At number 2271th in the list of Australian suburbs ordered by increase in median house value over the last year, Redland Bay, 4165 is in the BOTTOM 50% with a property value increase of 3.40% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Redland Bay has increased when compared to the 5 year average annual rate.
Redland Bay, 4165 is offering QLD ‘s 724th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
At number 1895 in a list of fastest selling suburbs, Redland Bay is just in the bottom half of suburbs in Australia with an average of days on market 80.62 for properties listed there.
Advertised rents are around the $465 mark per week – giving a return of 4.54% based on the median price in Suburb
Investment property in Redland Bay has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.45%
A -2.63% growth in median value for property investors in Redland Bay,4165 puts this suburb at number 131th in terms of best performing suburbs in QLD
The most recent median price for Redland Bay is $426500, with sellers offering an average of -5.82% off the asking price.
Redland Bay, 4165’s gross rental yield is 5.82%