With a capital gain of -5.31% for the last 12 months, Red Hill, 4059 has performed for property investments than its average annual 2.50% property growth over the last 5 years.
The five-year average increase in median property values for Red Hill,4059 has given property investors a potential capital gain of 11.43% across each of those five years.
Property investors looking for a bargain in Red Hill should be aiming for at least -7.56% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 6.00 sales per month, which equates to 72 per year.
Advertised rents are around the $595 mark per week – giving a return of 3.69% based on the median price in Suburb
If you compare the increase in value of investment property in Red Hill, 4059 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 -7.39%.
If we look at median property appreciation over just the last three months, Red Hill has given property investors a paper return of -7.01%. This puts Suburb as 286 on a list of fastest fasting appreciating suburbs in QLD
Red Hill, 4059’s gross rental yield is 4.27%