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 3.9% and has experienced a 12-month capital growth of Up 18.7%, with a median house buy price of $862,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$788,000
$865,000
$862,500
Suburb Market Profile
Last month Redbank had 20 properties available for rent and 24 properties for sale. Median property prices over the last year range from $862,500 for houses to $675,000 for units. If you are looking for an investment property, consider houses in Redbank rent out for $600 PW with an annual rental yield of 3.9% and units rent for $458 PW with a rental yield of 3.8%. Redbank has seen an annual compound growth rate of 18.7% for houses and 39.2% for units.
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