Property value increases in Redcliffe have tracked close to the WA average of -4.91% over the last 12 months.
Comparing Redcliffe,6104 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.04% offered to property buyers. Sellers in Redcliffe itself are offering an average vendor discount of -7.52% to real estate investors.
Situated 8.19km from the CBD, Redcliffe is one of Belmont localities in the postcode 6104.
At number 1561th in the list of Australian suburbs ordered by increase in median house value over the last year, Redcliffe, 6104 is in the BOTTOM 10% with a property value increase of -9.68% recorded in median house prices.
Redcliffe6104 is located in WA which offers an average discount of -7.52% to property investors. Redcliffe itself is showing figures that indicate -6.77% is the average achievable by property buyers investing in the suburb.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.00%, without taking into account capital value appreciation, which has been averaging out at -1.00%.