Merritt Property Group
Merritt Property GroupIndependent buyer's agency, QLD based, Australia-wideFree 15-min call

Client result: Redbank Plains, QLD

Decade hold, Redbank Plains, Brisbane

Purchased in 2014 for $330,000, this Ipswich-corridor property is now worth $730,000 with a 7.6% rental yield, more than 121% growth over the decade.

The numbers

121% decade growth

Purchase price
$330,000 (2014)
Current value
$730,000 (PriceFinder, high confidence, July 2025)
Rent today
$485 per week
Rental yield
7.6%

Figures as published at the dates shown, from the sources shown. Past performance does not guarantee future results.

Redbank Plains sits in the Ipswich corridor, one of the growth areas Merritt Property Group has recommended to investors for over a decade.

Bought in 2014 for $330,000, the property was valued at $730,000 by July 2025 (PriceFinder, high confidence). Rent has grown with the corridor and now sits at $485 per week, a 7.6% yield on the original purchase price. Long holds in the right corridor do the heavy lifting.

More client results

Morayfield, QLD

$60k+ equity at handover

Tracy and Kristian join the SEQ property boom

Interstate investors Tracy and Kristian bought a new house and land package at Morayfield, 40km north of Brisbane, and saw its value rise by more than $60,000 between purchase and completion.

Property
New house and land package (Bravo Home)
Location
Morayfield, 40km north of Brisbane
Buyers
Tracy and Kristian, Western Australia
Read the full story

Eglinton, WA

46% value growth

Dual key home, Eglinton, Perth

This dual key home in Perth’s northern coastal suburbs was purchased in 2023 for $719,990. Its value has since climbed 46% to more than $1 million, on a 7.2% rental yield.

Purchase price
$719,990 (dual key, May 2023)
Current value
$1,050,000 (high confidence, realestate.com.au, March 2026)
Rent appraisal
$995 per week (Ray White Real Estate, March 2023)
Read the full story

Munno Para, SA

50%+ value growth

Off-the-plan home, Munno Para, Adelaide

This Adelaide home was purchased off the plan in 2022 for $532,210. Its value has since jumped more than 50%, with a 5.9% rental yield.

Purchase price
$532,210 (off the plan, June 2022)
Current value
$799,000 (high confidence, realestate.com.au, March 2026)
Rent appraisal
$605 per week average (Silvertail Real Estate, April 2026)
Read the full story

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