Suburb Profile Report for Redland Bay QLD (4165)

Redland Bay House: Median price $525,000, Annual capital growth 3.27%, Number of sales 424, Weekly median advertised rent $465

Redland Bay Unit: Median price $406,000, Annual capital growth 0.00%, Number of sales 45, Weekly median advertised rent $475

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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

HOUSE UNIT
$525,000 $406,000
-1.87% 0.00%
0.00% -3.91%
3.27% 0.00%
$465 $475
424 45
4.61% 6.08%
81.63 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Redland Bay QLD
Demographics
Total population 13625
Median household income ($/weekly) 1575
Median age of persons 37
Median housing loan repayment ($/monthly) 2200
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 2252 16.5
    25-34 years 1501 11.0
    35-44 years 2227 16.3
    45-54 years 1882 13.8
    55-64 years 1547 11.4
    Others 4216 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 5743 59.6
    Not Married 2959 30.7
    Defacto Relationship 928 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 10240 78.2
    Papua New Guinea 701 5.3
    South Africa 226 1.7
    United Kingdom 1200 9.2
    Other 259 2.0
    Others 477 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 75 0.6
    Christianity 9391 74.9
    Islam 39 0.3
    Other Religious Groups 31 0.2
    No Religion 2979 23.8
    Others 25 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 329 8.3
    $1,250-$1,499 334 8.5
    $1,500-$1,999 664 16.8
    $2,000-$2,499 497 12.6
    $2,500-$2,999 400 10.1
    Others 1721 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4268 42.9
    Not in the labour force 2930 29.4
    Employed, worked part-time 2046 20.6
    Employed, away from work 394 4.0
    Unemployed, looking for work 316 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 915 13.6
    Professionals 943 14.1
    Technicians & trades workers 1174 17.5
    Clerical & administrative workers 1127 16.8
    Sales 696 10.4
    Others 1855 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 184 5.5
    Infants/Primary 1499 44.6
    Secondary 1010 30.0
    Technical or Further Educational Institution 228 6.8
    University or other Tertiary Institutions 363 10.8
    Others 80 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 12795 98.7
    Flat, unit or apartment 93 0.7
    Semi-detached, row or terrace house, townhouse 79 0.6
    Improvised home, tent, sleepers out 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1996 45.8
    Fully owned 1224 28.1
    Rented 1118 25.7
    Other tenure type 17 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals