QLD has seen average median house prices change by 1.91% which means that Redcliffe, 4020 has done well for property investors by showing a capital gain of -0.90% over the last year
If we look at median property appreciation over just the last three months, Redcliffe has given property investors a paper return of 2.10%. This puts Suburb as 214 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -5.35% to buyers in Redcliffe at the moment, which is less than average for the rest of QLD.
Advertised rents are around the $380 mark per week – giving a return of 4.51% based on the median price in Suburb
With a capital gain of -6.47% for the last 12 months, Redcliffe, 4020 has performed for property investments than its average annual 1.52% property growth over the last 5 years.
A 15.52% growth in median value for property investors in Redcliffe,4020 puts this suburb at number 221th in terms of best performing suburbs in QLD
Vendor discounting in Redcliffe is giving property investors an average Vendor Discount of around -8.39%. This puts suburb at number 58th in QLD when ranking the most discounted suburbs.
A $345 per week rent on the median house gives suburb investors a gross yield of circa 4.64%, without taking into account capital value appreciation, which has been averaging out at 1.52%.