Property value increases in Redland Bay have tracked just lower than the QLD average of 2.11% over the last 12 months.
A 15.38% growth in median value for property investors in Redland Bay,4165 puts this suburb at number 663th in terms of best performing suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Redland Bay, 4165. Typically our figures indicate that -4.52% is being offered, which puts this QLD suburb at 2954th most discounted overall in Australia.
Using the current median advertised rental of $465 and the average annual increase in value of a median property of 3.27%, investors should hope to achieve an overall return of 4.61%
Redland Bay is in the bottom 30% in QLD when comparing median price capital growth over the last year. Redland Bay gave property investors a disappointing capital gain figure when compared to the rest of the state, with -3.91%.
The five-year average increase in median property values for Redland Bay,4165 has given property investors a potential capital gain of -7.31% across each of those five years.
Advertised rents are around the $475 mark per week – giving a return of 6.08% based on the median price in Suburb