Property value increases in Redcliffe have tracked higher than the QLD average of 2.11% over the last 12 months.
Across a shorter period, Redcliffe, 4020 has seen a median price increase of 1.19% over the last quarter.
Our latest figures would indicate that property sellers in Redcliffe are currently offering property investors an average price cut of -5.17% below the asking price at the moment.
Situated 27.66km from the CBD, Redcliffe is one of Moreton Bay localities in the postcode 4020.
Giving property investors a a poor capital gain of -4.95% for the last year, Redcliffe, 4020 is the 1406th highest performer in Australia in this respect.
Over the longer term, Redcliffe has seen property prices show investors a 7.35% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Redcliffe 4020 should be seeing an average reduction in asking price of around -5.11% . This means that Redcliffe is holding prices well when compared to other suburbs in QLD.
Redcliffe, 4020’s gross rental yield is 4.99%