is Redbank Plains a nice place to live?

Redbank Plains has broad residential streets with a mix of established low-set brick homes and newer housing estates, and semi-rural pockets on its fringes. It is a young community with many renters, with 59.2% of homes rented, and day-to-day life is centred on neighbourhood shopping centres, local schools, community sporting ovals, playgrounds, parks and walking routes. Bus services and major roads connect Redbank Plains with Ipswich and Brisbane, and larger retail and employment precincts are within easy driving reach. Construction has begun on a state-backed social and affordable housing project to deliver homes through Community Housing Limited.

Is it expensive to live in Redbank Plains?

A typical local household earned about $1,516 a week at the last Census. Against that income, Redbank Plains' median house price of $856,500 is about 10.9 times a typical local annual household income, and the median unit price of $767,500 is about 9.7 times a typical local annual household income, which sits well above local incomes. If you are renting, a house rent of $590 a week would take about 39% of a typical local household's weekly income and a unit rent of $450 a week would take about 30%. On the figures, both rents represent a sizeable share of local income, with house rents taking the larger share. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Redbank Plains a good place to invest?

Redbank Plains saw strong capital gains, with median house values rising 20.0% and median unit values rising 18.3% over the past 12 months. Over the same period house rents rose a solid 7.3% and unit rents rose a solid 7.1%. Values climbed notably faster than rents for both property types, and houses slightly outpaced units on both value and rent growth; the recent movement has been stronger on the capital-growth side than on rental income. This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Redbank Plains suburb profile

Redbank Plains is an outer suburb in the Ipswich region of South East Queensland, with broad residential streets and a mix of established low-set brick homes and newer housing estates. The suburb has some semi-rural pockets and small acreage on its fringes, giving a transition from urban to country.

Day-to-day life is centred on neighbourhood shopping centres, community sporting ovals, playgrounds and local schools, while bus services and major roads connect the suburb with Ipswich and Brisbane. Parks, walking routes and sporting facilities are prominent, and larger retail and employment precincts are within easy driving reach.

Redbank Plains property market performance

Current median dwelling price$812,000Past 3 months

Property growth+19.1%Past 12 months

Redbank Plains' median house price is $856,500, with house values up 20.0% over the last 12 months, a sharp rise. The median unit price is $767,500, with unit values up 18.3% over the last 12 months, a strong rise. This unit rise is based on only 10 sales over the last 3 months. Houses and units sold in much the same time over the last 12 months, with medians of 14 and 15 days respectively.

In Redbank Plains, house rents rose 7.3% over the last 12 months, a notable rise that trailed the much larger increase in house values.

	Houses	Units
Median price Past 3 months	$857K	$768K
Change in value Past 12 months	20.0%	18.3%
Sold Past 3 months	105	10
Median days on market Past 12 months	14	15
Average rent Past 12 months	$590	$450
Change in rent Past 12 months	7.3%	7.1%

5 year median price trend for houses and units

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Redbank Plains demographics

Redbank Plains is a young community with many renters.

Couple families with children make up 44.9% of families and renters account for 59.2% of homes. At the 2021 Census the population was 24,349.

Redbank Plains and Queensland

	Suburb	QLD
Median age years	27	38
Median household income weekly	$1,516	$1,675
Couples with children share of families	44.9%	41.2%
Couples without children share of families	25.5%	40.3%
One-parent families share of families	27.8%	16.8%
Homes owned outright share of homes	11.0%	30.1%
Homes with a mortgage share of homes	29.8%	35.6%
Homes rented share of homes	59.2%	34.3%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Redbank Plains infrastructure, key developments and investment opportunities

Redbank Plains saw construction begin in 2025 when the Queensland Government turned the first sod on a state-backed social and affordable housing project, starting work on 89 social and 32 affordable homes to be delivered by Community Housing Limited.

Other civic works in the suburb include the Redbank Plains Pump Station, completed in March 2024 and supplying water to Redbank Plains, the Ripley Valley, Swanbank and a new Frucor Suntory facility; Powerlink’s Redbank Plains Substation upgrade, with stage one completed in 2025 and stage two begun in 2026 and scheduled for completion in October 2026, involving replacement of transformers and primary bays; the Redbank Plains Recreation Reserve skate and youth facility, stage one completed in December 2022; and Ipswich City Council assuming management of the Redbank Plains Community Centre in December 2023.

Suburbs near Redbank Plains

Some popular suburbs near Redbank Plains include:

How does Redbank Plains compare to nearby suburbs?

Median house prices: Redbank Plains’s median house price is 9.8% lower than Bellbird Park’s.
House price growth: Over the past 12 months, house prices in Redbank Plains have grown 2.8% higher than in Bellbird Park.
Unit price growth: Over the past 12 months, unit prices in Redbank Plains have grown 8.6% higher than in Collingwood Park.
Selling speed for houses: Properties in Redbank Plains are selling 6.7% faster than in Augustine Heights.

Common questions about Redbank Plains

Is Redbank Plains a nice place to live?
Redbank Plains has broad residential streets with a mix of established low-set brick homes and newer housing estates, and semi-rural pockets on its fringes.

It is a young community with many renters, with 59.2% of homes rented, and day-to-day life is centred on neighbourhood shopping centres, local schools, community sporting ovals, playgrounds, parks and walking routes. Bus services and major roads connect Redbank Plains with Ipswich and Brisbane, and larger retail and employment precincts are within easy driving reach. Construction has begun on a state-backed social and affordable housing project to deliver homes through Community Housing Limited.
Is it expensive to live in Redbank Plains?
A typical local household earned about $1,516 a week at the last Census. Against that income, Redbank Plains' median house price of $856,500 is about 10.9 times a typical local annual household income, and the median unit price of $767,500 is about 9.7 times a typical local annual household income, which sits well above local incomes.

If you are renting, a house rent of $590 a week would take about 39% of a typical local household's weekly income and a unit rent of $450 a week would take about 30%. On the figures, both rents represent a sizeable share of local income, with house rents taking the larger share.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Redbank Plains a good place to invest?
Redbank Plains saw strong capital gains, with median house values rising 20.0% and median unit values rising 18.3% over the past 12 months. Over the same period house rents rose a solid 7.3% and unit rents rose a solid 7.1%.

Values climbed notably faster than rents for both property types, and houses slightly outpaced units on both value and rent growth; the recent movement has been stronger on the capital-growth side than on rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Choose the right real estate agents in Redbank Plains

Choosing the right real estate agent in Redbank Plains can have a big impact on your sale. While there are 212 real estate agents working in the suburb, but just 5 of them were responsible for 21.6% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.38% to 3.17%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.