Redbank Plains Suburb Profile

Redbank Plains Suburb Profile

26 April 2023

A booming residential development hotspot, in recent year Redbank Plains has emerged as one of the major satellite centres of Ipswich. Boasting affordable property and rental prices and easy access to schools, shops and transport links, it is an area in hot demand. Positioned approximately 12 km from Ipswich and 34 km from Brisbane CBD, it is also less than 5km from the now established city centre of Springfield, and less than 10km from the booming development area of Ripley, placing it right in the heart of one of South east Queensland’s most active development corridors.

 

History

The origins of the area were as a convict farm in the early days of European settlement farming sheep, cotton, potatoes and maize through the early to mid 1800’s. Due to its convenient location on the Brisbane to Ipswich railway line, coal mining began at Redbank in the 1840’s as well, and the late 1800’s saw the area emerge as a major industrial hub with an abbatoir, fellmongery and textile factories all dominating the landscape and economy though to the mid 1900’s.

The name Redbank was officially coined in 1925 although it is unclear when the vast area to the south became officially known as Redbank Plains. That area remained mainly farmland until the mid 1900’s where a boom in urban expansion saw new residential subdivisions opening in the 1960’s. These new subdivisions included the Collingwood Park estate in between Redbank and Redbank Plains, which was eventually gazetted as a suburb in its own right in August 1982. The opening of the area’s first major shopping mall followed shortly after with Redbank Plaza opening in 1985.

This urban development has continued through until the present day with new subdivisions still being released. The subsequent redevelopment of Town Square on Redbank Plains Road in 2016 gave the area a much-needed new retail hub with upgraded shopping and dining facilities. As of the 2016 census, Redbank Plains had a population of 19,299 people, Redbank 1,834 and Collingwood Park 7,104.

Today the area of Redbank itself remain a primarily industrial area although there are some smaller residential subdivisions south of the Ipswich Motorway adjacent to its boundary with Redbank Plains.

Schools

Primary

Redbank Plains State School (public)
Fernbrooke State School (public)
St Ann’s Catholic School (private)

Secondary

Redbank Plains State High School (public)
Staines Memorial College (private)

St Ann’s Catholic School on Hallets Road, Redbank plains – Image from stanns.qld.edu.au

Major Shopping Centres

Redbank Plaza – 1 Collingwood Dr, Redbank
Town Square Redbank Plains Shopping Centre – 357 – 403 Redbank Plains Rd, Redbank Plains

Transport

The area is well serviced by all modes of transport. Redbank Train Station on Brisbane Tce & Weedman St, Redbank provides a rail link to both Brisbane and Ipswich, with Goodna and Springfield Stations also in close proximity, while a wide array of council bus routes also service the region via a network of main thoroughfares.

Redbank Plains also boasts excellent connections to the wider freeway network, with links to the M2 Ipswich Motorway, M5 Centenary Motorway and M15 Cunningham Hwy all within a short distance, providing access to Brisbane, Ipswich and beyond.

The Ipswich Motorway is a major arterial corridor between Brisbane and Ipswich. Image from The Courier Mail

Property Market

In terms of the local real estate market, Redbank Plains is generally regarded as an entry-level suburb for both home buyers and investors, due to its location benefits and affordability status. As of September 2023, according to REA Group the current median sale price for houses in Redbank Plains is $525,000, up 9.4% from September 2022. The median sale price for units and townhouses currently sits at $350,000, making Redbank Plains an attractive option for home buyers on a budget unable to afford the hefty price tags attached to inner city locations.

It is also very popular with investors, offering fantastic growth potential with low vacancy rates, median rental values also up 14.3% in September 2023 from the same time the previous year.

House knows Redbank Plains. Does your agent? Contact us today to find out more.

Til next time, ciao 😊

 

Disclaimer: The information is this article is for general information only, it is not intended and should not be considered as either legal or financial advice. The information contained herein should not be relied upon solely and all parties are encouraged to obtain their own independent advice before making any financial decision.
Matt Boettcher

Article by Matt Boettcher

Matt started his real estate career in 2001, he has followed in the footsteps of his grandfather who was also a very successful real estate agent in Ipswich. The Boettcher…

Call 0406 693 124 Email Matt