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Redcliffe

POSTAL CODE: WA, 6104
HOUSE
UNIT

Property investments in REDCLIFFE fare well against the rest of the country last year, registering a median home price increase of 10.92%.

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

Based on its average 5-year and quarterly capital gains REDCLIFFE, 6104 saw average growth in the long term.

Real estate investors could earn a rental income of $730 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 26.6 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $812,500.

REDCLIFFE ranks 138th on the list of best yielding suburbs for rental properties in WA, posting a 4.67% return.

Surburb overview

Redcliffe is a suburb of Perth, Western Australia, located in Belmont. It is approximately 10 kilometres east of Perth's central business district and is bordered by Great Eastern Highway, Tonkin Highway, Epsom Avenue, and the Perth International Airport grounds. 

As of the 2021 Census, Redcliffe had a population of 5,030 residents, with a median age of 37 years. The community comprises a mix of families, professionals, and retirees, contributing to a diverse atmosphere. 

Redcliffe is well-served by public transportation. The suburb is accessible via Transperth bus routes, including Route 39 between Grand Parade and Elizabeth Quay Bus Station and the high-frequency Route 935 between Perth Airport and Kings Park, passing through Belmont Forum Shopping Centre and Perth City. Additionally, the Redcliffe railway station, part of the Airport Line, opened on October 9, 2022, enhancing connectivity to Perth's CBD and surrounding areas. 

Redcliffe offers various amenities, including parks and recreational facilities. Its proximity to the Swan River provides residents with opportunities for outdoor activities. The suburb's location near major highways and the airport makes it convenient for travel and access to shopping centres and dining options.

As of December 2024, the median house price in Redcliffe is approximately $685,000, with a median weekly rent of $675. The suburb has experienced growth in property values, reflecting its desirability among buyers and investors. 

Redcliffe offers a balanced lifestyle with access to urban conveniences and community facilities. Its proximity to the Swan River and primary transport links makes it an attractive location for diverse residents.

Redcliffe provides a dynamic living environment with essential amenities, recreational opportunities, and convenient access to Perth's CBD, appealing to families, professionals, and retirees alike. 

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