At number 2165th in the list of Australian suburbs ordered by increase in median house value over the last year, Red Hill, 4059 is in the BOTTOM 50% with a property value increase of 6.06% recorded in median house prices.
The five-year average increase in median property values for Red Hill,4059 has given property investors a potential capital gain of 29.63% across each of those five years.
At number 152th of QLD’s most discounted properties, Red Hill is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
Over the last year, property investments in Red Hill, 4059 have given investors a capital gain of -7.07%. This compares very badly with the 0.29% for QLD as a whole.
A 10.38% growth in median value for property investors in Red Hill,4059 puts this suburb at number 339th in terms of best performing suburbs in QLD
Vendor discounting in Red Hill is giving property investors an average Vendor Discount of around -6.96%. This puts suburb at number 71th in QLD when ranking the most discounted suburbs.
In the last year 29 properties changed hands in Red Hill, which puts it as the 260th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Red Hill being $460000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.30%