BENDIGO 
2 MIN READHouse Prices To Add Another 20% If Banks Don't Slam The Brakes
Chatter about the possible introduction of macro prudential controls to slow house price growth is increasing, while rep...
Read More
Red CliffsRed Cliffs - SUBURB PROFILE REPORT
SHARE 
Based on its average 5-year and quarterly capital gains RED CLIFFS, 3496 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 RED CLIFFS, 3496 obtained a 5.42% growth over a ten-year period. It ranks 1310th on our list of suburbs that property investors should look into.
RED CLIFFS, 3496 in VIC belongs to the local government area of Mildura (RC).
RED CLIFFS, 3496 has a capital gain of 13.73% for the past year, which is higher than average compared to its 50.29% growth within a five-year period.
With the median home price in RED CLIFFS sitting at $263,000, and the average rent at $295, property owners could potentially earn a 5.83% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in RED CLIFFS are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $263,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 10.45% | N/A |
| Median 12 month | 13.73% | N/A |
| Median 3 years | 15.35% | N/A |
| Median 5 years | 50.29% | N/A |
| 10 years average annual | 5.42% | N/A |
| Weekly media advert. rent | $295 | N/A |
| Time on Market | 46.3 days | N/A |
| Gross Rental Yield Percent | 5.83% | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
