If you compare the increase in value of investment property in Redland Bay, 4165 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.00%.
If we look at median property appreciation over just the last three months, Redland Bay has given property investors a paper return of 0.00%. This puts Suburb as 460 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Redland Bay are currently offering property investors an average price cut of -4.20% below the asking price at the moment.
A $467.5 per week rent on the median house gives suburb investors a gross yield of circa 4.54%, without taking into account capital value appreciation, which has been averaging out at 2.91%.
Property investors who have had real estate in Redland Bay, 4165 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.56%
If we look at median property appreciation over just the last three months, Redland Bay has given property investors a paper return of 5.12%. This puts Suburb as 46 on a list of fastest fasting appreciating suburbs in QLD
Using the current median advertised rental of $472.5 and the average annual increase in value of a median property of 0.71%, investors should hope to achieve an overall return of 5.44%