Suburb Profile Report for Redcliffe QLD (4020)

Redcliffe House: Median price $445,000, Annual capital growth 2.62%, Number of sales 131, Weekly median advertised rent $380

Redcliffe Unit: Median price $361,750, Annual capital growth 0.43%, Number of sales 107, Weekly median advertised rent $360

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

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Redcliffe, 4020 have given investors a capital gain of 3.97%. This compares favourably with the 0.01% for QLD as a whole.

Across a shorter period, Redcliffe, 4020 has seen a median price increase of 1.14% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Redcliffe is offering property investors an average of -6.96. This rate of discount on properties puts Suburb at number 345th in terms of most discounted suburbs in QLD

Residents and property investors in Redcliffe have been waiting around 73.1102 days to sell a property.

With a capital gain of -6.40% for the last 12 months, Redcliffe, 4020 has performed for property investments than its average annual 0.43% property growth over the last 5 years.

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.

Sellers are offering property buyers an average discount of -5.75% to buyers in Redcliffe at the moment, which is less than average for the rest of QLD.

Often selling an investment property can take time, and in Redcliffe the average time real estate has been on the market is 99.092 days.

Metrics i HOUSE UNIT
$445,000 $361,750
1.14% -2.82%
3.97% -6.40%
2.62% 0.43%
$380 $360
131 107
4.44% 5.17%
73.1101694915254 99.0919540229885

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (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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