With a capital gain of 3.32% for the last 12 months, Redbank, 4301 has performed for property investments than its average annual 3.39% property growth over the last 5 years.
At number 282th of QLD’s most discounted properties, Redbank is in the bottom 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.
Property investors should expect to get $335 weekly from the median priced house in this suburb.
LACK OF BUYER INTEREST may well be the reason that Redbank is offering property investors an average of -5.79. This rate of discount on properties puts Suburb at number 51th in terms of most discounted suburbs in QLD
Redbank is 11th on a list of best yielding suburbs for rents in QLD with a 7.80% return