redridge 4660
State: QLDPosiProp AI Investment Summary
redridge (QLD 4660) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.3% and has experienced a 12-month capital growth of Up 38.0%, with a median house buy price of $890,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$735,000
$740,000
$925,000
$890,000
Suburb Market Profile
Last month Redridge had 0 properties available for rent and 6 properties for sale. Median sold prices over the last year is $890,000 for houses. If you are looking for an investment property, consider houses in Redridge rent out for $520 PW with an annual rental yield of 4.3%. Redridge has seen an annual compound growth rate of 38.0% for houses.
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