Over the last year, property investments in Redlynch, 4870 have given investors a capital gain of -4.35%. This compares very badly with the 2.41% for QLD as a whole.
Redlynch,4870 was ranked 3219 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Redlynch is offering property investors an average of -7.10. This rate of discount on properties puts Suburb at number 405th in terms of most discounted suburbs in QLD
With the median price for a house in Redlynch being $462000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 5.06%
Redlynch, 4870 ranked 239th in QLD when comparing growth in median property values or capital gain over the last 12 months. Redlynch is one of 2415 in our list for QLD
Taking the average capital gain, or increase in median house value, Redlynch,4870 has racked up an average of -2.04% over the period. This ranks it number 1214th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Redlynch are currently offering property investors an average price cut of -5.64% below the asking price at the moment.
Residents and property investors in Redlynch have been waiting around 97.73 days to sell a property.
With the median price for a house in Redlynch being $240000 and the advertised rent reaching $317.5 the gross rental yield for property investors calculates out to be 6.88%