Suburb Profile4301

Redbank Plains

Ipswich City Council · 30km south-west of Brisbane CBD

Median House
$760,000
Median Unit
$580,000
Population
28,189
Avg Land Size
500m²
From CBD
30km south-west

Property Market Insights

Key market indicators and historical price trends for Redbank Plains

Annual Growth (Houses)
+16.3%
Annual Growth (Units)
+11.8%
Rental Yield (Houses)
4.3%
Rental Yield (Units)
5.2%
Avg. Days on Market
23
Vacancy Rate
1.0%
5-Year House Growth
+92%
5-Year Unit Growth
+81%
Market Demand
High

5-Year Median Price Trend

  • Houses
  • Units
202120222023202420252026$0$0200K$0400K$1600K$1800K

Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.

Live market snapshot

Recent Redbank Plains sales

Refreshed 27 May 2026

Live aggregate from 27 recorded sales in the last 12 months. Source: Australian Realty data hub via realestate.com.au.

Median sold

$0.84M

Average sold

$0.80M

Lowest

$0.45M

Highest

$1.23M

Personal estimate

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About Redbank Plains

Redbank Plains is one of Ipswich's largest and fastest-growing suburbs, driven by extensive new residential estates and the Redbank Plains Road commercial corridor. The suburb offers affordable new housing, growing retail and dining options, and improving community infrastructure. Its position between Springfield and Ipswich CBD provides dual-centre access.

Development Potential

High. Remaining greenfield land and established residential areas offer continued development opportunity. The Redbank Plains Road corridor supports mixed-use and medium-density development. Population growth projections support sustained housing demand.

Key Zoning: Emerging Community, Low-Medium Density, Neighbourhood Centre

Growth Drivers

  • Population growth momentum
  • Greenfield pipeline
  • Affordable family market
  • Ipswich corridor growth
  • Retail corridor development

Thinking of Selling?

ACRES provides complimentary property assessments for Redbank Plains owners. Discover your property's true development site value.

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Living in Redbank Plains

Infrastructure

  • Redbank Plains Road retail corridor
  • New schools and community centres
  • Sporting facilities
  • Near Springfield services
  • Health facilities

Transport

  • Bus routes to Springfield and Ipswich
  • Centenary Highway access
  • Near Springfield train station
  • Cycling paths
  • Future transport upgrades

Lifestyle

  • Affordable new estate living
  • Growing retail and dining
  • Family community facilities
  • Close to Springfield
  • Modern suburban lifestyle

Redbank Plains Location

Redbank Plains, 4301 · Ipswich City Council

What's Nearby in Redbank Plains

Schools, parks, transport, shopping and education within Redbank Plains and surrounds

Schools

  • Redbank Plains State School
  • Redbank Plains State High School
  • Collingwood Park State School

Parks & Recreation

  • Redbank Plains Recreation Reserve
  • School Road Park
  • Henry Lawson Park

Shopping

  • Redbank Plains Town Centre
  • Redbank Plaza
  • Woolworths Redbank Plains

Transport

  • Redbank Station
  • Route 529 Bus

Own Property in Redbank Plains?

Properties in Redbank Plains with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.

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43 property owners in Redbank Plains requested assessments this month

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Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.