Giving property investors a an average capital gain of 3.90% for the last year, Redbank, 4301 is the 2210th highest performer in Australia in this respect.
Over the longer term, Redbank has seen property prices show investors a 23.98% return over the last 3 years. This is worse than over the last 12 months
Redbank4301 is located in QLD which offers an average discount of -7.32% to property investors. Redbank itself is showing figures that indicate -6.33% is the average achievable by property buyers investing in the suburb.
At number 1776 in a list of fastest selling suburbs, Redbank is just in the top half of suburbs in Australia with an average of days on market 79.1 for properties listed there.
Redbank, 4301’s gross rental yield is 5.53%
Across a shorter period, Redbank, 4301 has seen a median price increase of 0.23% 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, 4301. Typically our figures indicate that -5.37% is being offered, which puts this QLD suburb at 663th most discounted overall in Australia.
Advertised rents are around the $295 mark per week – giving a return of 4.61% based on the median price in Suburb