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Investment Property Redfern, NSW, 2016

Suburb Snapshot

Redfern is a suburb in the Sydney Region of New South Wales. Redfern has a population of 13,216 people and 50.59% of its occupants live in rental accommodation. The median listing price for houses is $1,800,000 and this has changed 5.88% over the past year and changed 20.00% over 2 years.

The median rent in Redfern for houses is $1,050 per week and the median rental yield is 3.03%. Stock on the market for houses/townhouses has changed 66.67% compared to last year and the average time to sell a house/townhouse is 35 days.The median listing price for units is $890,000 and this has changed 11.25% over the past year. The average unit takes 102 days to sell and the median rent for a unit in Redfern is $765 per week, producing a rental yield of 4.46%.

Supply & Demand in Redfern, Sydney

1.42%

Current vacancy rate


115

Rental stock available


13,216

Population


50.59%

Rental population


2.21%

Current vacancy rate


2,817

Rental stock available


208,378

Population


49.98%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Redfern, Sydney

  House Townhouses Units
Median listing price $1,800,000 NA $890,000
Median price change - last quarter 2.85% NA 4.09%
Median price change - 1 year 5.88% NA 11.25%
Median price change - 2 years 20.00% NA 5.38%
  House Townhouses Units
Median weekly rent $1,050 $1,050 $765
Median yield % 3.03% NA 4.46%
Median rent change - 1 year 5.00% 10.52% 6.25%
  House Units
Previous month sales 13 17
Stock on market previous month 25 40
Stock variance vs. last year 66.67% 42.86%
Average days on market 35 102

Redfern investment property listings

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