Property investors who have had real estate in Redcliffe, 4020 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.22%
A 16.81% growth in median value for property investors in Redcliffe,4020 puts this suburb at number 168th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Redcliffe is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 556th in terms of most discounted suburbs in QLD
Residents and property investors in Redcliffe have been waiting around 65.38 days to sell a property.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 4.85%, investors should hope to achieve an overall return of 4.51%
QLD has seen average median house prices change by 0.77% which means that Redcliffe, 4020 has done well for property investors by showing a capital gain of -4.62% over the last year
Redcliffe,4020 has offered an average of -4.62% return per annum in house price rises to property investors over the last three years.
Redcliffe, 4020 is offering QLD ‘s 203th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
With the median price for a house in Redcliffe being $361000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.04%