Redland Bay is in the bottom 40% 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 0.60%.
While Redland Bay,4165 ranked number 424th in QLD for increase in median house value (annualised) increase, it is ranked 383th over the last 5 years.
Sellers are offering property buyers an average discount of -3.96% to buyers in Redland Bay at the moment, which is less than average for the rest of QLD.
Residents and property investors in Redland Bay have been waiting around 84.22 days to sell a property.
Redland Bay, 4165’s gross rental yield is 4.48%
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 5.04%
While Redland Bay,4165 ranked number 125th in QLD for increase in median house value (annualised) increase, it is ranked 232th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Redland Bay is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 307th in terms of most discounted suburbs in QLD
Redland Bay, 4165’s gross rental yield is 5.46%