Redbank Plains has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.08% to date .
While Redbank Plains,4301 ranked number 372th in QLD for increase in median house value (annualised) increase, it is ranked 353th over the last 5 years.
Vendor discounting in Redbank Plains is giving property investors an average Vendor Discount of around -2.98%. This puts suburb at number 24th in QLD when ranking the most discounted suburbs.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 5.28%, without taking into account capital value appreciation, which has been averaging out at 2.30%.
With a capital gain of 5.00% for the last 12 months, Redbank Plains, 4301 has performed for property investments than its average annual 4.19% property growth over the last 5 years.
Across a shorter period, Redbank Plains, 4301 has seen a median price increase of 0.00% over the last quarter.