REDBANK PLAINS 
1 MIN READDemand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
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WilberforceWilberforce - SUBURB PROFILE REPORT
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The suburb’s capital gain of 3.59% for the past year is higher than average compared to its 3.32% growth within a five-year period.
Also in WILBERFORCE, the median home price is sitting at $973,750, and the average rent at $500, this suggests property owners could potentially earn a 2.67% increase in gross rental yield.
Property investors have seen a -0.38% drop in WILBERFORCE based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.98% growth over a ten-year period. It ranks 901st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $973,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.38% | N/A |
| Median 12 month | 3.59% | N/A |
| Median 3 years | 10.97% | N/A |
| Median 5 years | 3.32% | N/A |
| 10 years average annual | 7.98% | N/A |
| Weekly media advert. rent | $500 | N/A |
| Time on Market | 28.9 days | N/A |
| Gross Rental Yield Percent | 2.67% | N/A |
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