Property investors who have had real estate in Red Cliffs, 3496 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 26.74%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Red Cliffs has increased when compared to the 5 year average annual rate.
The most recent median price for Red Cliffs is $227500, with sellers offering an average of -7.09% off the asking price.
Renters in Suburb are facing rents around $3120 per annum or $260 every week.