Suburb Overview
Redbank Plains is an outer-metropolitan suburb of Brisbane, Australia, with a population of approximately 24,349, making it a sizeable community. Located approximately 27 km from the Brisbane CBD, Redbank Plains is a outer metro area in Queensland. The median household income is $78,832 per year.
Investment Score
55
/ 100
Moderate
Redbank Plains has a solid income profile that supports reliable occupancy rates.
Key Indicators
Postcode
4301
Population
24,349
Usual resident population at the most recent census.
Median weekly rent
$350/wk
Weekly median rent for occupied homes. Live rental data integration coming soon.
Median household income
$78,832/yr
Annual median household income (before tax) across all households.
Distance to CBD
27 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Lifestyle & Amenities
Schools nearby
6
Parks & green spaces
10
Estimated 10 parks and green spaces near this suburb.
Median monthly mortgage
$1,473/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
80% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why People Like Living in Redbank Plains
- Outer-metro setting about 27 km from Brisbane — more space, quieter streets.
- Plenty of schooling options nearby — around 6 schools within reach.
- Good green-space access with around 10 parks and reserves nearby.
- Reasonable transport access — car-friendly with some public transport options.
- Predominantly separate houses (80%) — suburban lifestyle with more land.
Who Redbank Plains Suits
✔👨👩👧Families6 schools nearby, 80% separate houses.
✔📊InvestorsRent covers a solid share of the median mortgage.
✔🏡First-home buyersEntry costs sit at or below the Queensland median.
✗💼ProfessionalsLonger commute to the CBD.
Pros and Cons
Pros
- Rent sits within an affordable share of local incomes, supporting tenant demand.
- Mortgage costs are lower than the Queensland median, improving cash-flow margins.
- Access to several schools nearby (around 6).
- Local parks and reserves (around 10) add to liveability.
- Solid transport links into employment hubs.
Cons
- New-estate oversupply risk — many similar homes can compete for the same buyers.
- Traffic can build during peak hours, especially on arterial roads.
Investment Insight
With 24,349 residents, Redbank Plains is one of Queensland's more populous suburbs — roughly 4.4× the state median of 5,474 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Household income of $78,832/year is 13% below the Queensland median of $90,298, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median weekly rent of $350 equates to $1,517/month — about 103% of the median mortgage repayment of $1,473/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. At 27 km from Brisbane, Redbank Plains is an outer-metro location where buyers are typically trading commute time for floor space and a lower entry price.
Investment Tip
This suburb suits long-term investors due to steady population growth and affordable entry prices. Look for established streets close to schools and shops rather than raw new-estate land. Local rents consume roughly 23% of household income — a useful sanity check on tenant affordability.
Redbank Plains vs Queensland Median
How Redbank Plains stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Redbank Plains sits above the state median; negative means below.
| Metric | Redbank Plains | QLD median | Δ vs state |
|---|
| Population | 24,349 | 5,474 | +345% |
|---|
| Median household income | $78,832/yr | $90,298/yr | -13% |
|---|
| Median rent (weekly) | $350 | $385 | -9% |
|---|
| Median mortgage (monthly) | $1,473 | $1,733 | -15% |
|---|
| Distance to CBD | 27 km | 62 km | -56% |
|---|
| Separate houses | 80% | 77% | +3pp |
|---|
Investor Checklist
Pre-inspection briefing for Redbank Plains — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 24,349 residents — 445% of the QLD suburb median (5,474).
- Purchasing power: median household income $78,832/year (-13% vs Queensland suburb median of $90,298).
- Cash-flow coverage: $350/week rent (≈ $1,517/month) covers ~103% of the $1,473/month median mortgage.
- CBD access: 27 km straight-line from Brisbane (state suburb median 62 km).
- Dwelling mix: 80% separate houses — house-dominant market (vs 77% state median).
- Amenities: approximately 6 schools and 10 parks within or near the suburb.
- Rate stress-test: budget ~$147/month extra for a 1-percentage-point RBA rate rise on top of the $1,473/month median repayment.
- Tenant rent burden: 23% of the median household income is spent on rent — comfortably affordable.
Investment Strategy
⚠️
Buy & Hold
Moderate buy-and-hold potential: Redbank Plains's 24,349-person market and $78,832 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.
✅
Rental Yield
Strong rental coverage: $350/week (~$1,517/month) covers 103% of the $1,473/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.
⚠️
Renovation / Flip
With 80% houses in a 24,349-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Risk Factors
- Interest-rate sensitivity: the $1,473/month median mortgage in Redbank Plains means a 1-percentage-point RBA rate rise could add roughly $147/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Redbank Plains is 27 km from the CBD — not close enough to benefit from the inner-ring pricing halo, so growth depends more heavily on local infrastructure decisions and the wider Queensland market cycle.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Redbank Plains regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Redbank Plains with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
Run the numbers on a Redbank Plains property
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30-year projections for Redbank Plains
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2026 Outlook
Growth: Low
Rental Demand: Moderate
Investor Sentiment: Moderate
Capital-growth expectations for Redbank Plains are modest for 2026 — incomes 13% below the QLD median of $90,298 suggest gains will lag headline metro markets. Rental coverage runs at ~103% of the typical mortgage ($1,517/month rent vs $1,473/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 55/100 places Redbank Plains in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
Frequently Asked Questions
Is Redbank Plains a good suburb for investment?
Redbank Plains scores 55/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 24,349, median household income of $78,832/year and median weekly rent of $350. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
What drives property demand in Redbank Plains?
The main demand drivers in Redbank Plains are a median household income of $78,832/year, a dwelling mix that is 80% separate houses, roughly 6 schools and 10 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
What is the population of Redbank Plains?
Redbank Plains has a usual resident population of approximately 24,349, compared with a Queensland suburb median of 5,474 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
How far is Redbank Plains from the Brisbane CBD?
Redbank Plains sits 27 km straight-line from the Brisbane CBD. This is an outer-metro location; local employment and infrastructure announcements tend to move prices more than CBD connectivity alone.
What is the median rent in Redbank Plains?
The most recent census recorded a median weekly rent of $350 in Redbank Plains, equating to approximately $18,200/year in gross rental income (state median $385/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
What is the typical mortgage repayment in Redbank Plains?
The median monthly mortgage repayment in Redbank Plains is $1,473, or approximately $17,676/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
Is Redbank Plains cash-flow positive for investors?
A median weekly rent of $350 works out to $1,517/month, covering 103% of the median mortgage repayment of $1,473/month. That means rent exceeds the median repayment by roughly $44/month, so on these numbers Redbank Plains leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
What are the main risks of investing in Redbank Plains?
The main risks are interest-rate sensitivity on the $1,473 median mortgage, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
How we built this Redbank Plains profile
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.
Queensland Property Resources
