If you compare the increase in value of investment property in Redbank Plains, 4301 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 3.55%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Redbank Plains has increased when compared to the 5 year average annual rate.
Vendor discounting in Redbank Plains is giving property investors an average Vendor Discount of around -5.63%. This puts suburb at number 526th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 4.65%, investors should hope to achieve an overall return of 5.35%
Property investors who have had real estate in Redbank Plains, 4301 should be pleased 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 22.22%
A -10.86% growth in median value for property investors in Redbank Plains,4301 puts this suburb at number 6th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -6.74% to buyers in Redbank Plains at the moment, which is less than average for the rest of QLD.
The QLD suburb of Redbank Plains, 4301 is in the Ipswich local government area.