With a capital gain of 2.81% for the last 12 months, Red Hill, 4059 has performed for property investments than its average annual 5.10% property growth over the last 5 years.
Over the longer term, Red Hill has seen property prices show investors a 19.58% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Red Hill are currently offering property investors an average price cut of -7.84% below the asking price at the moment.
Residents and property investors in Red Hill have been waiting around 63.27 days to sell a property.
Property investors should expect to get $545 weekly from the median priced house in this suburb.
Red Hill is in the TOP 10% in QLD when comparing median price capital growth over the last year. Red Hill gave property investors a very good capital gain figure when compared to the rest of the state, with 14.94%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Red Hill has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Red Hill should be aiming for at least -6.29% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Red Hill have been waiting around 89.87 days to sell a property.
The QLD suburb of Red Hill, 4059 is in the Brisbane local government area.