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Redbank Plains
| 5 Beds | 3 Baths | Approx 500 Square metres | 2 car spaces |
Two properties under one roof — two separate tenants, two separate leases, and two strong income streams, all on a single title. Maximise your rental return and flexibility with this smart investment design.
For over 15 years, Meridien Group has been helping clients secure properties that will deliver an investment advantage, with more yield and a positive growth outlook. This is a rare opportunity to secure a turn-key, fixed-price dual key property in Redbank Plains, one of South-East Queensland’s most dynamic growth corridors.
Perfectly positioned for investors, this property offers strong capital growth potential, attractive rental income, and lifestyle appeal.
Redbank Plains is renowned for its family-friendly suburban lifestyle, featuring a mix of modern estates and established homes, with convenient access to schools, parks, shopping centres, and essential amenities. Excellent transport connectivity, including the Ipswich Motorway and Centenary Highway, provides easy commuting to both Brisbane and Ipswich, making the suburb highly appealing for families and professionals alike.
The area has experienced rapid population growth, attracting young families, first-home buyers, and renters seeking affordable, spacious housing options. This youthful, family-oriented demographic ensures ongoing demand for homes and rental properties, creating a stable and thriving market for investors.
Dual-key Homes in prime growth corridors tick the investment advantage boxes. They consistently deliver strong rental returns and fill a void in the housing market with an affordable, 'right-size' solution that is always in demand.
Why Dual Key?
• With standard dwellings now yielding under 4%, dual key properties are becoming increasingly attractive.
• Higher rental yields.
• They are in limited supply due to planning restrictions, which increases buyer demand and long-term investment potential.
Key Features:
• Suitable for 2 separate tenants under 2 separate leases
• Primary dwelling usually 3-4 bedrooms + Secondary dwelling typically, 1–2 bedrooms.
• Both homes are completely private and self-contained, with their own entrances, kitchens, bathrooms, and living spaces.
• Looks like a standard house from the front.
Other key features include:
• Separate electricity and water metering.
• One set of council rates payable by the owner.
• A single lock-up garage for each unit.
• Separate letterboxes.
• Fire wall between dwellings and a dividing fence in the backyard.
Why Redbank Plains?
Redbank Plains also benefits from strong infrastructure and community facilities, including schools, childcare, recreational areas, and shopping, enhancing both lifestyle and long-term investment appeal.
A dual key property here is especially compelling: it offers flexible rental strategies, the potential to maximise rental yield, and upside through capital growth as the suburb continues to expand. With high demand for dual-living designs, this property is perfectly positioned for both short-term rental returns and long-term capital appreciation.
Located in the City of Ipswich, approximately 35 km southwest of Brisbane CBD, Redbank Plains has seen house values grow strongly over the past 12 months, with annual growth rates of 13–14%. Properties are selling quickly, often within just a few weeks, reflecting strong market activity and high interest from both investors and owner-occupiers.
Compliance:
At Meridien Invest, we carefully assess suitable sites, so our clients invest only where tenant demand is strong.
All aspects of the build meet or exceed Queensland building codes and local council planning requirements. The design aligns with energy efficiency standards, accessibility guidelines, and dual occupancy zoning conditions.
Not every council permits dual key homes. Each area has its own planning requirements, and the location must suit the product in terms of density and rental demand.
Who Rents Dual Key Properties?
Dual key homes appeal to a wide range of tenants, including:
• Small families wanting affordability without compromising on space.
• Couples or singles looking for a private, self-contained unit.
• Extended families who wish to live close but independently.
• Investors seeking flexible leasing options (rent both units or live in one and rent the other).
Exit Strategy
Resale:
Typically, Dual keys command a higher sale price due to established rental returns, limited stock and attract investors seeking immediate dual income potential
Hold and refinance:
Investors can release equity through refinancing once the property has appreciated or rental income has been established. Perfect for long-term investors building a property portfolio or seeking liquidity for diversification.
Why choose Meridien Invest as your investment property partners?
Since 2011 Meridien has neem working with clients to achieve More from their investment property program. Here are some key reasons why you should choose us as your partners for your investment journey.
1. We have access to exclusive opportunities through trusted relationships with reputable builders and developers. These partnerships allow us to consistently deliver homes that stand out — both in design excellence and investment performance — ultimately offering our clients a better investment opportunity ensuring the right fit for you goals and investment strategy.
2. Our services deliver a 'start to end' program that you can rely on and provides you with peace of mind.
3. Our clients come back for more
4. We work with you on an integrated investment program - not just selling you a property
Need to know more?
Book a time to discuss how to Achieve More with Meridien Invest and plan your investment journey with one of our experienced investment consultants.
We are here to help
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Disclaimer
Plans and images are for illustration purposes only. All prices and information is current as at the published date. Meridien Group does not provide financial or legal advice and does not offer or imply warranties or guarantees of performance. Clients are advised to seek independent legal and financial advice before proceeding.
Acknowledgement of Country
We respect and honour Aboriginal and Torres Strait Islander Elders past, present and future. We acknowledge the stories, traditions and living cultures of Aboriginal and Torres Strait Islander peoples on this land and commit to building a brighter future together.