QLD/
Redbank

Suburb Profile

Redbank - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4301

house
unit

Based on its average 5-year and quarterly capital gains REDBANK, 4301 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that REDBANK, 4301 obtained a 1.88% growth over a ten-year period. It ranks 2940th 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 2.89% for the past year, which is higher than average compared to its 11.3% growth within a five-year period.

With the median home price in REDBANK sitting at $320,000, and the average rent at $340, property owners could potentially earn a 5.53% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in REDBANK are low, as opposed to average gains per annum over the past five years.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $320,000 $335,325
GROWTH REPORT
Median Quarterly 1.59% -0.02%
Median 12 month 2.89% 13.67%
Median 3 years 14.29% N/A
Median 5 years 11.3% 7.92%
10 years average annual 1.88% 13.22%
Weekly media advert. rent $340 $310
Time on Market 64.8 days 0.0 days
Gross Rental Yield Percent 5.53% 4.81%
demographics (median values)
Total Population
1048
Weekly Household Income
642.9
Household Size
2.10
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