Powered by MOMENTUM MEDIA
AREA REPORTS

Redbank Plains

Suburb Profile

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

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 0.28% growth over a ten-year period. It ranks 3702nd on our list of suburbs that property investors should look into.

REDBANK PLAINS, 4301 has a capital gain of -3.88% for the past year, which is lower than average compared to its 3.87% growth within a five-year period.

With the median home price in REDBANK PLAINS sitting at $322,000, and the average rent at $350, property owners could potentially earn a 5.65% increase in gross rental yield.

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

REDBANK PLAINS, 4301 in QLD belongs to the local government area of Ipswich (C).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $322,000 $333,000
GROWTH REPORT
Median Quarterly -0.54% -0.6%
Median 12 month -3.88% 5.71%
Median 3 years -1.45% 38.75%
Median 5 years 3.87% 43.23%
10 years average annual 0.28% 2.02%
Weekly media advert. rent $350 $300
Time on Market 90.5 days 118.5 days
Gross Rental Yield Percent 5.65% 4.68%
demographics (median values)
Total Population
8309
Weekly Household Income
1051
Household Size
2.90
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

tourists

Resorts get ready for tourists with ‘COVID-19 makeovers’

Queenslanders now able to enjoy a well-deserved break again at Sunshine State holiday hotspots can look forward to finding their accommodati...

Tim McKibbin

Beware of banks’ loan deferral schemes, real estate body warns

Home owners are advised to tread carefully when signing up for loan repayment deferrals. ...

More stimulus

More stimulus, negative rates ahead for property owners: Finsure

More federal government stimulus packages and the prospect of negative interest rates could be pivotal in helping the Australian economy reb...

Scott Morrison

What type of property owner benefits most from Morrison’s HomeBuilder?

Older Australians who are looking to downsize are tipped to be the big winners from Scott Morrison’s latest stimulus package, according to...

Sydney

Property market update: Sydney, May 2020

As the world continues to face the effects of the COVID-19 pandemic, how will the Sydney property market move to recover over the long-term?...

for sale

The secrets of due diligence, valuations and negotiations

There are plenty of properties out there, but not all properties are investment-grade properties, writes Lloyd Edge. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.