Redbank, 4301 ranked 274th in QLD when comparing growth in median property values or capital gain over the last 12 months. Redbank is one of 2415 in our list for QLD
While Redbank,4301 ranked number 213th in QLD for increase in median house value (annualised) increase, it is ranked 487th over the last 5 years.
Redbank4301 is located in QLD which offers an average discount of -7.32% to property investors. Redbank itself is showing figures that indicate -7.10% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $335 and the average annual increase in value of a median property of 3.76%, investors should hope to achieve an overall return of 5.49%
The most recent median price for Redbank is $190500, with sellers offering an average of -7.06% off the asking price.
Advertised rents are around the $290 mark per week – giving a return of 7.92% based on the median price in Suburb