With a capital gain of 5.16% for the last 12 months, Redhead, 2290 has performed for property investments than its average annual 5.09% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Redhead has increased when compared to the 5 year average annual rate.
The most recent median price for Redhead is $815000, with sellers offering an average of -9.21% off the asking price.
On average over the past year, suburb has had 3.08 sales per month, which equates to 37 per year.
With the median price for a house in Redhead being $815000 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 3.03%