Redbank has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.47% to date .
Vendor discounting in Redbank is giving property investors an average Vendor Discount of around -8.31%. This puts suburb at number 215th in QLD when ranking the most discounted suburbs.
Redbank is 195th on a list of best yielding suburbs for rents in QLD with a 5.32% return
Our latest figures would indicate that property sellers in Redbank are currently offering property investors an average price cut of -7.93% below the asking price at the moment.
In the last year 16 properties changed hands in Redbank, which puts it as the 325th most active market in QLD when comparing the number of sales per suburb.
Situated 21.50km from the CBD, Redbank is one of Ipswich localities in the postcode 4301.