Property value increases in Redcliffe have tracked just lower than the QLD average of 2.21% over the last 12 months.
Redcliffe,4020 has offered an average of -2.00% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Redcliffe should be aiming for at least -5.07% off the asking price, which is the average vendor discount being achieved at the moment.
A $375 per week rent on the median house gives suburb investors a gross yield of circa 4.42%, without taking into account capital value appreciation, which has been averaging out at 2.68%.
At number 1238th in the list of Australian suburbs ordered by increase in median house value over the last year, Redcliffe, 4020 is in the BOTTOM 30% with a property value increase of -3.17% recorded in median house prices.
Redcliffe,4020 was ranked 1155 in Australia by increase in median property value over the quarter.
Redcliffe4020 is located in QLD which offers an average discount of -5.73% to property investors. Redcliffe itself is showing figures that indicate -5.40% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $365 mark per week – giving a return of 4.60% based on the median price in Suburb