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 -7.49%
The five-year average increase in median property values for Redcliffe,6104 has given property investors a potential capital gain of 9.13% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Redcliffe is offering property investors an average of -8.26. This rate of discount on properties puts Suburb at number 130th in terms of most discounted suburbs in WA
With the median price for a house in Redcliffe being $460000 and the advertised rent reaching $372.5 the gross rental yield for property investors calculates out to be 4.21%