REDFERN 2016
State: NSWPosiProp AI Investment Summary
REDFERN (NSW 2016) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Up 18.6%, with a median house buy price of $2,304,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,800,000
$2,308,000
$3,255,000
$2,304,000
Suburb Market Profile
Last month Redfern had 82 properties available for rent and 47 properties for sale. Median property prices over the last year range from $2,304,000 for houses to $1,050,000 for units. If you are looking for an investment property, consider houses in Redfern rent out for $1,000 PW with an annual rental yield of 3.1% and units rent for $850 PW with a rental yield of 4.7%. Redfern has seen an annual compound growth rate of 18.6% for houses and 6.5% for units.