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Investment Property Redbank, QLD, 4301

Suburb Snapshot

Redbank is a suburb in the Ipswich Region of Queensland. Redbank has a population of 1,841 people and 39.45% of its occupants live in rental accommodation. The median listing price for houses is $649,000 and this has changed 15.89% over the past year and changed 28.51% over 2 years.

The median rent in Redbank for houses is $520 per week and the median rental yield is 4.16%. Stock on the market for houses/townhouses has changed 25.00% compared to last year and the average time to sell a house/townhouse is 38 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Redbank is NA per week, producing a rental yield of NA.

Supply & Demand in Redbank, Ipswich

1.24%

Current vacancy rate


17

Rental stock available


1,841

Population


39.45%

Rental population


1.09%

Current vacancy rate


1,048

Rental stock available


193,736

Population


35.04%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Redbank, Ipswich

  House Townhouses Units
Median listing price $649,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 15.89% NA NA
Median price change - 2 years 28.51% NA NA
  House Townhouses Units
Median weekly rent $520 $450 NA
Median yield % 4.16% NA NA
Median rent change - 1 year 4.00% 12.50% NA
  House Units
Previous month sales 2 0
Stock on market previous month 15 1
Stock variance vs. last year 25.00% -66.67%
Average days on market 38 NA

Redbank investment property listings

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