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Redridge
AREA REPORTS

Redridge

Redridge - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4660

house

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $347,500.

The downward trend in home prices in REDRIDGE, 4660 averaged -1.6% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in REDRIDGE.

An average of 2.33 real estate transactions take place per month in REDRIDGE which translates to 28 per annum.

28 properties were sold in REDRIDGE in 2016, making it the 432nd most active market in QLD based on total real estate transactions.

REDRIDGE, 4660 places 675th in Australia based on median property value growth during the quarter.

Data report can be found below

Redridge
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $347,500 N/A
GROWTH REPORT
Median Quarterly 1.09% N/A
Median 12 month N/A N/A
Median 3 years -4.79% N/A
Median 5 years 8.59% N/A
10 years average annual -12.33% N/A
Weekly media advert. rent N/A N/A
Time on Market 61.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
n.a.
Weekly Household Income
n.a.
Household Size
n.a.
Age
n.a.
Monthly Loan Repayment
n.a.
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

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