Redcliffe is in the bottom 40% in QLD when comparing median price capital growth over the last year. Redcliffe gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.85%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Redcliffe has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Redcliffe should be aiming for at least -5.95% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
With a capital gain of -6.75% for the last 12 months, Redcliffe, 4020 has performed for property investments than its average annual 1.87% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Redcliffe comes in at number 125th in QLD.
Property buyers and investors in Redcliffe 4020 should be seeing an average reduction in asking price of around -5.61% . This means that Redcliffe is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Redcliffe being $380000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.79%