Giving property investors a a poor capital gain of -13.68% for the last year, Redfern, 2016 is the 4020th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Redfern,2016 has racked up an average of -13.68% over the period. This ranks it number 1675th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -1.82% to buyers in Redfern at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 7.42 sales per month, which equates to 89 per year.
Redfern, 2016’s gross rental yield is 3.07%
Redfern has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.57% to date .
Across a shorter period, Redfern, 2016 has seen a median price increase of 5.10% over the last quarter.
Redfern2016 is located in NSW which offers an average discount of -5.18% to property investors. Redfern itself is showing figures that indicate -3.64% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $690 mark per week – giving a return of 3.48% based on the median price in Suburb
![]()
Information supplied by:
October 2017
M
O
W
E
Located just 3km from the Sydney CBD, Redfern is a bustling commercial hub that draws city dwellers. Shopping is concentrated at Redfern Street, and to the east is the Redfern railway station. This station is the one closest to the University of Sydney at Camperdown and Darlington; thus, a constant flow of commuters keeps the area busy.Full summary
Prestige suburb maintains status
Postcode: 2016
Median house price: $1,567,500
Three-year growth: 56.0%
Rental yield: 2.7%
Gentrification has transformed the suburb of Redfern into a prestige area. It has been recording consistent growth for at least five years, and this trend looks to continue into the near future.
Located just 3km from the Sydney CBD, Redfern is a bustling commercial hub that draws city dwellers. Shopping is concentrated at Redfern Street, and to the east is the Redfern railway station. This station is the one closest to the University of Sydney at Camperdown and Darlington; thus, a constant flow of commuters keeps the area busy. In addition to being near the university, Redfern is the site of St Andrew’s Greek Theological College.
Redfern is a significant place to the Aboriginal community as the site of The Block, where many members of this community were given access to housing.
Close