Redbank Plains is an average performer in QLD when comparing median price capital growth over the last year. Redbank Plains gave property investors a average capital gain figure when compared to the rest of the state, with 2.36%.
Redbank Plains,4301 was ranked 2628 in Australia by increase in median property value over the quarter.
Vendor discounting in Redbank Plains is giving property investors an average Vendor Discount of around -5.69%. This puts suburb at number 524th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 31.42 sales per month, which equates to 377 per year.
Property investors should expect to get $330 weekly from the median priced house in this suburb.
Redbank Plains is in the TOP 20% in QLD when comparing median price capital growth over the last year. Redbank Plains gave property investors a very good capital gain figure when compared to the rest of the state, with 9.85%.
If we look at median property appreciation over just the last three months, Redbank Plains has given property investors a paper return of -3.79%. This puts Suburb as 309 on a list of fastest fasting appreciating suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.97% offered to property buyers. Sellers in Redbank Plains itself are offering an average vendor discount of -6.68% to real estate investors.
Residents and property investors in Redbank Plains have been waiting around 62.56 days to sell a property.
Advertised rents are around the $290 mark per week – giving a return of 5.94% based on the median price in Suburb