Property value increases in Redbank Plains have tracked close to the QLD average of 2.11% over the last 12 months.
Redbank Plains,4301 was ranked 2454 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Redbank Plains is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 558th in terms of most discounted suburbs in QLD
At number 841th in the list of Australian suburbs ordered by increase in median house value over the last year, Redbank Plains, 4301 is in the top half with a property value increase of 3.03% recorded in median house prices.
Across a shorter period, Redbank Plains, 4301 has seen a median price increase of -6.21% over the last quarter.
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 Redbank Plains, 4301. Typically our figures indicate that -7.71% is being offered, which puts this QLD suburb at 185th most discounted overall in Australia.
Often selling an investment property can take time, and in Redbank Plains the average time real estate has been on the market is 63.63 days.
Renters in Suburb are facing rents around $3480 per annum or $290 every week.