If you compare the increase in value of investment property in Red Cliffs, 3496 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 1.14%.
Taking the average capital gain, or increase in median house value, Red Cliffs,3496 has racked up an average of 1.14% over the period. This ranks it number 2826th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Red Cliffs are currently offering property investors an average price cut of -10.53% below the asking price at the moment.
On average over the past year, suburb has had 6.50 sales per month, which equates to 78 per year.
The VIC suburb of Red Cliffs, 3496 is in the Mildura local government area.