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Investment Property Redland Bay, QLD, 4165

Suburb Snapshot

Redland Bay is a suburb in the Redland Region of Queensland. Redland Bay has a population of 14,959 people and 22.01% of its occupants live in rental accommodation. The median listing price for houses is $854,000 and this has changed 6.55% over the past year and changed 8.23% over 2 years.

The median rent in Redland Bay for houses is $680 per week and the median rental yield is 4.14%. Stock on the market for houses/townhouses has changed 30.24% compared to last year and the average time to sell a house/townhouse is 89 days.The median listing price for units is $850,000 and this has changed 4.35% over the past year. The average unit takes 403 days to sell and the median rent for a unit in Redland Bay is NA per week, producing a rental yield of NA.

Supply & Demand in Redland Bay, Redland

1.03%

Current vacancy rate


72

Rental stock available


14,959

Population


22.01%

Rental population


0.69%

Current vacancy rate


466

Rental stock available


147,011

Population


22.73%

Rental population


1.02%

Current vacancy rate


24,088

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Redland Bay, Redland

  House Townhouses Units
Median listing price $854,000 $599,000 $850,000
Median price change - last quarter 5.26% 0.16% 5.91%
Median price change - 1 year 6.55% 16.42% 4.35%
Median price change - 2 years 8.23% NA 21.42%
  House Townhouses Units
Median weekly rent $680 $580 NA
Median yield % 4.14% 5.03% NA
Median rent change - 1 year 9.67% 16.00% NA
  House Units
Previous month sales 14 1
Stock on market previous month 267 10
Stock variance vs. last year 30.24% -56.52%
Average days on market 89 403

Redland Bay investment property listings

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