Suburb Profile Report for Redcliffe QLD (4020)

Redcliffe House: Median price $439,000, Annual capital growth 1.74%, Number of sales 119, Weekly median advertised rent $380

Redcliffe Unit: Median price $390,000, Annual capital growth 0.08%, Number of sales 133, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Redcliffe has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.23%

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.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Redcliffe, 4020. Typically our figures indicate that -4.51% is being offered, which puts this QLD suburb at 1134th most discounted overall in Australia.

Redcliffe, 4020’s gross rental yield is 4.50%

Property investors who have had real estate in Redcliffe, 4020 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.41%

A -2.50% growth in median value for property investors in Redcliffe,4020 puts this suburb at number 176th in terms of best performing suburbs in QLD

The most recent median price for Redcliffe is $390000, with sellers offering an average of -4.22% off the asking price.

Residents and property investors in Redcliffe have been waiting around 108.4 days to sell a property.

Metrics i HOUSE UNIT
$439,000 $390,000
0.23% 0.00%
-0.23% 6.41%
1.74% 0.08%
$380 $360
119 133
4.50% 4.80%
50.4090909090909 108.4

Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (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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