QLD has seen average median house prices change by 2.06% which means that Red Hill, 4059 has done well for property investors by showing a capital gain of 1.52% over the last year
The five-year average increase in median property values for Red Hill,4059 has given property investors a potential capital gain of 23.16% across each of those five years.
Property investors looking for a bargain in Red Hill should be aiming for at least -5.97% off the asking price, which is the average vendor discount being achieved at the moment.
A $542.5 per week rent on the median house gives suburb investors a gross yield of circa 3.37%, without taking into account capital value appreciation, which has been averaging out at 5.71%.
At number 382th in the list of Australian suburbs ordered by increase in median house value over the last year, Red Hill, 4059 is in the top 30% with a property value increase of 10.24% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Red Hill,4059 has racked up an average of 10.24% over the period. This ranks it number 675th in the whole country for real estate investors looking at median house price increases.
Red Hill, 4059 is offering QLD ‘s 65th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
Often selling an investment property can take time, and in Red Hill the average time real estate has been on the market is 93.25 days.
Red Hill is 358th on a list of best yielding suburbs for rents in QLD with a 3.91% return