Investment property in Redcliffe has done 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 -9.05%
A 4.02% growth in median value for property investors in Redcliffe,6104 puts this suburb at number 359th in terms of best performing suburbs in WA
Our latest figures would indicate that property sellers in Redcliffe are currently offering property investors an average price cut of -7.51% below the asking price at the moment.
Redcliffe, 6104’s gross rental yield is 4.57%
WA has seen average median house prices change by -4.80% which means that Redcliffe, 6104 has not done well for property investors by showing a capital gain of -10.89% over the last year
Across a shorter period, Redcliffe, 6104 has seen a median price increase of -1.09% over the last quarter.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.58% offered to property buyers. Sellers in Redcliffe itself are offering an average vendor discount of -6.77% to real estate investors.
At number 1272 in a list of fastest selling suburbs, Redcliffe is in the bottom 20% of suburbs in Australia with an average of days on market 111.92 for properties listed there.