REDBANK 4301
State: QLDPosiProp AI Investment Summary
REDBANK (QLD 4301) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.7% and has experienced a 12-month capital growth of Up 18.3%, with a median house buy price of $810,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$701,000
$840,000
$810,500
Suburb Market Profile
Last month Redbank had 13 properties available for rent and 15 properties for sale. Median property prices over the last year range from $810,500 for houses to $557,000 for units. If you are looking for an investment property, consider houses in Redbank rent out for $583 PW with an annual rental yield of 3.7% and units rent for $450 PW with a rental yield of 3.6%. Redbank has seen an annual compound growth rate of 18.3% for houses and 19.8% for units.