Giving property investors a an average capital gain of 3.89% for the last year, Red Cliffs, 3496 is the 2431th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Red Cliffs has increased when compared to the 5 year average annual rate.
Red Cliffs3496 is located in VIC which offers an average discount of -5.71% to property investors. Red Cliffs itself is showing figures that indicate -10.49% is the average achievable by property buyers investing in the suburb.
In the last year 72 properties changed hands in Red Cliffs, which puts it as the 351th most active market in VIC when comparing the number of sales per suburb.
A $255 per week rent on the median house gives suburb investors a gross yield of circa 7.09%, without taking into account capital value appreciation, which has been averaging out at 2.05%.