Property investors who have had real estate in Redcliffe, 6104 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.66%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Redcliffe has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Redcliffe is offering property investors an average of -8.24. This rate of discount on properties puts Suburb at number 157th in terms of most discounted suburbs in WA
Advertised rents are around the $350 mark per week – giving a return of 3.96% based on the median price in Suburb