Redbank Plains First Home Buyer – Acreage Living on a Budget
Redbank Plains First Home Buyer – Acreage Living on a Budget
This is the story of how one first home buyer family secured one of the few remaining 2,000sqm blocks in Redbank Plains—well within budget—and added exceptional value through smart, long-term planning.
Key Purchase Snapshot
- Purchased For: $418,000 (September 2020)
- Rental Appraisal: $575 per week (7.15% gross rental yield)
- Current Market Value: Approx. $880,000 (as of May 2025)
- Capital Growth: 110.53% uplift over 4 years and 8 months
- Location: Redbank Plains
- Suburb Growth: 6.2% annualised over the past 17 years
About the Property
- 3 bedrooms, 1 bathroom, 3 car spaces
- Massive 2,007sqm block in the sought-after large-lot pocket
- Quiet street, well positioned for future upgrades
- One of the few remaining large blocks in Redbank Plains still within reach for first home buyers at the time
Client Goals – Big Block, Long-Term Vision
This client wanted space, privacy, and potential.
✅ A home they could renovate slowly over time
✅ Room for future extensions, sheds, or even a pool
✅ A family-friendly location without the cramped feeling of newer estates
✅ Strong growth prospects without overstretching their budget
IPS Buyer’s Agents helped them find a rare gem—a full 2,000sqm+ block in the large-lot zone of Redbank Plains, all within budget.
Why Redbank Plains? Why This Block?
✅ Strong capital growth history at 6.2% p.a. over 17 years
✅ One of South East Queensland’s last affordable acreage-style suburbs
✅ Close to major transport links, schools, and shopping centres
✅ Growing infrastructure and community investment
✅ Rare land content – extremely limited supply of big blocks remaining
How IPS Buyer’s Agents Delivered
✔️ Secured a large-block property in a high-demand pocket
✔️ Matched lifestyle vision with budget
✔️ Provided area insight to uncover undervalued opportunities
✔️ Worked alongside Moreton Bay Finance Broker for a tailored finance setup
✔️ Positioned the client for long-term equity growth and future lifestyle upgrades
Want Room to Grow in Your First Home?
If you’re dreaming of space, growth, and affordability, IPS Buyer’s Agents can help you secure a home that fits your vision—not just your budget.
📞 Reach out today to explore rare opportunities like this one in Redbank Plains.