Property investors who have had real estate in Redbank, 4301 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.79%
While Redbank,4301 ranked number 364th in QLD for increase in median house value (annualised) increase, it is ranked 443th over the last 5 years.
Property investors looking for a bargain in Redbank should be aiming for at least -5.55% off the asking price, which is the average vendor discount being achieved at the moment.
At number 815 in a list of fastest selling suburbs, Redbank is in the TOP 30% of suburbs in Australia with an average of days on market 50.41 for properties listed there.