A survey of average capital gains or median home price increase in suburbs across the country shows that REDBANK, 4301 obtained a 1.6% growth over a ten-year period. It ranks 2594th on our list of suburbs that property investors should look into.
REDBANK, 4301 in QLD belongs to the local government area of Ipswich.
REDBANK, 4301 has a capital gain of 1.45% for the past year, which is lower than average compared to its 14.75% growth within a five-year period.
With the median home price in REDBANK sitting at $315,000, and the average rent at $340, property owners could potentially earn a 5.61% increase in gross rental yield.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.45%||N/A|
|Median 3 years||18.42%||N/A|
|Median 5 years||14.75%||7.06%|
|10 years average annual||1.6%||30.65%|
|Weekly media advert. rent||$340||$300|
|Time on Market||77.1 days||0.0 days|
|Gross Rental Yield Percent||5.61%||4.65%|