Property value increases in Redbank have tracked close to the QLD average of 2.38% over the last 12 months.
Comparing Redbank,4301 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Redbank is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 317th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Redbank the average time real estate has been on the market is 79 days.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Redbank has increased when compared to the 5 year average annual rate.
Advertised rents are around the $295 mark per week – giving a return of 4.57% based on the median price in Suburb