Suburb Profile Report for Redcliffe QLD (4020)

Redcliffe House: Median price $439,250, Annual capital growth 2.35%, Number of sales 158, Weekly median advertised rent $380

Redcliffe Unit: Median price $372,500, Annual capital growth 1.58%, Number of sales 127, Weekly median advertised rent $348

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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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%.

Metrics i HOUSE UNIT
$439,250 $372,500
2.63% -3.62%
-1.84% -9.97%
2.35% 1.58%
$380 $348
158 127
4.50% 4.85%
65.020836 94.679245

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 9200
Median household income ($/weekly) 882
Median age of persons 44
Median housing loan repayment ($/monthly) 1733
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 1003 10.9
    35-44 years 1276 13.9
    45-54 years 1266 13.8
    55-64 years 1357 14.7
    65-74 years 990 10.8
    Others 3309 36.0
    Age Group
    Census Count Percent(%)
    Not Married 3430 49.1
    Registered Married 2879 41.2
    Defacto Relationship 679 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 6287 73.8
    Papua New Guinea 580 6.8
    Philippines 77 0.9
    United Kingdom 787 9.2
    Other 232 2.7
    Others 561 6.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 121 1.5
    Christianity 5833 72.0
    Hinduism 46 0.6
    Other Religious Groups 37 0.5
    No Religion 2031 25.1
    Others 37 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 415 11.4
    $400-$599 573 15.8
    $600-$799 440 12.1
    $1,000-$1,249 373 10.3
    $1,500-$1,999 392 10.8
    Others 1436 39.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3059 42.6
    Employed, worked full-time 2423 33.8
    Employed, worked part-time 1146 16.0
    Unemployed, looking for work 284 4.0
    Employed, away from work 261 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 649 16.9
    Technicians & trades workers 560 14.6
    Community & personal service workers 464 12.1
    Clerical & administrative workers 599 15.6
    Labourers 482 12.6
    Others 1078 28.1
    Occupation
    Census Count Percent(%)
    Pre-school 95 6.5
    Infants/Primary 540 36.7
    Secondary 424 28.8
    Technical or Further Educational Institution 169 11.5
    University or other Tertiary Institutions 182 12.4
    Others 60 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5954 70.0
    Flat, unit or apartment 2056 24.2
    Semi-detached, row or terrace house, townhouse 465 5.5
    House or flat attached to a shop, office 17 0.2
    Caravan, cabin, houseboat 9 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1834 47.0
    Fully owned 1100 28.2
    Being purchased 947 24.3
    Other tenure type 22 0.6
    Tenure Type
Census 2011, ABS
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