Suburb Profile Report for Redcliffe QLD (4020)

Redcliffe House: Median price $440,000, Annual capital growth 2.57%, Number of sales 154, Weekly median advertised rent $380

Redcliffe Unit: Median price $381,000, Annual capital growth 1.90%, Number of sales 126, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for Aug 2019 as supplied by CoreLogic. Data is reported to the period ending May 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Redcliffe is an average performer in QLD when comparing median price capital growth over the last year. Redcliffe gave property investors a average capital gain figure when compared to the rest of the state, with 0.86%.

When looking at the potential capital gains offered to property investors over the last 3 years, Redcliffe comes in at number 406th in QLD.

Property investors looking for a bargain in Redcliffe should be aiming for at least -5.98% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $380 mark per week – giving a return of 4.49% based on the median price in Suburb

If you compare the increase in value of investment property in Redcliffe, 4020 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -7.30%.

Redcliffe,4020 has offered an average of -7.30% return per annum in house price rises to property investors over the last three years.

Redcliffe4020 is located in QLD which offers an average discount of -6.32% to property investors. Redcliffe itself is showing figures that indicate -5.70% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Redcliffe have been waiting around 96.5941 days to sell a property.

Advertised rents are around the $350 mark per week – giving a return of 4.78% based on the median price in Suburb

Metrics i HOUSE UNIT
$440,000 $381,000
0.00% -1.42%
0.86% -7.30%
2.57% 1.90%
$380 $350
154 126
4.49% 4.78%
68.1468531468532 96.5940594059406

Source: Monthly data update for Aug 2019 as supplied by CoreLogic. Data is reported to the period ending May 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Redcliffe QLD
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
Chart Table