With a capital gain of 10.40% for the last 12 months, Redcliffe, 4020 has performed for property investments than its average annual 4.75% property growth over the last 5 years.
Redcliffe,4020 was ranked 1871 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -6.05% to buyers in Redcliffe at the moment, which is less than average for the rest of QLD.
Redcliffe is in the bottom 40% in QLD when comparing median price capital growth over the last year. Redcliffe gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.64%.
Comparing Redcliffe,4020 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Redcliffe itself are offering an average vendor discount of -4.79% to real estate investors.
With the median price for a house in Redcliffe being $371000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.91%