If you compare the increase in value of investment property in Redlynch, 4870 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.17%.
Redlynch,4870 was ranked 3236 in Australia by increase in median property value over the quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.16% offered to property buyers. Sellers in Redlynch itself are offering an average vendor discount of -5.95% to real estate investors.
Investment property in Redlynch has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%
Redlynch, 4870 is offering QLD ‘s 168th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
Advertised rents are around the $315 mark per week – giving a return of 6.75% based on the median price in Suburb